Jacob The Jeweler To Stand Trial In Detroit

Yesterday (Monday 3/26) a federal judge decided that celebrity jeweler "Jacob the Jeweler" should stand trial in Detroit on money laundering charges.

As previously reported, the 41-year-old gem merchant (born Jacob Arabov) filed a motion last October requesting that his case be moved to New York.

The motion, filed by Jacob's attorney Benjamin Brafman, said it would be prejudicial to Jacob's case if he is tried alongside accused drug dealers and that it will be too expensive for the infamous jeweler to defend himself in Detroit.

According to Associated Press reports, U.S. District Judge Avern Cohn denied the motion, telling Arabov, "You should prepare yourself for a trial in the Eastern District of Michigan."

Arabov was arrested last June, outside his flagship store in New York, on a warrant issued in Detroit by federal authorities accusing him with conspiring with others to launder money through his jewelry business. The jeweler was one of 16 people indicted by a Michigan District Attorney last May for laundering over $270 million in drug profits.

Jacob has been accused of accepting money from the multi-state drug organization known as Black Mafia Family (BMF) and giving them jewelry in return without reporting the transactions.

Last June Arabov pleaded not-guilty to the money laundering charges and was freed on $100,000 bond.

Jacob Arabov emigrated from Russia to become one of the most well-known celebrity jewelers in the U.S. Also known as the "King of Bling," Jacob has outfitted megastars including the Notorious B.I.G., Madonna, Kanye West and Elton John with his pieces.

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