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Jacob The Jeweler Forfeits $2 Million To Authorities
By: hiphopdx.comPosted On: 07/10/2009 3:58 P
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The Detroit Free Press reports that seven Michigan law enforcement agencies will share $1.6 million in drug forfeiture money formerly owned by Jacob "The Jeweler" Arabov.
The funds were surrendered as part of a plea deal Arabov agreed to after his 2006 sentencing of 30 months in prison for his part in cooperating with convicted cocaine trafficker and Black Mafia Family co-founder Terry "Southwest P" Flenory.
The seven townships and cities in Michigan will split amounts ranging from $67,200 to $267,000 and all funds must be used by law enforcement agencies as opposed to the participating municipality's general fund. The federal government will keep the remaining $400,000.
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