Jacob the Jeweler Sues Wyclef
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The company founded by the New York businessman known to rappers as "Jacob the Jeweler" has sued Wyclef Jean, claiming he owes money for watches and jewelry he bought.
Jacob & Co. Inc. says in Manhattan court papers filed Tuesday that the hip hop musician bought several items between March 2002 and January 2006 for $765,100. The company says Jean still owes $319,680 despite "repeated demands for payment."
The company's founder, Jacob Arabov, was sentenced in June to 2 and a half years in federal prison for lying to investigators of a multistate drug ring.
Arabov was known as the "king of bling" to customers who included Madonna, Elton John and Kanye West.
Jacob & Co. Inc. says in Manhattan court papers filed Tuesday that the hip hop musician bought several items between March 2002 and January 2006 for $765,100. The company says Jean still owes $319,680 despite "repeated demands for payment."
The company's founder, Jacob Arabov, was sentenced in June to 2 and a half years in federal prison for lying to investigators of a multistate drug ring.
Arabov was known as the "king of bling" to customers who included Madonna, Elton John and Kanye West.
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