Hip-hop's favorite watch jeweler Jacob will be spending 2 1/2 years in jail for associating himself with the infamous Black Mafia Family in the early 90's!
Jacob has given up $2 million dollars in illegal proceeds, as a part of his plea deal for laundering the drug profits of a nationwide drug conspiracy network. He lied to federal authorities about owning $5 million worth of jewelry seized from Terry Flenory, co-head of the notorious Black Mafia Family that operated throughout the United States from 1990-2005.
Damn dawg. When the Feds come a knockin', you tell the truth!
But does anyone care really??? Jacob & Co. watches are soooooo 98'.
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