New York jewelry company sues Wyclef Jean

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NEW YORK — The company founded by the New York businessman known in the hip-hop world as "Jacob the Jeweler" has sued Wyclef Jean, claiming he owes money for watches and jewelry he bought.

Jacob and Company Incorporated says in Manhattan court papers filed Tuesday that the hip-hop star 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."

Several representatives for Jean didn't immediately respond to e-mails requesting comment.

The company's founder, Jacob Arabov, was sentenced in June to 2 1/2 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.
 
damn dude need to fire his accoutant. Shit like this would make me hiring an outisde accounting agency to make sure my shit is straight. If they slipping on the jewelry bills what other bills have slipped by.
 
wyclef1.jpg

"Tell Jacob I'll be gone till november"
 
I would like to hear Wyclef's side of the story

can't picture him being a deadbeat on a jewelry bill...

stranger things have happened though... but I would still like to hear him to speak on it
 
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