WYCLEF JEAN

Arabov is calling in $1.2 million (GBP600,000) in debts in a bid to keep his company Jacob + Co afloat while he serves a 30-month prison sentence for lying to federal investigators.

According to the New York Post, those who owe the jeweller money include Jean, producer Storch, Juvenile, and basketball player Eddy Curry.

A statement reads, "Jacob Arabov is putting together a business plan that will ensure the continued growth of Jacob + Co. while he is absent."

Arabov's star-studded client list includes Sean 'Diddy' Combs, the Notorious B.I.G., Kanye West, Jay-Z and R. Kelly.

His success afforded him a luxury lifestyle until cops pounced earlier this year (08), and he pleaded guilty to falsifying records and giving false statements during an drug money laundering investigation.

Source: WENN