On camera, with a convicted criminal at a ‘billionaires’ event

What would two individuals accused of money laundering possibly have in common?

Prison showering etiquette?

Money movements around the globe with easy access, I would wager. Like Malta.

There’s no depht into which Muscat hasn’t dived!

Ladies and gentlemen this person sends you a cheque for euros 82 before elections. This will not even be enough for you to enter and have a drink or meal (mind you if you try to enter) at this club. A meal costs much over e100. I ask maybe another consultancy excuse on the way? Or maybe one has to spend some ill gotten gains?

Obviously our local maggot mixes with the big time crooks to pick up some tips.

I’m shocked! Never saw that one coming.

This story about the disgraced former Prime Minister Joseph Mvscat and Jacob Arabov deserves more investigation.

In the first place, The Shift News is the only Maltese news outlet which has correctly reported Jacob’s surname as Arabov, as opposed to other websites which referred to him as Arabo. He is in fact Russian.

And in the second place, Mvscat told Times of Malta that he accidentally met Arabov, whom he described as a “top entrepreneur,” at Billionaire Porto Cervo
“last year” after the two were placed next to each other by chance. Mvscat said he was invited to a ?business event at the club,? but no details were given of who invited him. But I do not believe Mvscat’s version of events, for the reasons I explain below.

Here are a few important facts about Arabov and the private club Billionaire Porto Cervo.

Arabov owns Jacob & Co, a jewellery and wristwatch retail company registered in New York, USA.

In the three years 2017-2019, and in 2022, Italian events designer Claudio Rotunno organised major annual events for Jacob & Co at Flavio Briatore’s Billionaire Porto Cervo, a club for the Elite (and the Establishment) in Sardegna. No such events were held in 2020 and 2021 due to the Covid-19 pandemic, and it does not appear that any such event was held in 2023 either.

The annual events were held in August of each of the four years mentioned.

From the video of Mvscat and Arabov, it is clear that the meeting took place in Summer.

This means that Arabov?s connection with Billionaire Porto Cervo is a business one, in which Jacob & Co uses Briatore?s venue and network of jet-setters and the filthy rich to market the products of Jacob & Co, and this is done through the services of third party Rotunno with whom Arabov and Jacob & Co have a client/service provider relationship. It is unlikely that Arabov would turn up at Billionaire unless Rotunno is organising an event for Jacob & Co, because their commercial relationship would otherwise be harmed.

Therefore, it is reasonable to believe that Mvscat was attending one of the events of Jacob & Co organised by Rotunno at Billionaire in the picturesque Porto Cervo.

But since there is no public internet record of such event last year, Mvscat?s statement to Times of Malta that he met Arabov last year is unlikely to be true, but it is likely that the truth is that he attended the 2022 event by Rotunno.

There is strong independent evidence that suggests that Mvscat attended the 2022 event. The pink-coloured decorations in the background behind Mvscat match those in pictures of the 2022 event on the jacobandco Instagram account. They also match those in a separate video available on the internet from 27 August 2022 of that years’ celebrations by Jacob & Co at Billionaire Porto Cervo by Vlogger Carl Runefelt. It is unlikely that the same decorations will be used in more than one event when this kind of money and guests are involved.

Now it so happened that the 2022 Jacob & Co?s event organised by Rotunno was inspired by ?il Padrino,? i.e. Francis Ford Coppola?s movie ?The Godfather,? on the occasion of the 50th anniversary since its release. The 1972 film is about the Mafia and its ruthless Corleone bosses. In 2022 Jacob & Co produced Opera Godfather, a tribute timepiece dedicated to the movie. The Italian media had this to say about the event: ?L?imprenditore sardo Claudio Rotunno ha portato al Billionaire le atmosfere e le suggestioni del famosissimo film hollywoodiano ?Il Padrino.? L?occasione era la celebrazione dell?ultima creazione di Jacob Arabo, ovvero uno degli orologi più lussuosi e ricercati mai concepiti, ideato e realizzato in un?edizione limitata per rendere omaggio appunto alla leggendaria pellicola di Francis Ford Coppola, The Godfather. Solo centottanta gli esclusivi invitati all?evento mondano, i cui nomi, altamente selezionati, comprendevano alcuni tra i più facoltosi uomini d?affari del pianeta, in prevalenza americani, arabi, cinesi e indiani.?

The media described Jacob & Co?s 2022 event as one of ?pharaonic? proportions. 

Watch Runefelt’s video of Jacob & Co’s 2022 event in the link below. Jacob & Co’s event was spread over several days in August 2022, and the video may refer to a different night from the one attended by Mvscat.

I’M INVITED TO A SECRET BILLIONAIRE PARTY!!! (youtube.com)