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NEWS: Money laundering trial begins against former Jumbo CEO Frits van Eerd

Former Jumbo CEO Frits van Eerd

By PAUL O’DONOGHUE, Senior Correspondent

THE money laundering trial of former Jumbo CEO Frits van Eerd started today in the Netherlands.

Van Eerd, 58, faces charges of money laundering, forgery, and corruption. Some of the allegations involve motocross sponsorships linked to co-defendant Theo E., a 61-year-old former racing driver.

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