Overview

• A Groningen court on August 7 sentenced van Eerd to two years in prison following his conviction on money laundering, bribery and forgery charges.
• His co-defendant, identified as Theo E, received a three-and-a-half-year sentence for participating in the sponsorship fraud scheme.
• Prosecutors established that van Eerd issued falsified sponsorship invoices to redirect Jumbo supermarket funds into his Racing Team Nederland operations and personal ventures.
• Dutch authorities uncovered €176,000 in cash at van Eerd’s home and €448,000 at Jumbo headquarters during 2022 raids.
• Van Eerd has indicated he will appeal the verdict, arguing his entrepreneurial achievements were overlooked in the court’s decision.