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Former Jumbo CEO sentenced to two years for fraud, money laundering, with €446,000 in hidden cash found.
Former Jumbo supermarket CEO Frits van Eerd was sentenced to two years in prison for money laundering, fraud, and forgery.
Police found €446,000 in cash hidden in his home, including behind books and in a fridge.
The court rejected his lawyers' explanations and found him guilty of defrauding his own company with fake invoices.
Van Eerd denies the allegations but has stepped down from his position.
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Ex CEO de Jumbo sentenciado a dos años por fraude, lavado de dinero, con €446,000 en efectivo escondido encontrado.