CEO of Max Verstappen’s sponsor arrested for money laundering / F1[F1-Gate.com]

Max Verstappen’s manager, Raymond Vermeulen, has said it’s “need to be careful” over the arrest last week of the CEO of Jumbo, the Red Bull driver’s longtime personal sponsor, for money laundering.

Fritz van Jeert, the chief executive of the Dutch supermarket chain, said last Tuesday that his home and several other locations were part of an investigation carried out by the country’s financial and tax crime service and its public prosecutor’s office. was arrested on suspicion of money laundering and tax evasion after being raided by Dutch police.

A personal friend of the Max Verstappen family and racer who competed in the WEC and historic F1 races, Fritz van Jeert has been accused of fraudulent transactions in real estate and automobiles, unexplained cash deposits and He is allegedly involved in a sponsorship deal.

However, Max Verstappen’s sponsor, Jumbo, is not believed to be involved in any questionable money laundering schemes.

“You have to be careful here,” Raymond Vermeulen told Algemeen Dagblad.

“We are waiting for the facts to come out. We are in communication with Jumbo and management and marketing are continuing as normal.”

Raymond Vermeulen says he and the Verstappen camp are taking a wait-and-see approach until there is more clarity.

“We have a contract with Jumbo and supermarkets are not covered by the investigation. That is clearly stated,” said Vermeulen.

“Watch out for all sorts of indications and wait for the facts to come out.”

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Category: F1 / Max Verstappen / red bull / F1 sponsor

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