Charles Geerts (businessman)

Charles Ludovicus Geerts (1943 – 6 November 2024) was a Dutch businessman who was at one time one of Amsterdam's largest brothel owners.

After the sale of this firm in 1993, the money acquired was invested in real estate on the Amsterdam red-Light district.

In 2001, he successfully sued Het Parool newspaper in the Raad voor de Journalistiek (Journalism Council) after an article by Bart Middelburg on money laundering.

On 30 November 2006, all Geerts licenses were withdrawn by the municipality because, according to the national BIBOB agency, he had close ties with the underworld and would use his company for money laundering.

[4][5] At that time he was in conversation with Stadsgoed NV which, with the support of the municipality of Amsterdam, took over the Geerts' property for €25 million.

Although not formally agreed, on the basis of reciprocity, the municipality should also refrain making from insulting comments about Geerts.