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Italy Seizes €20 Million in Assets Tied to Alleged Theft From Ursula Andress

The move preserves assets for possible restitution during ongoing cross-border probes.

Overview

  • Italian financial police, who announced the seizures Thursday, linked about €20 million in property, farmland, artworks, and financial holdings around Florence to money taken from the 90-year-old actress.
  • The action follows a Swiss complaint Andress filed in January alleging an eight-year fraud that drained roughly 18 million Swiss francs from her accounts.
  • Investigators say the funds were routed through foreign companies and layered through transactions to hide their origin before being used to buy assets in Tuscany.
  • Authorities have not reported any arrests, and media reports identify the longtime adviser as Eric Freymond, who died in 2025, which could complicate prosecution and any recovery.
  • Police list 11 properties and 14 vineyard and olive-grove plots among the seized items, and such freezes typically hold assets in place while courts decide if they can be returned to victims.