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

The freeze underscores an active cross-border probe into a complex money trail from Switzerland to Tuscany.

Overview

  • Italian financial police seized about €20 million in assets near Florence after an investigating judge’s order Thursday as part of an ongoing investigation.
  • The package includes eleven buildings and 14 plots in San Casciano Val di Pesa, along with vineyards, olive groves and artworks.
  • Swiss investigators in the canton of Vaud say about 18 million Swiss francs were siphoned from Andress through opaque transfers and routed into foreign corporate structures.
  • Italian authorities have not named a suspect, while outlets such as Bild highlight reports linking the scheme to her former wealth manager Eric Freymond, who is deceased.
  • Andress noticed her fortune shrinking, filed a complaint in Switzerland, and says she remains in shock over the alleged betrayal.