Story perspectives

Ursula Andress Claims €20 Million Fraud by Adviser

3/28/2026

Summary

Story summary

Ursula Andress, the actress best known for her Bond role, asserts she was defrauded of about 20 million euros by her former financial adviser, Eric Freymond, who died last year.
Italian authorities have seized about $23 million in assets tied to the alleged fraud, including properties, vineyards, and artworks in Tuscany, linked to a money-laundering scheme.
The investigation began after Andress reported the theft to Swiss authorities.
No arrests have been reported yet.

History

Historical Context

In 2019, Italian authorities intensified efforts against money laundering, seizing over $23 million linked to fraudulent schemes. This crackdown reflects a global trend, as seen in past scandals like the Bank of Credit and Commerce International in the 1980s and the $7 billion laundered through the Bank of New York in the late 1990s, highlighting ongoing challenges in financial regulation and investor protection.

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Story summary

Ursula Andress, the actress best known for her Bond role, asserts she was defrauded of about 20 million euros by her former financial adviser, Eric Freymond, who died last year.
Italian authorities have seized about $23 million in assets tied to the alleged fraud, including properties, vineyards, and artworks in Tuscany, linked to a money-laundering scheme.
The investigation began after Andress reported the theft to Swiss authorities.
No arrests have been reported yet.

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