Full Breakdown
Italian Authorities Seize $23 Million in Assets Stolen from Ursula Andress
3/28/2026, 10:11:29 PM
Overview of the Asset Seizure
Italian authorities announced on March 26, 2026, the seizure of approximately €20 million (around $23 million) in assets linked to Swiss actress Ursula Andress, famously known as the first "Bond girl" for her role in the 1962 film *Dr. No*. The assets were reportedly acquired through an international money-laundering scheme orchestrated by Andress's former wealth manager, Eric Freymond, who passed away in July 2025 in an apparent suicide.
Background of the Fraud Case
Ursula Andress, now 90 years old, alleged that she was defrauded of about 18 million Swiss francs (approximately €20 million) over an eight-year period by Freymond. Following her report to Swiss authorities, an investigation was initiated, leading to the recent asset seizure by Italy's Guardia di Finanza. The seized assets include real estate properties, vineyards, olive groves, and a notable art collection, all purchased with the misappropriated funds.
Details of the Allegations
Andress claimed that Freymond exploited her trust and goodwill, stating, “I was deliberately chosen as a victim. For eight years, I was courted and wooed. They lied to me shamelessly and exploited my goodwill in a perfidious, indeed criminal, way.” She filed a criminal complaint against Freymond's estate in January, accusing him of embezzlement and unauthorized transactions that led to the fraudulent purchases.
Official Statements & Responses
The Guardia di Finanza confirmed the seizure of assets in a Facebook post, stating they had identified and impounded properties and financial holdings connected to the alleged fraud. However, they did not disclose whether any arrests had been made in connection with the investigation. Andress expressed her shock and devastation over the situation, emphasizing her desire for justice: “I hope the perpetrators are punished to the full extent of the law. I’m devastated.”
Criticism & Opposition
While Andress has publicly shared her experiences and frustrations, the estate of Eric Freymond has denied any wrongdoing, asserting that he did not misuse clients' funds. The lack of clarity regarding potential arrests or further legal actions against Freymond's estate has raised questions about accountability in this case.
What's Next
Investigations by both Italian and Swiss authorities are ongoing as they seek to uncover the full extent of the alleged fraud and determine the fate of the seized assets. Andress's case highlights the vulnerabilities faced by individuals in financial management and the potential for exploitation.
Verbatim Quotes
- “I was deliberately chosen as a victim. For eight years, I was courted and wooed. They lied to me shamelessly and exploited my goodwill in a perfidious, indeed criminal, way in order to take everything from me. They took advantage of my age.” — Ursula Andress
- “This feeling of helplessness is unbearable – it’s killing me.” — Ursula Andress
- “I hoped to spend my final years happily and peacefully. And now this happens – I've been disgustingly cheated! I hope the perpetrators are punished to the full extent of the law. I'm devastated.” — Ursula Andress
