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Italy seizes millions in alleged fraud against Bond star Ursula Andress

Published by Global Banking & Finance Review

Posted on March 26, 2026

2 min read

· Last updated: April 1, 2026

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ROME, March 26 (Reuters) - Italy's financial police have seized assets worth around 20 million euros ($23.12 million) in an investigation into financial fraud targeting Swiss actress Ursula Andress,

Italy Seizes €20 Million in Alleged Fraud Against Bond Star Ursula Andress

Major Asset Seizure Linked to Financial Fraud Investigation

Overview of the Case

ROME, March 26 (Reuters) - Italy's financial police have seized assets worth around 20 million euros ($23.12 million) in an investigation into financial fraud targeting Swiss actress Ursula Andress, famous for her role in the first James Bond movie "Dr. No".

Nature of the Seized Assets

The assets are believed to be the proceeds of money laundering and self-laundering crimes committed against the actress, the Guardia di Finanza police said in a statement on Thursday.

They include a luxury country estate in San Casciano in Val di Pesa, on the outskirts of Florence, with vineyards and olive groves, as well as art pieces and other financial assets, police added.

Background and Investigation Details

Complaint Filed by Ursula Andress

Andress had filed a criminal complaint in Switzerland, claiming she had been a victim of fraud by people who managed her finances through a series of "highly opaque" transactions, the Guardia di Finanza said.

International Collaboration and Findings

Connections to Italy

The investigations in Italy and Switzerland identified "significant connections" between some of these transactions and Italy, particularly the Florence area, prompting Italian authorities to intervene, the statement added.

Profile of Ursula Andress

Andress, whose career peaked in the 1960s with roles alongside Elvis Presley, Dean Martin, Marcello Mastroianni, Jean-Paul Belmondo and Peter Sellers, turned 90 last week.

($1 = 0.8649 euros)

(Reporting by Alvise Armellini, editing by Giulia Segreti and Ros Russell)

Key Takeaways

  • Key assets seized include a San Casciano estate with vineyards and olive groves, valuable art, and other financial instruments linked to the fraud probe.
  • The investigation stems from a criminal complaint filed by Ursula Andress in Switzerland, alleging misuse of her funds by her deceased asset manager Eric Freymond through dubious transactions (uk.lapresse.it).
  • Italian authorities acted due to significant ties between the suspect transactions and the Florence region, triggering cross-border cooperation with Swiss investigators (elpais.com).

References

Frequently Asked Questions

What assets were seized in the Ursula Andress fraud case?
Italian police seized about €20 million including a luxury country estate, vineyards, olive groves, art pieces, and financial assets.
Why did Italian authorities intervene in the fraud investigation?
Investigations found significant connections to Italy, particularly the Florence area, presenting grounds for intervention.
Who is Ursula Andress and why is she in the news?
Ursula Andress is a Swiss actress best known for 'Dr. No,' and is a victim in a major financial fraud case involving asset seizures in Italy.
What led Ursula Andress to file a criminal complaint?
She claimed to be the victim of fraud by people managing her finances through 'highly opaque' transactions.
How much were the seized assets worth in USD?
The seized assets were worth approximately $23.12 million.

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