Ursula Andress' $23M Fortune Recovered After Alleged Fraud, Italian Authorities Seize Art & Assets
Ursula Andress has gotten her financial assets back after allegedly being swindled out of $23 million by her financial advisors.
Now, Italian authorities have shared that they recovered her stolen fortune in the form of “works of art” and other assets.
On Thursday (March 26), the law enforcement agency Guardia di Finanza shared the following post on X, “fraudulently misappropriated assets belonging to Ursula Andress have been identified. Goods, works of art, and financial holdings worth approximately 20 million euros have been seized.”
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According to AP News, authorities made the seizures as part of an investigation that began after Ursula reported to Swiss officials that financial advisers had defrauded her of her assets.
In January, the 90-year-old former model told Swiss newspaper Blick that she had lost 18 million Swiss francs (about 20 million euros) over an eight-year period due to actions by her longtime financial adviser. The outlet also reported that the adviser has since died.
Ursula was quoted as saying she was “still in shock” and claimed she was “deliberately chosen as a victim.”
She continued, “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.”
Kathy Ireland, known for mega-successful brand licensing company kathy ireland Worldwide, has recently shared her own alleged experience with being swindled out of millions and is currently suing her former business managers.