Italy seizes €20m of assets allegedly bought with money embezzled from Ursula Andress
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Italian authorities seized €20 million in assets in Tuscany, including property and vineyards, allegedly purchased with funds embezzled from actress Ursula Andress. Andress, 90, filed a complaint in Switzerland alleging financial mismanagement by those entrusted with her finances. Swiss prosecutors uncovered a systematic misappropriation of approximately 18 million Swiss francs through complex transactions. The funds were traced to Italy, leading Florence prosecutors to investigate and locate a real estate complex near Florence. The seized assets include 11 units, 14 plots of land used for vineyards and olive groves, and artwork. The seizure aims to recover the illicit profits, but no suspects were identified in the statement.
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AI-ExtractedThe judge ordered the seizure of the entire illicit profit, up to the amount of CHF 18,000,000.
The money was traced to San Casciano in Val di Pesa, near Florence, and a real-estate complex.
Prosecutors in the Swiss canton of Vaud built a picture of a “systematic misappropriation of financial resources” worth about 18m Swiss francs.
Andress, 90, had filed a complaint in her native Switzerland alleging a “progressive and significant depletion of her assets”.
Italian authorities have seized €20m of assets allegedly bought with money embezzled from Ursula Andress.
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