Italy police seize 15 million euros at Merrill Lynch in fraud probe

Thu Oct 3, 2013 9:39am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

ROME (Reuters) - Italy's financial police said on Thursday they had seized 15 million euros from Merrill Lynch (BAC.N: Quote) in Milan as part of a probe into alleged fraud against the city council of Verona.

The seizure was ordered by Verona prosecutors, a police spokesman said.

Merrill Lynch declined to comment.

(Reporting by Antonella Cinelli, editing by Silvia Aloisi)

A woman walks past the Merrill Lynch logo outside their offices in the City of London March 6, 2009. REUTERS/Andrew Winning