October 3, 2013 / 9:51 AM / 4 years ago

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

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

ROME (Reuters) - Italy's financial police said on Thursday they had seized 15 million euros from Merrill Lynch (BAC.N) 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

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