The Guardia di Finanza carried out a preventive seizure for 15 million and 100 thousand euros at the headquarters of Merrill Lynch in Milan. The operation took place as part of an investigation into an alleged fraud against the municipality of Verona. This was reported by the Fiamme Gialle, specifying that the seizure, carried out by the financiers of the Verona tax police group, was ordered by the public prosecutor of the city of Verona.
According to the investigators, the sum would be an illegal profit made against the municipality of Verona. The business bank would have induced the Municipality to restructure its debt by signing swaps for over 256 million euros, failing to indicate hidden commissions for over 15 million. Three officials of the institute are under investigation for aggravated fraud against a public body.
