NewsLocal News

Actions

Federal agents raid four San Diego homes in money laundering investigation

Posted: 11:18 AM, Nov 06, 2019
Updated: 2019-11-06 21:07:51-05
rancho san diego raid.jpg

SAN DIEGO (KGTV) — Local and federal authorities raided four San Diego County homes Wednesday as part of a money laundering investigation.

Agents served one of those warrants at an El Cajon home at about 7 a.m., according to neighbors. Agents could be seen removing several items from the property. 10News observed agents searching through the first and second floors of the home.

Neighbors told 10News agents made requests over a speaker for the home's residents to exit the property. Neighbors added that eventually, the announcements stopped and they heard what they described as a small explosion, before agents entered the home in tactical gear.

RELATED: Ex-Wells Fargo banker indicted for money laundering appears in court

Lauren Mack, with the Department of Homeland Security, told 10News the raid was one of five instances in which agents served search warrants as part of an investigation into a suspected money laundering conspiracy. Four locations were in San Diego County and one was in Los Angeles County.

Federal agents worked with San Diego Homeland Security Investigations to serve the local warrants.

No arrests have been made, according to Mack.