FBI RAID!

FLASH!!

CONFIRMED FBI RAID ON CRISP AND COLE!!!!

UPDATE#5:

Some video from tonights news:

From KBAK TV 29

From the Bakersfield Californian

From KGET.com

From KGET.com

From KERO TV 23


UPDATE #4:

Bakersfield.com
The home of Crisp’s mother, Tu Crisp, at 12716 Crown Crest, was also searched by FBI agents. And at around 11 a.m. Wednesday, two men were seen being led from the home in handcuffs and into a Bakersfield Police Department vehicle.Spokesman Steve Dupre also said agents were searching the home of Crisp's in-laws, Kevin and Leslie Sluga, who live at 12403 Crown Crest Drive




UPDATE #3:

Sources state the following agencies issued 13 search warrants and the locations were raided by FBI, IRS, DRE, Bakersfield Police and Kern County Sheriffs.



UPDATE #2:

I just left the scene and several locations. WOW!!

Bakersfield Californian:

Federal agents served search warrants on several homes and businesses connected to real estate agents David Crisp and Carl Cole early Wednesday morning.

Californian reporters at Cole’s offices on Gosford Avenue and White Lane tried to talk with employees who were outside dealing with customers while agents were inside the offices. But employees refused to talk about the situation.

FBI agents were visiting 13 locations Wednesday morning and were seizing documents, according to Steve Dupre, special agent and spokesman of the Sacramento division of the FBI.

UPDATE #1:

KGET.com:

FBI agents and other federal authorities were searching the home and offices of real estate agent David Crisp and his family and associates Wednesday morning.

KGET's Jim Scott and Kiyoshi Tomono, who are on the scene, said dozens of agents and technicians are inside the gates of the Grand Island neighborhood at Seven Oaks in Southwest Bakersfield. Agents are at 13 sites, including the office of a real estate appraisal company, the FBI said.

Seven Oaks is, perhaps, Bakersfield's most prestigious neighborhood, and Grand Island is one of the most exclusive parts of Seven Oaks. Houses are priced at $2 million or $3 million or more.
Agents also were at Crisp's home in an even more exclusive gated community, across Buena Vista Road, in the 10500 block of New Quay Court, near the Seven Oaks clubhouse. They were at the Crisp and Associates office in the Town and Country shopping center.

The raids began at about 8 a.m. KGET crews said authorities appeared to be conducting a search. No arrests were seen.

On Monday, the California Department of Real Estate issued a formal accusation that Crisp and his former partner, Carl Cole, deceived mortgage companies to secure huge loans on luxury homes in the Seven Oaks area.