A federal search warrant was executed on Wednesday at 1499 Anne St. N.W. as part of an ongoing federal investigation, confirmed FBI Special Agent Paul McCabe.
The search warrant was executed at the offices of Sparby Financial/Realty Executives/The Producer Group L.L.C./Action Appraisal/Trust Mortgage L.L.C., McCabe said.
McCabe said the federal search warrant was part of an ongoing investigation and he could not comment further.
The FBI was assisted by the Beltrami County Sheriff's Office and Minnesota Bureau of Criminal Apprehension.