http://www.kpho.com/news/15430106/detail.htmlFeds raid Gilbert business for fraud, money laundering
Reported by: ABC15.com staff
Last Update: 12:23 pm
A Gilbert business was raided by federal officials Wednesday on suspicion of fraud and money laundering.
Officials say Calvary Gun Manufacturing was the target of the search and seizure warrant.
The business is near Copper and Guadalupe roads.
It’s unclear what officers from the Bureau of Alcohol, Tobacco and Firearms took from the business or if anyone was arrested.
GILBERT, Ariz. -- Federal agents raided an east Valley gun manufacturing warehouse and confiscated at least 1,000 firearms.
The seizure took place at Cavalry Arms Corporation near Cooper and Guadalupe roads.
ATF agents seized box after box of shoulder-fired rifles and hundreds of stocks, barrels and scopes in connection with an investigation into federal firearms violations at the facility.
"There's got to be something going on or they wouldn't be here," said Brandon Hepworth, who works nearby.
The ATF and the U.S. Attorney's Office refused to comment on why authorities served a search warrant at the warehouse.
The owner of the company has not been arrested. Those who work nearby say they believe he is a reputable licensed gun dealer.
"He's a nice guy, friendly," Hepworth said. "I never asked him the particulars of what he was doing."
Stacks of high-powered firearms were placed on tables for the media to view.
It's still not clear if the nature of the investigation is as serious as the evidence implies.
CBS 5 News tried reaching the owner of the company for comment to no avail.
I wonder if the truth will ever get out, something just smells fishy about the whole thing!
The ATF needs to be a investigative force not a law enforcement force...period
Just like the IRS...they have their own set of laws...we have ours
This guys makes one HECK of a valid point
http://redstradingpost.blogspot.com/200 ... erfor.html
Tell me there ain't a war on our guns going on!ATF raids Firearms Manufacturer...for suspicions of fraud and money laundering
The BATFE raided firearms manufacturer Cavalry Arms for suspicion of fraud and money laundering, they also "took hundreds of guns from the scene, including AK-47s, assault weapons and high powered rifles." Here are my 2 big questions:
1. When did the Bureau of Alcohol, Tobacco, Firearms and Explosives begin to start regulating fraud and money laundering?
2. Even if they did why would they need to seize their firearms?
One firearms manufacturer told me of a similar situation where the ATF seized firearms and computers for 15 months, finally when it was all said and done they sent them a nice little letter stating that they didn't find anything and apologized for the inconvenience.
Congressman Phil Gingrey made the following statement that sheds light on what is happening with firearms manufacturers.
"Since 2002, 85 percent of American firearm manufacturers have been forced to close their doors. Let me repeat that, Mr. Chairman. Since 2002, 85 percent of American firearm manufacturers have been forced to close their doors."