A number of local law enforcement agencies are currently assisting the Federal Bureau of Investigations in the execution of search warrants of Calvin Walker of Walker's Electric located in Beaumont.
The Examiner first broke the news of the FBI's investigation into Walker over a year ago.
The search began around 7 a.m. Tuesday. Agents with the FBI are currently seizing documents inside Walker's home and office on Roland Road in Beaumont. Walker is under investigation for his dealings with the Beaumont Independent School District's $388.6 million bond issue. Additional warrants are expected to be executed throughout the day.
The Examiner will update this story as more information becomes available.