PREVIEW

The raids happened at the rapper's LA and Miami properties at exactly the same time on Monday afternoon. Diddy's sons Justin, 30, and King, 25, were seen outside the house wearing handcuffs. Federal agents reportedly walked around the house with guns, questioning people, according to TMZ. "Earlier today, Homeland Security Investigations (HSI) New York executed law enforcement actions as part of an ongoing investigation, with assistance from HSI Los Angeles, HSI Miami, and our local law enforcement partners. We will provide further information as it becomes available." confirmed a Homeland Security rep.