Agents in Miami arrested Malone Lam, 20, who has residences in Miami and L.A., according to a Justice Department statement. In California, the FBI arrested Jeandiel Serrano, 21. They are charged with conspiracy to commit wire fraud and conspiracy to launder money, according to the indictment.

FBI agents descended on a Miami home Wednesday night to serve warrants and search, authorities say. The FBI was “conducting court ordered law enforcement activity,” special agent Willie Creech said. Miami officers also were in the area of Northeast 83rd Street and North Bayshore Drive to assist the FBI,, said police spokeswoman Kiara Delva.

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Miami police said a few of their units were at the scene at NE 83rd Street and N Bayshore Drive for support purposes. The FBI was serving warrants in Miami Wednesday night. Miami police said a few of their units were at the scene at NE 83rd Street and N Bayshore Drive for support purposes.