LOS ANGELES -- Signaling the launch of criminal probes into the Orange County, Calif., financial crisis, county district attorney Michael R. Capizzi served search warrants Monday on the offices of the county treasurer and the county auditor-controller.

A team of 30 investigators worked into the evening, loading two vans full of documents and computers seized from the offices -- some of which were sealed off with yellow crimescene tape.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.