Diddy's Los Angeles and Miami Homes Raided by Federal Law Enforcement

Play video content TMZ.com1:29 PM PT -- Law enforcement sources tell TMZ this case is being handled out of the Southern District of New York. Diddy is in the crosshairs of law enforcement on both coasts of America -- as federal agents have descended on his Beverly Hills home. There are helicopters overhead and local law enforcement is also present, although we're told Homeland Security is the lead agency. There are law enforcement walking through the house with guns drawn and there are people being questioned in the front of the house. Law enforcement sources tell TMZ his home on the East Coast is also being raided ... we're told the home is in Miami.