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U.S. agents search congressman's home

SAN DIEGO, July 1 (UPI) -- Federal agents searched the San Diego-area home of Rep. Randy "Duke" Cunningham, R-Calif., and the Washington, D.C., offices of a defense contractor Friday.

A task force made up of agents from the FBI, the Internal Revenue Service, the Defense Criminal Investigation Service and the U.S. Attorney's offices in San Diego and Washington also searched the boat Cunningham has lived on for much of the past year at Washington's Capitol Yacht Club.

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The Capitol Hill newspaper Roll Call reported agents hauled several boxes of documents away from the boat, the "Duke-Stir."

Cunningham has been subpoenaed by a federal grand jury for a potentially illegal financial relationship with defense contractor Mitchell Wade, whose company, MZM, received millions of dollars in federal contracts after Wade bought Cunningham's former San Diego-area home in October 2003. Wade paid $1.675 million for the home, then sold it for a loss of $700,000, the San Diego Union-Tribune reported.

Cunningham issued a statement last week saying he used poor judgment on the real estate transaction, but denying he has done anything to steer defense contracts to MZM.

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