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ltiple messages seeking comment in connection to reports of the raid at a Jonathen Street residence occupied by Kenneth Wright, his estranged wife and three children. In a statement to FoxNews.com, Education Department Press Secretary Justin Hamilton confirmed that its Office of Inspector General executed the warrant with the presence of local law enforcement authorities. "While it was reported in local media that the search was related to a defaulted student loan, that is incorrect," the statement read. "This is related to a criminal investigation. The Inspector General's Office does not execute search warrants for late loan payments." Hamilton declined to comment on the specifics of the case, citing an ongoing investigation. "We can say that the OIG's office conducts about 30-35 search warrants a year on issues such as bribery, fraud, and embezzlement of federal student aid funds," the statement continued. Hamilton referred all further inquiries to DOE's Office of Inspector General. Catherine Grant, OIG's spokeswoman, declined to provide a copy of the warrant served on Tuesday. Wright, who could not be reached for comment on Wednesday, told ABC News 10/KXTV he does not have a criminal record and had no reason to believe what he thought was a SWAT team would be breaking down his door before dawn. But according to a federal search warrant provided to the station by Wright, the Wrights are being investigated for alleged financial aid fraud. The search allowed for the seizure of any student financial aid documents, W2 forms and electronic communications. During the early morning raid, Wright said he saw more than a dozen law enforcement officials as he came downstairs wearing only underwear. "I look out of my window and I see 15 police officers," Wright told the station. Wright said he came downstairs wearing only underwear as the officers barged through his front door. An officer then grabbed him by the neck and led him outside to the front lawn. "He had his knee on my back and I had no idea why they were there," Wright continued. Wright claims the officers also awakened his three children -- ages 3, 7 and 11 -- and placed him in a Stockon Police Department patrol car for hours as they began the search. "They put me in handcuffs in that