A Gilbert business was raided by federal officials Wednesday on suspicion of fraud and money laundering.
Officers from the Bureau of Alcohol, Tobacco and Firearms took hundreds of guns from the scene, including AK-47s, assault weapons and high powered rifles.
The number of weapons could top 1,000.
Officials say Cavalry Gun Manufacturing was the target of a search and seizure warrant.
The business is near Copper and Guadalupe roads.