time square bomber - FORECLOSURE FRAUD

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Times Square Bomb Suspect's Conn. Home Was in Foreclosure

Times Square Bomb Suspect's Conn. Home Was in Foreclosure


Updated 1:49 PM EDT, Tue, May 4, 2010

 

AP

The man accused in the car bomb scare in New York over the weekend defaulted on a $200,000 mortgage on his Shelton home and the property is in foreclosure, court records show.

The Associated Press has obtained records that show that Chase Home Finance LLC sued Faisal Shahzad in September to foreclose on the home.

On Tuesday morning, authorities were at the two-story grayish-brown Colonial, which looked as if it had been unoccupied for a while, with grass growing in the driveway and bags of garbage lying about.

The foreclosure records show Shahzad took out the mortgage on the property in 2004, and he co-owned the home with a woman named Huma Mian.

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