Welcome to The Home Equity Theft Reporter, a blog dedicated to informing the consumer public and the legal profession about Home Equity Theft issues. This blog will consist of information describing the various forms of Home Equity Theft and links to news reports & other informational sources from throughout the country about the victims of Home Equity Theft and what government authorities and others are doing about it.
Saturday, December 17, 2016
Homeowner Facing Foreclosure Intentionally Sets Of Home Explosion, Committing Suicide, Destroying Premises
In Spencer, Indiana, The Indianapolis Star reports:
A home explosion that killed an 84-year-old man, who was facing foreclosure, was not an accident, officials said [].
According to the Indiana Department of Homeland Security and the State Fire Marshal, the explosion was reported at 12:18 p.m. on Nov. 16 at a home located in [...] Spencer. Officials found the home destroyed and one victim inside. [...] Owen County Chief Deputy Coroner Lorna Dhom said his cause of death was trauma from the explosion’s shockwave, and his manner of death was ruled a suicide.
Investigators initially found evidence at the scene that indicated that gas line valve may have been tampered with, but the cause of the blast was undetermined because of the extensive damage.
Updated findings reveal that accelerants were found in several locations. The furnace was also missing a gas valve, and witnesses reported that [the homeowner] planned to blow up his house due to an impending foreclosure. A large number of gas cans were also seen in the garage and cardboard had been placed over foundation vents, officials said.
Debris was scattered 200 yards from the home, and the damage was estimated at $400,000.
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