Federal authorities have charged three men in connection with a kidnapping conspiracy that took place in Danbury, Connecticut, in August 2024. The superseding indictment was announced by David X. Sullivan, United States Attorney for the District of Connecticut, along with officials from the FBI and the Danbury Police Department.
The indictment names James Schwab, 22, of Peachtree Corners, Georgia; Adam Iza, 25, of California; and Saif Faiq, 22, of St. Louis, Missouri. All three face charges of conspiracy to commit kidnapping and conspiracy to interfere with commerce by robbery.
According to court documents and statements made in court, on August 25, 2024, six Florida men were arrested by Danbury Police following a violent carjacking involving a Lamborghini Urus and the kidnapping of its two occupants. Authorities believe the victims are parents of an individual suspected in a major cryptocurrency theft.
Investigators allege that Schwab had an altercation with the victims’ son at a Miami nightclub in July 2024 and later communicated regularly with some of the kidnappers prior to the crime. He is accused of providing funding and helping arrange transportation and lodging for participants. Iza allegedly directed logistics via cellphone and encrypted messaging apps while also providing financial support. Faiq is accused of recruiting participants for the crime, traveling to Connecticut for the planned home invasion and kidnapping, coordinating with Iza, and assisting with surveillance on the victims.
Schwab was arrested on January 29, 2025, on a federal criminal complaint and is currently released on a $1.5 million secured bond pending trial. Faiq was arrested on November 12, 2025; he remains detained pending arraignment in Connecticut. Iza has been detained since September 24, 2024 after being charged in California with unrelated federal offenses.
If convicted of conspiracy to commit kidnapping, each defendant faces up to life imprisonment; conspiracy to interfere with commerce by robbery carries up to twenty years.
Six other individuals involved in related offenses have pleaded guilty.
“U.S. Attorney Sullivan stressed that an indictment is not evidence of guilt. Charges are only allegations, and each defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt.”
The investigation involves multiple law enforcement agencies including FBI offices in New Haven, Los Angeles and St. Louis as well as local police departments from Connecticut State Police through the FBI Violent Crimes Task Force. Assistant U.S. Attorney Karen L. Peck is prosecuting the case.
“U.S. Attorney Sullivan thanked the U.S. Attorney’s Office for the Central District of California, the U.S. Attorney’s Office for the Eastern District of Missouri, and the State’s Attorney’s Office for the Judicial District of Danbury for their assistance in the investigation and prosecution of this matter.”
