The charges include conspiracy to use a weapon of mass destruction, attempting an act of terrorism, transportation of an explosive.
The indictment alleged that Shahzad was trained in Pakistan by affiliates of Tehrik-i-Taliban. The prosecutors also claimed that he received the money for the attack from Pakistani militants.
If found guilty, the Pakistani-American could be in prison for life.
Shahzad was apprehended at John. F. Kennedy airport while trying to escape to Pakistan via Dubai on May 3 and has been cooperating with the federal authorities by providing them with information.
The father of two worked as a financial analyst in Connecticut where he lived with his wife.
Shahzad also allegedly planned to attack four other targets -Rockefeller Centre, a Grand Central Terminal, the World Financial Centre and the Connecticut headquarters of defence contractor Sikorsky.
Shahzad also allegedly received money from a man in Pakistan who is believed to be working for Tehrik-i-Taliban, according to prosecutors.
The suspect then used this money to buy the Nissan Pathfinder and a 9-millimetre Kel-Tec rifle, which was found inside his car at the airport on the day of his arrest.
The indictment states that on February 25, Shahzad allegedly received USD 5,000 in cash in Massachusetts from a “co-conspirator,” who’s identified only as “CC-1.”
The first round of money was followed by another USD 7,000 that was picked up in Long Island also allegedly from “CC-1.”
Three other Pakistani men were arrested in north-east U.S., last month, under suspicion of giving Shahzad money so far have not been criminally charged in connection with the terror plot because it appears they did not know how the money was to be used.
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