How to reset a Iphone 4 Verizon A1349

[Digichaos]

i recently found a iPhone 4 verizon with no sim card ...and iliked it ...but its old and need some updates ....at the moment that i click on updates the phone ask me for dhe app store pasw of the old user that losted this ....how can i reset the phone and use it normally how i want ....its an old version of IOS 5.1.1
.....
thnx

 

[COLGeek]

Contact Verizon for help. We can't help you bypass security measures on a "lost" phone. We have no means to verify ownership.

 

[Alabalcho]

If you found it (or bought it for $50) on the street, it is not yours - it belongs to the person who lost it.
If the rightful owner reported it stolen / lost, you won't be able to reactivate it on Verizon.