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Man Claiming to Own Facebook Gets Charged with Fraud

He claimed that he owned part of Facebook and asked for million and millions of dollars. Well that claim has now ended up with him being charged for fraud.

Paul Ceglia of Wellsville said Friday he believes Facebook is behind the criminal charges. Menlo Park, Calif.-based Facebook declined to respond to the allegations.

Federal prosecutors in Manhattan charged Ceglia last fall, saying he tried to swindle Facebook and founder Mark Zuckerberg out of part of the company by doctoring a 2003 contract. That contract is the basis of Ceglia’s 2010 civil suit.

Ceglia’s lawyer, Joseph Alioto, asked a judge in Buffalo on Friday to suspend the criminal case until the civil action is over, arguing it’s interfering with the suit. The judge reserved decision.

A magistrate judge’s recommendation that the civil case should be dismissed is pending

Pesach Lattin
Pesach Lattinhttp://www.adotat.com
Pesach "Pace" Lattin is one of the top experts in interactive advertising, affiliate marketing. Pesach Lattin is known for his dedication to ethics in marketing, and focus on compliance and fraud in the industry, and has written numerous articles for publications from MediaPost, ClickZ, ADOTAS and his own blogs.

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