Man Claims He Owns Half of Facebook – Case Pending in Court

The National Editor

by - | 7 days ago
The National Editor
Comments [ 0 ]

12 Nov

The National Rating

Man Claims He Owns Half of Facebook – Case Pending in Court

Average User's Rating

1 Star2 Stars3 Stars4 Stars5 Stars
1 User reviews
Loading ... Loading ...

Paul Ceglia, the guy who made claims suggesting that he owns half of Facebook, is having a hard time proving it in court these days. As if the courts didn’t have enough cases to deal with already, Ceglia, suspected of fraudulent activities and false accusations against Mark Zuckerberg, is most likely to end up in jail.

What’s the Deal with Paul Ceglia and Mark Zuckerberg?

They say when you have a billion dollars; everyone wants a piece of it. In case of Paul Ceglia, the story says that this man hired Mark Zuckerberg way back in 2003. It was a Craigslist Ad for hiring a freelance programmer, which Zuckerberg took notice of. Ceglia says that after hiring Zuckerberg, he paid him $1,000 for “programming” one of his projects to life.

Last month Paul Ceglia was arrested on fraud charges followed by intense court proceedings related to his recent Facebook dilemma. After posting a $250,000 bond and getting out of jail, Ceglia is still adamant on seeking “justice” against Facebook founder.

When the investigation concerning this case began, the U.S. Magistrate Judge Leslie Foschio ordered Ceglia to hand over his hard evidence to Facebook for review. After going through those files, Facebook either categorized the evidence as “trash” or “waste paper” material. Paul Ceglia’s lawyers suggest that he made copies of the evidence in a grocery store to back up his claims against the biggest online social media platform.

Facebook says that Paul’s accusations are not solid, as most of the material is either cryptic or evasive. As of June 30, 2010, followed by Judge Leslie Foschio’s orders, the evidence submitted by Ceglia, against Facebook has been thoroughly examined and destroyed.

How Did the Dispute Begin?

Paul Ceglia claims that he paid $1,000 to Zuckerberg in 2003 for work done on a project called: StreetFax. Followed by their acquaintance, Ceglia alleges that he then invested $1,000 in ‘The Face Book’ project when Zuckerberg was busy looking for investors during those days. Therefore, as an “investor”, Ceglia is liable to claim 50% of Facebook profit / interest.

If proven guilty, Ceglia faces more than 35 years in jail. The trouble won’t stop here since he will also have to pay a heavy fine for forging documents and so-called contract agreements which supposedly hold him and Zuckerberg bound to a 50-50 partnership.

Judge Foschio has given exactly 10 days to both sides for evidence and affidavits submissions. 

This entry was posted on Monday, November 12th, 2012 at 10:31 AM and is filed under Latest News, National News. You can follow any responses to this entry through the RSS 2.0 feed.

The National Editor

About The National Editor

Writer, tech buff, ranter, artist, mankind's last hope! Known by many titular titles; 'The National' editor is rumored to be the jack of all trades. In his spare time, he loves to take long walks, indulge in excruciating workouts at gym, and help his fellow community members around.

Join the Conversation

Log In or Create an Account to post a comment, or quickly Sign In with

Top Categories

Top Reviews

National TV

GoPro HERO3 Black Edition – World’s Most Versatile Camera

Top Headlines

Archives