Scams

by Mike Masnick


Filed Under:
equity, mark zuckerberg, ownership, paul ceglia, scam

Companies:
facebook



Facebook, Once Again, Says That Ceglia's Claim To Own 84% Of Facebook Is A Fraud

from the strong-words dept

Back in April, when Paul Ceglia refiled his lawsuit claiming to have a contract which gave him a huge chunk (up to 84%) of Facebook, some people pointed out that the refiled lawsuit sounded a lot more credible. There was additional email evidence and (mainly) the fact that a huge, extremely reputable law firm had taken on Ceglia as a client -- something they likely wouldn't do if they thought the whole thing was faked. However, Facebook is sticking to its claim that the whole thing is an elaborate fraud by "an inveterate scam artist whose misconduct extends across decades and borders." The response claims that the evidence was doctored or fabricated. It seems like this case is going to end up being a lot more interesting to watch than the Winklevii case. Someone alert Aaron Sorkin to the sequel possibilities...

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  1. identicon
    Anonymous Coward, 27 May 2011 @ 5:31am

    Can someone with more knowledge than me explain about financing rounds where you have to buy in more or have your shares diminished. There have been multiple investment rounds and I don't think he participated so he owns 84% of a $1000 chunk of the business?

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