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U.S. Accuses Paul Ceglia of Defrauding Facebook

Published on October 26, 2012
by Reed Albergotti

A man who claimed he owned a major stake in Facebook was arrested on Friday and charged in what federal prosecutors described was a multi-billion dollar scheme to defraud the social network site and its founder Mark Zuckerberg.

Paul Ceglia allegedly “doctored, fabricated and destroyed evidence” to support his false claim that he was promised a 50 percent share in Facebook by Mr. Zuckerberg, according to a criminal complaint unsealed in Manhattan federal court on Friday.

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