
Three men were arrested at their homes Tuesday and charged with bilking an investor, dangling special access to Facebook shares prior to the social network’s initial public offering as bait.

Three men were arrested at their homes Tuesday and charged with bilking an investor, dangling special access to Facebook shares prior to the social network’s initial public offering as bait.
Lisa Raphael (left), the social media producer at Katie Couric's daytime talk show Katie, is one of our featured speakers in Mediabistro's upcoming Social Media Marketing Boot Camp, an online event and workshop starting June 6, 2013. Lisa will share a case study on how the hit show uses Twitter to build interest and buzz around upcoming segments. Learn more about our our twelve event speakers and register here. 
Facebook played a part in an operation led by the Federal Bureau of Investigation that resulted in 10 arrests related to an international cyber-criminal network that was believed to have infected some 11 million computers and caused more than $850 million in total losses.

The latest example of Facebook users boasting about crimes they committed involves the 2012 presidential election, as a blog called Barracuda Brigade preserved an image of a since-deleted Facebook comment by a North Carolina man who claimed to have already voted for President Barack Obama four times, with a fifth on the way.

Once again, evidence was gathered on Facebook to thwart a would-be terrorist from executing his plans to bomb a major Wall Street landmark Wednesday. Terror suspect Quazi Mohammad Rezwanul Ahsan Nafis, who was arrested Wednesday in New York , allegedly used Facebook to discuss his plans to blow up the New York Federal Reserve Bank with a co-conspirator and an FBI informant with whom he sought guidance on his obligations under Islamic law.

If a certain federal agency has its way, three letters may be infiltrating Facebook in the near future, and they’re not “LOL.”

Some people just can’t seem to earn an honest living, and arch-spammer Sanford Wallace places high on that list, but Facebook and the FBI have won the latest round.

When 63-year-old Jerry L. Cannon received a 17.5 year sentence on Tuesday for using Facebook to solicit and distribute child pornography, he sobbed like a baby.

Under U.S. laws, neither Facebook nor the government has to inform a user when an account is being searched by law officials.