Anyone following the ill-fated lawsuit filed against Facebook and its co-founder and CEO, Mark Zuckerberg, by Paul Ceglia, who claimed to be the co-owner of the social network until the alleged contract his case was based on was deemed a fraud, had to wonder what Ceglia’s lawyers were thinking when they agreed to represent him, especially in light of the fact that several lawyers dropped the case at one time or another. Facebook apparently wondered the same thing, as the company filed suit against several of Ceglia’s lawyers, including those from DLA Piper, claiming that those lawyers and firms knew Ceglia’s claims were bogus but pursued the case in hopes of reaching a large settlement.
The trial on fraud charges of Paul Ceglia, who allegedly forged a 2003 contract with Facebook co-founder and CEO Mark Zuckerberg, was postponed by six months from its originally scheduled start date of Nov. 17 after Ceglia hired yet another new lawyer, Reuters reported.
Facebook Co-Founder and CEO Mark Zuckerberg may soon come face to face with the man who claimed to be the co-owner of the social network, as Reuters reported that Zuckerberg will be called by the government to testify in its case against Paul Ceglia.
The bad news continues to roll in for self-proclaimed Facebook co-owner Paul Ceglia, as U.S. District Judge Richard J. Arcara ruled Tuesday to grant Facebook’s motion to dismiss Ceglia’s lawsuit against the social network and its co-founder and CEO, Mark Zuckerberg, following the ruling by U.S. District Judge Andrew L. Carter Jr. earlier this month that Cegila must stand trial on mail fraud and wire fraud charges against him for submitting fake evidence and emails and destroying real evidence in his suit against Facebook and Zuckerberg.
The news continues to get worse for self-proclaimed Facebook co-owner Paul Ceglia, as U.S. District Judge Andrew L. Carter Jr. rejected Ceglia’s bid to dismiss mail fraud and wire fraud charges against him for submitting fake evidence and emails and destroying real evidence in his lawsuit against Facebook and Co-Founder and CEO Mark Zuckerberg.
Everyone’s favorite “Facebook co-owner” is back in the news, as Paul Ceglia was indicted on wire fraud and mail fraud charges Monday by a federal grand jury in New York, The Steuben Courier Advocate reported, and he faces up to 20 years in prison.
Florida-based fund manager and former Oregon gubernatorial candidate Craig Berkman pleaded guilty Tuesday to defrauding investors by promising them access to nonexistent Facebook shares prior to the social network’s initial public offering in May 2012, Reuters reported.
The long-running saga of Paul Ceglia may finally be nearing its end, as U.S. District Court for the Western District of New York Judge Leslie Foschio recommended that the lawsuit in which Ceglia claims to own one-half of Facebook be dismissed.
Craig Berkman, a finance manager in Florida and former Oregon gubernatorial candidate, was hit with fraud charges by the Securities and Exchange Commission’s enforcement division over what regulators called a Ponzi-like scheme that promised but never delivered pre-initial public offering shares of Facebook and other companies.
In the latest installment of the ongoing saga of the man who claims to own one-half of Facebook, Paul Ceglia entered a plea of not guilty Wednesday on one count each of mail fraud and wire fraud related to a contract with Facebook Co-Founder and CEO Mark Zuckerberg that Ceglia allegedly doctored in an attempt to claim his Facebook stake.