1. Ceglia Files Fraudulent Claim for 50 Percent Stake in Facebook
... , a resident of upstate New York who claimed that he is rightfully owed 50% of Facebook, on October 26th. Ceglia first filed claims in July 2010 in New York citing that he had hired Facebook's founder, Mark Zuckerberg, to build a website similar to Facebook in return for half of the company. Ceglia was charged with perpetuating a "multi-billion-dollar scheme" to defraud the ... they believed the case was a fraud. Because they were notified beforehand, DLA Piper and Lippes Mathias may face charges for knowingly pursuing a fraudulent case (Lattman). "Ceglia used the federal court system to...
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- Grade Level: Undergraduate