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Judge recommends Paul Ceglia’s Facebook ownership claims be thrown out

151-page report presents “clear and convincing evidence” of Ceglia’s fraud

Yesterday U.S. Magistrate Judge Leslie G. Foschio issued a report in which she recommended that Paul Ceglia’s claims that he and Mark Zuckerberg are co-owners of Facebook be thrown out, because the evidence he’s based his lawsuit on is fraudulent. Do you think they’ll make a movie about this too?

In October 2012, authorities arrested Ceglia and charged him with fraud for allegedly manufacturing a contract signed by himself and Zuckerberg, in which he gave Zuckerberg money for a project called “The Face Book,” in exchange for shares in the company.

Foschio’s 151-page report presents “clear and convincing evidence” that Ceglia forged the contract,  manufactured emails between himself and Zuckerberg and destroyed evidence. Foschio rejected Ceglia’s request to have the case heard by a jury, dubbing his argument that Zuckerberg hacked into his computer to plant evidence “beyond absurd.”

Ceglia is facing one count of mail fraud and one count of wire fraud, each of which has a 20-year maximum sentence.

Read more at Bloomberg.


For more fraud stories on InsideCounsel, see below:

Law firm that was victimized by check scam is entitled to coverage for its loss because policy was “ambiguous”

SEC’s fraud enforcement will likely slow down

5 ways to protect your company from discount fraud

Health care fraud probe pays off: U.S. recovers billions


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