The Straits Times
www.straitstimes.com
Published on Oct 26, 2012
 

Man accused of trying to cheat Facebook

 
 

NEW YORK (AP) - A man has been charged in what authorities call a multibillion-dollar scheme to defraud Facebook Inc. and its chief executive, Mark Zuckerberg.

Paul Ceglia was arrested today at his Wellsville, New York, home.

He was scheduled to appear in federal court in Buffalo on Friday afternoon. Federal prosecutors in Manhattan say Ceglia fabricated and destroyed evidence for a lawsuit that falsely claimed he had been promised a 50 per cent share in Facebook.

Manhattan U.S. Attorney Preet Bharara said Ceglia was seeking a "quick payday based on a blatant forgery."