+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Paul Ceglia, a man who sued Facebook for ownership of the company, has gone missing from his home

Mar 10, 2015, 19:38 IST

Paul Ceglia, a man who was arrested in 2012 for fraud relating to claims he owned 50% of Facebook, has disappeared from his home, Bloomberg reports.

Advertisement

Ceglia sued Mark Zuckerberg and Facebook in 2010, claiming he and Zuckerberg had signed a contract in 2003 that promised Ceglia half of a future social networking site.

Zuckerberg was a freshman at Harvard at the time, and Facebook didn't exist yet.

Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

A federal judge dismissed Ceglia's case last year, saying the contract he used as evidence had been doctored, as had other email correspondence Ceglia claimed to have had with Zuckerberg.

In 2012, Ceglia was arrested on charges of creating a "multi-billion-dollar scheme" to defraud Facebook. Ceglia lost two bids to dismiss the charges, and he was ordered to wear an electronic tracking bracelet.

Advertisement

Robert Ross Fog, Ceglia's lawyer, said the bracelet was discovered at Ceglia's home Monday. Ceglia himself was nowhere to be found.

"I don't know where he is," Fogg told Bloomberg. "I haven't got a clue."

Ceglia's trail is set to begin in May. If convicted, he could spend up to 40 years in prison, according to CNN Money.

Meanwhile, Facebook is suing the lawyers who represented Ceglia in his 2010 suit.

"The contract on which the lawsuit was based was an obvious forgery, rife with historical impossibilities and other red-flags for fraud," Facebook's complaint reads.

NOW WATCH: We Asked Kids What They Think About Facebook, And Mark Zuckerberg Should Be Worried

Please enable Javascript to watch this video
Next Article