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Man accused of trying to cheat Facebook

Oct 26 2012 21:00

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New York - A man has been charged in what authorities call a multibillion-dollar scheme to defraud Facebook and its chief executive, Mark Zuckerberg.

Paul Ceglia was arrested Friday 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 percent share in Facebook.

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

Prosecutors say Zuckerberg agreed in 2003 to perform programming work for Ceglia and his fax business when he was a Harvard University student.

It was not immediately clear who will represent Ceglia in court.

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