One Man’s Quest to the Facebook Fortune

As Paul Ceglia sees it, the social media empire that is Facebook pretty much belongs to him.

For those who are not aware, Ceglia has been waging a legal war against the man most people recognize as the head of Facebook, Mark Zuckenberg. According to Ceglia, he, in fact, owns 85 percent of the company.

Now, several media sources are reporting that Ceglia has uprooted his family and himself from their New York home and moved to Galway, Ireland (Ceglia lived in Ireland for six years), citing too much attention and pressure living in the States. The move comes despite a scheduled court appearance from the man who claims to have been slandered by Zuckenberg.

So, is Ceglia’s U.S. departure really in the best interests of him and his family, or is to run away from a somewhat checkered past that has been receiving more scrutiny as of late?

As a little research of Ceglia shows, his past includes pleading guilty to possessing 400 grams of a controlled substance, and being charged (with his wife) on one count first-degree scheme to defraud and 12 counts of fourth-degree grand larceny in November 2009, as owners of Allegany Pellets LLC.

The Claim to Facebook

According to Ceglia, he met Zuckerberg in 2003, after posting a Craigslist ad looking for assistance with his Web site, StreetFax.

Ceglia proceeded to file a lawsuit against Zuckenberg, who oversees the social media leader and is reportedly worth $13.5 billion, claiming he and Zuckerberg came to an agreement in April of 2003 with a fee of $1,000 that entitled Ceglia half of the Web site’s revenue, along with an additional 1 percent interest in the business per day after Jan. 1, 2004 (if Zuckerberg was slow to unveil the site), until Web site completion.

Ceglia’s lawsuit efforts have proven a rollercoaster ride; with the law firm representing him withdrawing from the case in June of this year (Ceglia retained new legal representation, with Edelson McGuire, withdrawing a month later).

In making this case seem like something out of an Alfred Hitchcock movie, Ceglia claims that Zuckenberg has tried on numerous attempts to slander him, along with playing tricks with his family.

In an email to Ceglia’s hometown publication the Wellsville (N.Y.) Daily Reporter, he wrote he’s had to deal with “Waking up to discover people hiding in a back field with binoculars, to being followed day-in and day-out by these guys, to coming home and finding a back window open that I know I personally locked causes what I can only say borders on paranoia and I refuse to let the bad guys win through intimidation tactics.”

Facebook Fights Back

For its part, Facebook’s legal team has claimed that Ceglia’s contract was forged and that he is nothing more than an “inveterate scam artist.”

Facebook noted recently in a court filing that it had discovered a “smoking gun,” providing evidence that Ceglia’s claim to part ownership in Facebook is a scam.

Additional motions in the case are slated for Aug. 17 in Buffalo.

Meantime, is it safe to assume Ceglia will not be jetting back across the pond for the next court date?

If he doesn’t, maybe he will share his next move on Facebook?

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About Business.com

Dave Thomas, who writes on subjects such as home security systems and home phone systems writes extensively for San Diego-based Business.com.
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7 Responses to One Man’s Quest to the Facebook Fortune

  1. James says:

    Wow. i had no idea this was going on. Believe it or not I do *not* live under a rock!. i don’t, however, use Facebook (for business or pleasure). I’d be interested to see how this pans out though – Google ownership was clear from the start, right down to filing of patents on things like the PageRank algorithm. It’s a shame the founders of FB didn’t see fit to do similar.

  2. joe says:

    Haha.. that’s a very funny question the fact that he is claiming to be the owner of facebook then using facebook as if some other normal subscriber.. Give it up Ceglia.. you’re making us all laugh at you.. tsk tsk tsk..
    joe recently blogged..Muscle Massage Tools updated Thu Aug 4 2011 9:17 am CDT

  3. Facebook have people throwing stones at them everyday. Its the price you pay of being well known.

    “Black Seo Guy “Signing Off”
    TrafficColeman recently blogged..How To Make Money In College Without Getting a Job

  4. Mark says:

    Wouldn’t that be something if it turned out to be true and Zuckerberg had to give away half of his fortune. Man, that would be MAJOR news. Could you imagine?

    Mark
    Mark recently blogged..Black Hat Ways To Add Value To A Blog

  5. Sally Brown says:

    Great research article! You fill in the blanks for those of us who aren’t as close a followers of this craziness about Facebook ownership. Sally
    Sally Brown recently blogged..Dr. Suess – 6 Things Bloggers Can Learn!

  6. Danny says:

    Can you blame him for trying? It’s a lot of money.
    But can you blame him for trying in such a bad and ridiculous way? Yes.
    This guy is just crazy. And if he gets anything out of this then the American court is crazy as well. But we know it is, at least I do. So you never know how this will end.
    But my money is on zuckerberg…not that he needs it.

    Nice article Dave, it felt a bit like a novel :)
    Danny recently blogged..Black & Decker NPP2018 18-Volt Cordless Electric Pole Chain Saw (dofollow)

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