Man Arrested for Fraudulent Lawsuit Over Facebook Stake

The disputes and drama over the founding of Facebook have led to acrimonious lawsuits, rich settlements and even a major movie, but on Friday for the first time they also caused an arrest.

Federal agents arrested 39-year-old Paul Ceglia at his home in Wellsville, N.Y, this morning and charged him with trying to defraud Zuckerberg and Facebook in a multi-billion scheme that involved filing a bogus lawsuit that claimed Ceglia had once been promised a 50% stake in Facebook.

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