Wellsville Man Could Own 85% of Facebook

Facebook owner or Big Fraud?

BELMONT – Paul D. Ceglia of Wellsville has filed a civil lawsuit against Mark Elliot Zuckerber and Facebook, Inc., and is seeking 85% ownership of the company according to the Wellsville Daily Reporter.

A conference call between Allegany Court Judge Thomas P. Brown and Ceglia’s attorney, Paul Argentieri of Hornell and Lisa T. Simpson of New York, representing Facebook, took place on Friday.

Judge Brown is the acting Allegany County State Supreme Court judge in the case. Court officials said Simpson would like to see the case heard in U.S. District Court for the Western District of New York in Buffalo, rather than Belmont in front of Acting Supreme Court Justice Brown.

While Judge Brown did not take action because of the “notice of intent” filed by Simpson to move the case, he did continue a temporary restraining order which prohibits Facebook from transfering assets while the case is going on.

Judge Brown previously signed an “order to show” cause prior to Friday for the civil case.

Court officials confirmed Ceglia is claiming because of a written contract with Zuckerberg, Ceglia is asking for a “declaratory judgement that defines ownership rights.” and he’s seeking 85 percent of ownership of Facebook. It has to do with the “formation of the entity,” court officials said.

Paul and his wife Iasia Ceglia were charged last year in a fraud scheme as the owners of Allegany Pellets, LLC. According to officials they allegedly defrauded customers of over $200,000 by taking pre-sale orders and never delivering.

They were both charged with 12 counts of fourth-degree grand larceny and one count of first-degree scheme to defraud.

Is it possible that Ceglia owns 85% of Facebook? or is this another ‘scheme’? I’m sure time will tell.