Facebook says that contract stating Paul Ceglia owns 84% is fake

Facebook says the alleged contract web designer Paul Ceglia says he has that entitles him to an 84% ownership stake in the company is most likely a forgery. They point out that Ceglia has so far refused to produce an original copy of it for anyone, including the court, and that at the time the contract was supposedly signed by Mark Zuckerberg, Facebook didn’t exist in any form and there for it would have been impossible for him to give Ceglia an ownership claim in a non-existent company and that further more, the statue of limitations has expired.

Zuckerberg hired Ceglia back in 2003 to create a site called “The Face Book” which eventually evolved into today’s 500 million user strong social networking site. It’s not known why he waited so long to produce his claim and he has had no comment about Facebook’s statement.