INDICTED: Self-Proclaimed Facebook Co-Owner Paul Ceglia Faces Charges Of Wire, Mail Fraud

By David Cohen 

The train of bad news for self-proclaimed Facebook co-owner Paul Ceglia kept rolling on, as a federal grand jury in New York voted to indict him on one count each of wire fraud and mail fraud, the same charges that led to his arrest last month.

Bloomberg reported that the indictment was released Monday by U.S. Attorney Preet Bharara, adding that each charge carries a maximum sentence of 20 years.

According to Bloomberg, Ceglia pleaded not guilty when the charges were brought up last month, and he is set to appear in federal court in Manhattan Wednesday.

Bloomberg said Ceglia’s attorney, Dean Boland, did not respond to a request for comment — not surprising, considering the fact that U.S. District Court for the Western District of New York Judge Leslie Foschio will hold a hearing Tuesday in Buffalo, N.Y., to consider Boland’s request to withdraw from Ceglia’s sputtering case against Facebook and Co-Founder and CEO Mark Zuckerberg.

Readers: How do you think the case against Ceglia will play out?