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Fake Facebook Stock Plot Alleged

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    NEWSLETTERS

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    An allegedly false relationship between one woman's daughter and Facebook CEO Mark Zuckerberg may have been leveraged to induce people to buy fake stock in the company.

    The first alleged (and publicized) Facebook-stock fraud is from ... Wisconsin. A woman there sold fake stock certificates, according to the complaint, and even paid a housing contractor in false Facebook equity.

    Marianne Olesen began peddling imposter stock over a four-month period, Reuters reports, but was called out when Facebook went legit with its Wednesday IPO filing.

    Olesen leveraged a fictitious relationship between her daughter and Mark Zuckerberg to bait the hook, according to the filing.

    Facebook could net between $5 and $10 billion at the end of its quiet periodin a couple of months. Olesen could net some jail time for the $76,880 she allegedly swindled from various victims.

    One of those purportedly taken for a ride was a contractor that worked on Olesen's home. She paid the man with $13,980 in fake Facebook stock. He then paid for another $10,000 of Olsen's offerings, according to the complaint.

    Another man, 66 and with a vision impairment, gave Olesen four checks totaling $43,000, according to an Oshkosh district attorney.