Beat me to it!!
I haven't seen anything yet on criminal charges being filed, but what they are alleging is serious stuff.
Timeline of Marin Grunin's rags to Hundred thousandaire back down to dead broke and in debt (I can foresee the future..) story:
- Martin Grunin fakes bank statements and company infos to get 70 FB Ads accounts from FB.
- Poses as ad agency rep for multiple companies by spoofing their emails and fwd-ing numbers.
- Does so to extend the agencies' credit lines.
- Cloaks and spams the crap out of Facebook with the advertising agency accounts for adult dating offers, against FB's anti-affiliates policy (even though they officially solicited affiliates that bankrolled their entire first few years of advertising revenues prior to their IPO launch DIRECTLY from affiliates/advertisers they found specifically on this forum... but hey, that's another story for another time.)
- Facebook sends billing statements to the spoofed emails that Martin Grunin controls.
[NOTE: All of it could have stopped right here, and all he had to do was face likely being banned from Facebook for life, but at least he would have had the money to pay the bills.. but this when he decided, nahhh, I'm above the law and I deserve this money, plus I'm too smart to get caught.. Yeah, let's do this.. ]
-Martin Grunin responds back to Facebook's billing department with FALSIFIED bank statements on behalf of the companies.
- Facebook sends Martin Grunin a C&D to stop spamming ads, he agrees, but says zero fucks given and continues right on with it on the same day. (Proof -
oh look, he posted about it here back in 2011..
- Facebook attempts to bill the actual companies on record and is denied as they have no idea what Facebook is yammering on about, as the people whom they have been in touch with have never worked for their companies, nor have they ever really existed either.
- Martin Grunin Flips the burned Facebook Ad accounts to buyers/other affiliates for up to $30,000 each. [link]
- Facebook is pissed because no one is paying for the $350,000+ spent by those accounts...
And then the plot thickens.. in a weird way... as usual...
- Martin Grunin pretends to be a stock market winner winner chicken dinner.
- Makes claims that he has made all of this money STRICTLY from his hidden talents of picking winning stocks!
- Martin Grunin rents a Lamborghini and scuffs it up, but brags about it ON his Facebook so everyone can see what a fool he is for parking it in Brooklyn, on the street, overnight.
- Makes a VERY foolish bet with Jon Fisher (oh yeah, you're gonna be my slave bitch now dude!!)
- Creates threads about amazing stock picking skills hoping to show off and prove his LEGEND status claims!
- Wait for it... Wait for it....
- Fails to pick winners. Everything tanks.
- Waits a lil bit...
- Tries again with second thread.
- Fails harder.
- Apparently someone forgot to turn on his inner stock picking talents mechanism.
- No worries, begins to sell a service where YOU can PAY HIM for picking BAD stock tips for you to invest in!!
- DEAL OF THE CENTURY!!!!
- Creates account at EliteTrader forum to prep for epic live trading example to promote future forum.
- Fails REALLY REALLY hard by doing the opposite of everything he claimed he would not do when picking stocks.
- Has more experience than Harvard and Yale grads.
- Clearly has no experience at all at following his own investment advice.
- Gets sued by Facebook.
- Lives the baller life... with dad.. at home.. BUT HE HAS HIS OWN ROOM!!!
- May face bank fraud criminal charges too.
- Gets the fame he was looking for... in the NY Post labeled as a scammer.
- Lulz and some tears everywhere.
- Life goes on.
Lawsuit link:
http://www.scribd.com/doc/225609724/Facebook-v-Grunin