Let's get a little philosophical here.
"You only live once, that's the way I see it. I'm not going to sit here living a mediocre lifestyle if I'm only going to be around once."
This isn't aimed at MGrunin directly, but to the whole #YOLO movement. If we only live once, then what — the corollary to that is we're dead forever. If death is eternal, why chase for scraps in life; because ultimately even the apex of accomplishment and success is nil compared to the infinity of never being again. Why strive?
What you're saying is upon reading publicly released information, you now know better than the market.
Apple sells record numbers of devices, oh great lets invest $20k. Stock price drops by nearly half...
Google that shit. "Facebook vs Martin Grunin digital commons law".
This was just filed, like a day ago? It looks like somebody read that one comment in this thread and decided to file this.
It also looks like they got copies of a thread that was in a private forum somewhere? Or maybe it was just old or something.
Anyway, this thread is wayyyy off topic now.
Probably was already in action. I doubt someone at FB would be reading this thread and use that to start a case. Although, I'm betting that Martin wishes that post wasn't in this thread now.
I'm sure they had some sort of file on him or something. But the amount they claim he owes them seems awfully close to the amount in that one comment. Maybe it's just a coincidence though, idk.
edit: actually it looks like they have an example of where he owes them 40k and then the 300k just seems to come from nowhere? I haven't read the whole thing though, just skimming it.
On or about February 21, 2013, an individual using the alias “Colan Neilson”
contacted a Facebook sales representative by email and claimed that “Neilson’s” employer,
Imprezzio Marketing, was expanding into the Canadian market and needed ten new advertising
accounts and a line of credit.
-8- COMPLAINT AND DEMAND FOR JURY TRIAL
40. Upon information and belief, Grunin sent the email that was purportedly from
“Colan Neilson.”
41. On or about March 7, 2013, Facebook began receiving emails from “Felix Ward,”
the purported President of Imprezzio Marketing. Facebook’s sales representative requested that
“Ward” have one of his U.S. colleagues contact Facebook.
42. Upon information and belief, Grunin sent the emails that were purportedly from
“Felix Ward.”
43. Soon thereafter, the same Facebook representative received an email purportedly
originating from “Joy Hawkins,” the Search Engine Optimization Director of Imprezzio
Marketing, using a joy@imprezziomarketing.com email address. The email stated: “Felix
requested that I send this email to you. He will contact you in the next 15 minutes.”
44. Upon information and belief, the real Joy Hawkins did not send this email to
Facebook. Instead, Grunin either hijacked Hawkins’s email account to send the email or
“spoofed” the “from” line of his email to make it appear that it was from Hawkins.
45. When Facebook requested supporting documentation to establish the credit,
Grunin sent falsified bank statements that purported to show Imprezzio Marketing’s finances.
46. Relying on “Ward’s” and “Neilson’s” representations, the email from “Joy
Hawkins,” and the bank statements, Facebook provided accounts and a credit line billed to
Imprezzio Marketing. Grunin then used the account to run at least $300,000 worth of ads that
violated Facebook’s Terms.
47. When Facebook contacted Imprezzio Marketing about the ads and charges,
Imprezzio Marketing’s representatives denied that the new accounts belonged to them and stated
that no one named “Felix Ward” worked at Imprezzio Marketing and that the bank statements
were falsified.
48. To date, Facebook has not been paid for the ads it served for the unauthorized
“Imprezzio Marketing” accounts.
They're not only asking for the $340,000, they want him to give up all the profits he made too..
An order requiring Grunin to account for and disgorge all profits derived byGrunin and his agents, employees, or persons acting on his behalf or in concert with him from hisunfair and unlawful conduct, as permitted by law.
He impersonated real companies, and produced fraudulent bank statements to setup credit lines with Facebook. He then ran up $340k in adspend, and didn't pay Facebook.
It's a pretty serious suit, entirely ignoring all of the civil stuff in there about Grunin violating Facebook's terms.
The buying and selling of Facebook ad accounts is a comparatively minor part of it.