This is the American Greed podcast presented by CNBC. I'm Stacey Keach.

In this episode of American Greed, in upstate New York, Paul Seglia claims to own half of Facebook and says he's got the contract to prove it.

Now that Facebook was worth billions, he was going to go after some of that money.

Mark Zuckerberg's signature is on the contract. It just kind of gave you goosebumps.

But when Seglia heads to court to take on Zuckerberg, he ends up in handcuffs accused of fraud.

It's a huge situation involving very, very powerful people, trying to put Mr. Siglia in a vice and crush him.

Whether he's a little guy speaking truth to power or just a brazen con man, one thing is clear.

Paul Seglia has disappeared. Paul comes up with this crazy scheme to show movement to be able to escape.

The Three thousand miles from Silicon Valley in the hills of western New York, a man named Paul

Seglia fancies himself a high-tech visionary. He claims to be the rightful owner of half of Facebook,

thanks to a gamble he took back in 2003 on its young unknown founder, Mark Zuckerberg.

Now the company is worth hundreds of billions of dollars.

There are more active Facebook users than people in China.

But to become a billionaire himself, Paul Seglia will have to do battle with Mark Zuckerberg.

Seglia grows up in Wellsville, a town of about 5,000 people.

John Anderson is the regional editor for Wellsville Daily Reporter.

This is the Wellsville High School class of 91 senior yearbook.

Every yearbook has a senior poll, most respected, most likely become president.

And Paul Segulea was named Most Corrupt. A lot of his high school friends were saying he

always had some kind of a scheme going or some kind of a make money quick business idea. And that was

kind of his, his MO. Paul Segalia goes from corrupt kid to full-on felon at 24.

When he pleads guilty to possessing Silo Cibon, also known as magic mushrooms, Segalia spends

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