Woman caught selling fake Facebook shares in Wisc.
The Facebook IPO, unlike Facebook itself, isn’t for everyone.
No, despite everyone knowing about the social network’s public offering, some aren’t aware bits of Facebook won’t actually be for sale until the spring.
That’s a dangerous combo, then, considering one woman’s recently been going around selling what she claims is Facebook stock.
According to Fox 11, a woman has been defrauding investors out of thousands in Wisconsin, trading alleged shares of the social network in exchange for cash and labour.
Cops say the woman, 46, duped a construction worker that did renovations on her house into taking Facebook stock as payment – to the tune of $18,000.
“I (thought it was) a great opportunity,” the scammed worker said later. “It’s a growing business, so on and so forth.”
In all, the woman was able to con the construction worker out of the $18,000 for renovations as well as a further $10,000 she convinced him to buy in cash.
No reports on the story described how the “stock” changed hands, whether there were forged documents or promises of delivery or what.
“I’m interested in my options and investments so you don’t have to work as hard and make it a lot easier … for my kids and family,” the worker admitted.
Police say the woman may have scammed other victims with the promise of Facebook shares, too.