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The brothers, who say they are innocent, are accused of having formed an organised criminal network in early 2021 in Romania, as well as in the US and Britain
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Facebook IPO could mean billions for California
Facebook’s public stock offering this week is projected to generate between $1.6 billion and $2.1 billion through mid-2013 for California’s budget as shareholders cash in their shares.
The nonpartisan Legislative Analyst’s Office on Tuesday increased the state’s revenue projection after the online social network raised the upper range of its initial stock price from $35 per share to $38.
The higher state revenue projection assumes voter approval of Gov. Jerry Brown’s tax-hike initiative in November.
The analyst’s report says Facebook is expected to drive one-fifth of the growth in California’s personal income this year.
CEO Mark Zuckerberg will make a significant contribution to the state’s finances. Department of Finance spokesman H.D. Palmer says California could receive $195 million when he exercises his option on 60 million shares.
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The charges against them include planning terrorist acts, fundraising for the Organisation, and concealing the source and destination of those funds
