Rich Kids Are Foiling Their Parents Fraud Schemes By Posting On Instagram

Rich kids don't have to worry about much in life, and this lack of care is exactly what makes them become careless.

Carelessness may lead to accidents or messes to clean up, but careless criminals end up doing hard time or worse, so it's best anyone involved in illegal activity stay on their toes.

But what's a wealthy criminal to do when their kids are the ones who end up incriminating them via social media?

Posting to social media sites is a great way for rich kids to ruin their parents' lives by inadvertantly exposing their fraud schemes with flashy photos, as seen on the Instagram account richkidsofinstagram.

Investigators are using photos posted by rich kids to social media sites like Instagram to uncover hidden assets, shady business dealings and all the other criminal ways their parents are raking in the dough then lying about it.

Nowadays leading cybersecurity firms use posts and pics from social media in "75% of their litigation cases", because those little snobs are handing investigators all the evidence they need:

Another cybersecurity expert explained to The Guardian his firm recently was able to seize a "newly acquired private jet" by a fraudster because his son posted a picture of him and his father in front of the jet to Instagram. Similarly, K2 Intelligence in London solved a recovery asset case when a man who claimed to have no significant valuables let his children post pictures on their $25 million yacht in the Bahamas.

Read Rich Kids On Instagram Are Revealing Their Parents' Shadiness To Investigators here


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