Rich kids of Instagram are revealing their parents' dodgy dealings to investigators

Authored by gq-magazine.co.uk and submitted by slipperycustomer
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Shots shared on social media of vintage Veuve Cliquot, private jets and brand new Bugattis could be the undoing of the uber-wealthy. Evidence taken from social media accounts is now used in up to 75% of litigation cases, according to leading cybersecurity firms - many images having been taken from the Instagram and Twitter accounts of the multi-millionaires' offspring.

Oisín Fouere, managing director of K2 Intelligence, has described social media as their “first port of call” for an increasing frequency of billionaire asset disputes, according to The Guardian.

Andrew Beckett, managing director of cybersecurity and investigations at Kroll, detailed the investigation of a divorce case in which a millionaire claimed not to have the $30 million he was ordered to pay.

“We monitored social media, particularly for his children, who were in their 20s, and found a lot of posts from the same geo-tagged sites,” said Beckett. “Cross-referencing that with land registry and other similar bodies overseas, we found half a dozen properties that were registered in the name of this person.

“We were able to go to the court with a list of assets that we conservatively estimated at $60m, which the court then seized until he settled the amount that had been ordered.”

And it's not just the kids - supposedly bankrupt rapper 50 Cent was forced to explain to the court the circumstances a photo posted on Instagram, featuring himself and stacks of $100 bills that spelled out the word “broke".

Man this lunch money,I gotta go to work I'm still up, no Sleep at all. NEW MUSIC this week,Off The KANAN tape. #EFFENVODKA #FRIGO #SMSAUDIO A post shared by 50 Cent (@50cent) on Oct 14, 2015 at 3:17am PDT

Channel 4 documentary The Rich Kids of Instagram is available online via All 4

ballseniormouth on April 4th, 2017 at 16:26 UTC »

Work in a law enforcement agency... we have an entire unit dedicated to monitoring and surveilling the social media accounts of known offenders and it has led to the apprehension of an untold number of fugitives and provided incriminating evidence to prosecute even more individuals... people seriously have no idea

Edit: everyone here has to promise not to tell anybody

salec1 on April 4th, 2017 at 16:08 UTC »

From the article

“We monitored social media, particularly for his children, who were in their 20s, and found a lot of posts from the same geo-tagged sites,” said Beckett. “Cross-referencing that with land registry and other similar bodies overseas, we found half a dozen properties that were registered in the name of this person.

“We were able to go to the court with a list of assets that we conservatively estimated at $60m, which the court then seized until he settled the amount that had been ordered.”

Holy shit these guys don't kid around

MisterMeanderer on April 4th, 2017 at 16:03 UTC »

Police do it too, FYI. As do lawyers, private investigators, scammers, thieves, burglars in general, stalkers, repo men, debt collectors.

Who needs to spy when people are stupid enough to make their life available for viewing on one conveniently accessible website?