Tuesday, April 5, 2016

Rich parents blindsided after kids out them on social media

https://thenypost.files.wordpress.com/2016/04/rich-kids-1.jpg?quality=90&strip=all&w=1200

Doah!....More proof that nothing good comes from posting things on social media.

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Cashed-up parents are getting caught by the law thanks to their social media-loving kids, who aren’t so savvy when it comes to keeping a low profile online.
Instagram has become the site of choice for children of wealthy parents to flaunt their cash, expensive toys and luxury lifestyles.
But the naive children are exposing their parents to fraud investigators and criminals, London‘s Telegraph reports.
Top cybersecurity firms said they were using evidence from social media in up to 75 percent of their litigation cases.
Oisín Fouere, managing director of K2 Intelligence in London, said social media was its “first port of call” when examining the transactions of the super-rich.
In one debt recovery case, a man claimed to have no items of significant value, but one of his children exposed that lie by posing on the family’s $22 million yacht in the Bahamas.

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