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Rich Kids Reveal Their Parents On Social Media

News: Some people are enviously watching rich kids on Instagram showing off their parents yachts, private jets and other possessings on Instagram and other social media, but it does have another side. They are – often without knowing, revealing their parents’ hidden assets, providing evidence for investigators to freeze or seize assets worth tens of millions of pounds, and for criminals to defraud their families.

Leading cybersecurity firms said they were using evidence from social media in up to 75% of their litigation cases, ranging from billionaire divorces to asset disputes between oligarchs, with the online activity of super-rich heirs frequently providing the means to bypass their family’s security.

Read The Guardian story