Article 195QT Yachts, jets and stacks of cash: super-rich discover risks of Instagram snaps

Yachts, jets and stacks of cash: super-rich discover risks of Instagram snaps

by
David Batty
from Technology | The Guardian on (#195QT)

Flaunting assets on social media makes the world's wealthy an easy target for fraudsters - and financial investigators

From selfies on super-yachts to posing with private jets, the young heirs of the uber-wealthy have attracted worldwide envy and derision by flaunting their lavish lifestyles on social media.

But these self-styled rich kids of Instagram are, often unwittingly, revealing their parents' hidden assets and covert business dealings, providing evidence for investigators to freeze or seize assets worth tens of millions of pounds, and for criminals to defraud their families.

Continue reading...

rc.img

rc.img

rc.img

a2.img
ach.imga2t.imga2t2.imgmf.gif
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/technology/rss
Feed Title Technology | The Guardian
Feed Link https://www.theguardian.com/us/technology
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments