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Friday, 12 September 2014

Instagram's 'richest teenager' JAILED for selling stolen iPhone on Craigslist site


A teenager known as the 'richest kid on Instagram' has been jailed for selling a stolen iPhone online.

Param Sharma, 18, who boasted about his wealth on Instagram with pictures of himself with multiple iPhones, was locked up at the Santa Rita jail after being handed a 90-day sentence on August 18.

The Californian, known as 'Lavish P', claims it was someone else's iPhone he was flogging on the classified ads site Craigslist.

But police said the phone was stolen and Sharma is now unable to cover his $30,000 bond.....MORE...

Sharma and his attorney Andrew Shalaby claim the teen was selling the phone for a friend and the bond does not match the severity of the crime.

"The police knew him and were unhappy with his social media accounts," Shalaby told Buzzfeed.

"$30,000 bail is not something that could be done for these charges."

And in a bizarre turn of events, Sharma – who uses the Instagram user name 'It's Lavish B****' – reportedly had to spend some of his sentence in a high-security psych ward where someone tried to killed him.

He has now returned to a normal jail cell.

Shalaby has filed an appeal for the teen, who is hoping to be released any day now.

Lavish P gained internet notoriety in 2013 for flashing his cash on social media, with pictures of himself drenched in bank notes going viral.

He amassed 400,000 followers on the site for sharing pictures showing off his extreme wealth, such as a $150,000 diamond-studded watch.

As well as posting pictures of himself with several iPhones, he also posted a picture of himself with a gold iPhone 5s when the new model was released last September with the caption: "Keep waiting in line peasants."

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