(Photo) One of Instagram's richest kids was jailed for selling a stolen IPhone

An 18 year old teenager popularly known as the 'richest kid on instagram' who flaunts his wealth very well, has been jailed for selling a stolen iphone on classified ads site Craiglist.

Param Sharma, known as Lavish P, who boasted about his wealth to his 400,000 Instagram followers, was locked up at the Santa Rita jail after being handed a 90-day sentence on August 18.

The teenager claimed it was someone else's iphone but is unable to cover his $30,000 bond. Continue...



His lawyer told Buzzfeed
'The police knew him and were unhappy with his social media accounts. $30,000 bail is not something that could be done for these charges,He's in block F,according to the sergeant. here, the worst of the worst in the section of a psych ward,'Somebody tried to kill him and I was really, really upset.'
After two weeks, Sharma was returned to a normal jail cell. His lawyer has filed an appeal for his release.