Facebook and Twitter used to track hidden wealth
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[The Daily Telegraph](https://www.telegraph.co.uk/technology/social-media/10874787/Facebook-and-Twitter-used-to-track-hidden-wealth-in-divorce-cases.html) reported on the increasing frequency with which social media, including Facebook and Twitter is used in legal cases to find hidden assets. The paper explained how the court is now able to make disclosure orders requiring people to produce details of their social media activities.

The information and photographs posted to such sites can often be used to trace illicit and hidden cash. The paper revealed how Facebook had been used to show links between people in a personal injury claims scam, and explained how extravagance on social media can evidence hidden wealth when a party is otherwise claiming poverty in proceedings.

Vardags president, Ayesha Vardag, commented that as well as social media, people are using electronic currencies such as Bitcoin to hide assets. "*They can be used to run a parallel economy. People will go to immense lengths as a spousal claims is more damaging than tax because it is half your wealth,"* she explained.

Ayesha also explained the risk of Bitcoins and parallel currencies being used to a number of other news outlets. Her comments were featured by [CNBC](https://www.cnbc.com/2014/06/02/bitcoin-could-be-used-to-hide-assets-in-divorces-warn-lawyers.html) and the [Financial Times](https://vardags.com/pictures/FT-03-06-14.jpg), which revealed that court orders requiring the disclosure of Bitcoins had already been required in the US courts.



"Ayesha Vardag - Britain's top divorce lawyer." ![The Huffington Post](https://vardags.com/images/logo/huffpost.png)

"Ayesha Vardag - Woman of the Year"![GG2](https://vardags.com/images/logo/gg2-3.png)

"Leading, Magic Circle law firm."Mr Justice Coleridge



"A handful of firms dominate the so-called 'glamour' end of the market ... Vardags"The Times



"One of the best divorce lawyers in the country"Marie Claire



"Ayesha Vardag - 'diva of divorce' for the world's super rich" ![BBC](https://vardags.com/images/logo/bbc.png)

"Dr Stephen Bence is a financial genius."Lewis Marks KC



"Ayesha Vardag - the Queen of divorce"Daily Mail



"Vardags brilliantly argued my case to a resounding victory"Pauline Chai (client)



"Britain's top divorce lawyer" ![The Telegraph](https://vardags.com/images/logo/telegraph.png)





Articles by John Oxley
----------------------

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