Rich Kids of Instagram star admits Hermes handbags scam

"Rich Kids of Instagram star admits Hermes bag scam in fraud trial" - Jack Watkin, a conman featured in Channel 4's Rich Kids Of Instagram, has pleaded guilty to scamming victims out of over £200,000 by promising high returns on Hermes handbag investments. Watkin, who projected a lavish lifestyle on social media, used the funds for luxury purchases instead of investments, duping individuals into thinking they were investing in exclusive handbags. The 26-year-old also faces charges related to indecent images found on his phone, with sentencing set for September 3.