11-Year-Old Girl Blows Parents' Life Savings Tipping Favorite Live-Streamers

There are certain things which kids can't be trusted with, and money is one of them. Back in the mid-90s, I hadn't quite grasped the difference between a dollar and a cent, and decided it would be a great idea to donate most of my lunch money to a veteran's charity. While my heart was in the right place, my mom was less than impressed when she got a call from the school telling her that she owed them a few dollars after I tried to pay for my lunch with an impressive five cents.

But as kids get older, parents inevitably have to trust them with money in one form or another. To prevent any major disasters, this is usually a modest amount which they're given as pocket money and encouraged to spend wisely. And this is something which two Chinese parents learned the hard way after they gave their 11-year-old access to their life savings.

To discover how women are getting rich by live-streaming their days, check out the video below:

Chinese media reported that Ms. Long, from central China's Hubei province, was horrified when she discovered that 110,000 yuan ($15,545) had "mysteriously vanished" from her bank account. But when she checked her transaction records, she soon learned that the sum had been spent by her 11-year-old daughter over a six month period using her old cell phone.

The phone had been gifted to the girl as a "toy" by Ms. Long, who, alongside her husband, runs a stall selling steam buns in the city of Jingzhou. But little did she realize that her daughter had remembered the password to her online cash account.

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Unbelievably, Ms. Long wasn't too concerned that her daughter could use the phone to pay for goods and services and was happy to let her use the pin to pay for snacks, assuming that she had the common sense not to blow her savings.

But unbeknownst to Ms. Long, her daughter had developed a penchant for watching live-streaming shows, and, while watching, discovered that she could tip her favorite hosts using the phone - and thus a monster was born.

According to Ms. Long, her daughter subsequently spent 10,000 yuan ($1,865) playing video games, in addition to the tipping.

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So why did it take her so long to discover what her daughter was doing? I hear you ask. Ms. Long's old cell phone did not have the ability to show users payment notifications, so she assumed that it was being used to pay for snacks and nothing more.

After making the shocking and no doubt devastating discovery, Ms. Long reported the incident to police.

She is now reportedly doing everything in her power to retrieve the money.

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While this might seem like a lost cause, experts revealed that if she can prove that the cash was spent by her 11-year-old, the law will be on her side as in China, anyone under 18 is classed as a minor and therefore has a limited capacity for civil conduct.

Credit: China Film Insider

This is far from the first time a child in China has been caught spending large sums of money in this way. Last year, an 11-year-old boy in south-east China spent his father's 30,000 yuan ($4,235) after becoming addicted to a video game.

But perhaps worst of all was the case of a 14-year-old boy who spent a whopping 160,000 yuan ($22,569) from his migrant parents' bank account tipping female live-streaming hosts within the space of just two months.