Illegal side hustles? Yes, there are plenty of them out there. None of which I condone. However, there’s something to learn about the people doing illegal or bizarre side hustles for income that you can apply to your ethical, normal side hustles.

11 Lucrative Illegal Side Hustles: The Dark Side of Income Generation

I do not condone making money illegally at all. However, there are some people out there that will do literally anything for money. You can increase your income pretty quickly by using side hustle income. These are some of the most bizarre side hustles out there that people are making very good money off of.

My side hustles include freelance consulting, blogging, photography and online businesses. I’m more income-oriented than expense reduction oriented. I’ve highlighted millionaire farmers among other ideas to help you think about your income.

Or even, you can consider unconventional passive income opportunities to help your income grow.

How are we going to talk about the good without talking about the bad?

What is a side hustle?

A side hustle is a method of income that can help you increase your income to invest or pay down debt faster. Think of side hustles like bonus income. With a side hustle, you can start making some serious cash completely in addition to your day job.

I’ve seen so many people scale their side hustle income to a full-blown business. I love the prospects of a side hustle because it allows you to learn and gives you the optionality of something that has unlimited upside. You should have at least 3 different ways to make side income.

I wrote a book about dividend investing that you could call a side hustle. I mainly did it to help everyone learn about dividend investing that will help you achieve financial independence. You can buy it on Amazon as Dividend Investing Your Way to Financial Freedom.

An illegal side hustle is something that people are doing that is completely against the law. I’m writing about these illegal side hustles because they can be a decent way to learn more about your legal side hustles.

I wrote a mob money post about money management tips I learned from Tony Montana. Read what money management tips you can learn from an illegal dealmaker.

While you read this article about illegal side hustles, why don’t you throw on some music to fit the picture? Nothing better than Tupac’s song of Ambitions of a Ridah…

List of Illegal & Bizarre Side Hustles

People make money illegally every day. In fact, you probably made money illegally at one point too. However, there are more people out there making money illegally than you think. Well, some people are making it in a bizarre way too. A way that you never even thought existed.

I am a huge fan of the online economy. However, on the flip side, the online economy has opened some massive doors to illegality. I write these bizarre side hustles as a way for people to realize what other people are doing out there by making money…

Some people making money illegally might be closer to you than you think, unfortunately.

1. Sports betting in Illegal states

This is a logical winner here. People have been betting on sports illegally for years via online sportsbooks. Sports betting is definitely not a prudent strategy for generating consistent income. It’s extremely difficult to beat the book consistently.

However, there are actually people out there that have done it and people that will continue to do it. You don’t really ever hear about the profitable sports bettors because they are definitely not giving away their secrets any time soon.

2. Dark Web Drug Dealer or Scammer

The dark web has exploded thanks to a variety of cryptocurrencies, most notably bitcoin. There are people out there that have helped each other become completely anonymous on the web. Through this method and encrypted messaging, the dark web world of drug dealing has exploded.

There are more people out there than you know that are dealing drugs on the dark web. It’s actually pretty crazy.

3. Hacking

Hacking is alive and well, clearly. There are thousands of hackers (both good and bad) out there phishing. People will hack into small websites or even large servers with the goal of some sort of ransom for return. Yikes! Those are some bad people. Hackers are very smart. You will likely never know a hacker directly. There could be hackers that live by you and you don’t know it!

4. Spamming and Spam Bots

People have been making spam and spam-related malware for years. Yeah, my email inbox feels the pain of this. Sadly, a number of people around the world fall for the spam and get taken advantage of. This is not a good outcome. People are out there making money off this. Do what you can to prevent spam.

5. Scam and Fraud

There are plenty of people around the world using technology and online tools to scam people into schemes. The most notable was the IRS scam where fraudsters posed as IRS professionals to get people to hand them money. Over four years, more than 15,000 victims in the United States lost “hundreds of millions” of dollars to the sophisticated scam, and more than 50,000 individuals had their personal information compromised.

6. Online Daily Fantasy Sports

People have been side skirting the state by state regulation of daily fantasy sports. Many states have legalized daily fantasy sports across the United States. However, there are people out there making significant money by playing daily fantasy sports as a side hustle in illegal states.

7. Growing Cannabis

People have been growing cannabis both legally and illegally in the United States. The business for people growing cannabis legally has been booming! Sadly, there have been a lot of people growing cannabis illegally. This is such a risky proposition given that it might be legal nationwide soon.

8. Stealing

Stealing has been around since the beginning of time and will likely never go away ever. People have been known to steal or set up fraudulent online stealing with large counterparts like Amazon, Target and more.

In fact, package stealing during the holidays has been on the rise as a result of Amazon’s shipping. Package stealing is on the rise directly from your porch. Buy a Nest camera and stay safe from stealers.

Conclusion on Illegal Side Hustles

These really are examples of the dark side of side hustling. People have been making significant sums of income from these illegal side hustles. In fact, most of these have been growing in popularity exponentially.

These illegal ways to make money are very risky and could result in significant jail time. That means it’s probably not worth the money on a risk-adjusted basis.

These illegal ways to make money are worth know, so you can protect yourself against getting involved or losing money.

What are some illegal side hustles that you are aware of? Let me know in the comments. I’d love to hear from you.

See Also:

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The Market Daily

Friday, November 23, 2018