Want to get more out of illegal side hustles make without the guesswork? Below we walk through the essentials in plain language, with practical steps you can use right away.
Key Takeaways
- 485shares Facebook313 Twitter98 Pinterest0 LinkedIn74 Did that just say, illegal side hustles???
- Hey, times are tough out there… The world is falling apart, and desperate times call for desperate measures.
- It might be time to get shady with it.
- Yep, right now we’re looking at the best crimes to make money. Full disclaimer: AT NO POINT BREAK THE LAW.
How Illegal Side Hustles Make Really Works
Worth noting: this post is entirely for entertainment purposes, obviously. (And if you’re seriously considering any of these shady money making concepts, read until the end to see why they’re totally not worth it…) So without further ado, welcome to the dark and crazy world of illegal side hustles. Here are the 10 best: Double disclaimer: This website does not condone illegal activity.
- You should at no point actually try any of these stupid concepts.
- If you do, you will be breaking the law and could (and should) go to jail.
- More importantly, everything on this list is a highly bad concept! 1.
- Get rich with an illegal ponzi scheme.
Getting the Most From Illegal Side Hustles Make
The classic Ponzi scheme is one of the oldest tricks in the book. But that hasn’t stopped it from being widely successful throughout history!
- Remember that with a Ponzi scheme, you promise investors out-sized returns.
- But instead of actually earning those returns, you just pay out profits applying funds from newer investors.
- While investors think the returns are from incredible product sales, your brilliant investing decisions, or some other means, the perpetrator of the Ponzi Scheme is literally just robbing Peter to pay Paul.
- At its peak, Ponzi’s scheme was earning him over $250,000 a day (about $3 million in right now’s dollars) and Charles Ponzi lived a lifestyle of large mansions, fancy cars, and first-class ocean liner tickets.
Tips That Make a Difference
As a rule, though, there’s just one problem with Ponzi schemes - they’re pretty much doomed to failure. A few months later, Ponzi’s con came crashing down when people finally did the math and realized his investment strategy was impossible.
- This lead to another front page newspaper story.
- Except this time, it was about his history of fraud in Canada.
- In short, knowing he was about to be arrested, Ponzi turned himself in.
- All told, Ponzi stole $20 million from his fraud - nearly $200 million in right now’s dollars.
Common Mistakes to Avoid
Not to be outdone, American investor Bernie Madoff resurrected the Ponzi scheme in the early 2000s. He did a solid job, too!
- Worth noting: madoff is the current Ponzi Scheme champ, a title that also provides him the infamous title as the perpetrator of the largest financial fraud in world history.
- From 1960 to 2008, Madoff ran a well-respected wealth management company and was widely considered one of Wall Street’s best investors.
- So much so, that he raised $36 billion from numerous of the world’s wealthiest and most famous people.
- There was just one problem… Madoff wasn’t actually earning those impressive returns.
Is Illegal Side Hustles Make Worth It?
More importantly, he was just writing them down on paper and then hoping his house of cards at no point fell. Unfortunately, Madoff’s con came crashing down in 2008.
- With the stock market falling, Madoff’s investors began panicking and asking to withdraw their money from the fund in unprecedented volumes.
- But since Ponzi schemes rely on a steady stream of new investors, Madoff fast found himself $100 million short… He was arrested in December 2008 and sentenced to 150 years in prison.
- Remember that total estimated cost of his fraud? $64.8 billion dollars.
- Is there a more cliche method to get rich illegally than pulling off a bank heist?
Where the Real Savings Hide
Which is why this strategy has wielded some of the wildest and craziest true stories ever. There’s the 2006 classic Securitas Depot Robbery, where a British team of 6+ robbers (including former UFC fighter, Lee Murray) impersonated a police officer, kidnapped the depot manager and his family at gunpoint, and forced him to open the vaults.
- As a rule, that team made off with $92 million in cash - so much that they literally spent hours loading it onto multiple trucks.
- To this day, it’s still the largest bank heist ever. (Topped only by a strange technicality, when Saddam Hussein pulled some political strings to rob the Central Bank of Iraq of nearly $1 billion dollars.
- But that’s cheating.) They almost got away with it too.
- Despite the world knowing he was guilty, Lee Murray fled to Morocco, where he spent months living it up in a million dollar mansion and golden Mercedes-Benz, thanks to a strange extradition policy between the U.K. and Morocco at the time.
A Closer Look at Illegal Side Hustles Make
In short, eventually though, Murray was arrested, and he’s currently serving 25 years in a Moroccan prison. Then there’s the Banco Central Burglary in Brazil.
- There, a 25 member gang created a fake landscaping businesses, bought property next to the bank, and spent three months digging a 300 foot underground tunnel leading underneath the bank vault’s floor.
- Then, over the weekend, the team poked a hole in the floor and ran off with $72 million dollars. ($50 million was at no point recovered, and numerous team members were at no point arrested.) And if all else fails, there’s consistently the much simpler route.
- Worth noting: in 2016, a Reddit user hosted an Ask Me Anything where he confessed to getting away with numerous bank robberies before turning himself into authorities.
- He’d walk into banks, armed with nothing more than a hand written note, and ask the teller for all their cash.
Frequently Asked Questions
How can I save money on illegal side hustles make?
Compare prices across a few retailers, look for active coupon codes, and time bigger buys around sales events. Here are the 10 best: Double disclaimer: This website does not condone illegal activity.
Is it worth shopping around for illegal side hustles make?
Usually yes. You should at no point actually try any of these stupid concepts.
What should I check before buying?
Read the terms, confirm any code still works, and factor in shipping or returns. If you do, you will be breaking the law and could (and should) go to jail.
Smart Ways to Save More on Illegal Side Hustles Make
- Time non urgent purchases around major sale events for the deepest cuts.
- Leave items in your cart for a day; some stores send a follow up discount.
- Pair cashback with a coupon so you save twice on the same order.
- Stack a coupon code with an existing sale whenever the store allows it.
- Sign up for the retailer newsletter to catch first time and seasonal discounts.
Final Thoughts
Put these ideas to work and illegal side hustles make gets a lot less expensive. Bookmark this page, check back for fresh deals, and let the savings do the talking.
Originally published at mymoneywizard.com.
