The Dark Side Of Craigslist
Craigslist’s Source Of Revenue
According to a report by Business Insider, “explicit” ads account for one-third of Craigslist’s revenue. Many of those ads are illegal prostitution, which has caused the company to come under investigation by law-enforcement. In 2010, the New York Times reported that Craigslist’s revenue was estimated to be around $36 million from prostitution alone.
In a related case, a New York woman was arrested in 2010 for an ad that she posted seeking “upscale men” to engage in explicit acts with. The man she met up with was an undercover cop, who arrested her after she accepted $200. The woman was a registered nurse and divorced mom of four.