11-yr-old boy pimps out female classmates, makes $500

A business minded 11-year-old primary school boy made a quick $500 by pimping his female classmates to boys for a 'kiss and a hug'.

But the 5th grade boy from Elk City, Oklahoma, did not know that he was in trouble for his business acumen as he has been expelled from school for running a 'business' during school hours.

Daily Mail reports that the boy who is from a poor home but determined to make some fast bucks, managed to convince eight girls to kiss and hug boys for money.

The director of the school said that the boy was running this business in which he was exploiting young classmates for nearly 3 months, before being caught.

27 boys admitted that they were paying the young 'Mafioso' $3 for a 10 second make out kissing session and $2 for a 15 second hug, which also included groping the girls.

But the 'hard boy' kept all the money and never shared his earnings with the eight girls he recruited to work for him.