👉 In finance, profiteering is the act of taking advantage of a situation or opportunity to gain an unfair advantage. It is often associated with financial fraud or deception in order to secure a profit. Profiteering can take many forms and can involve various activities such as:
1.
Conspicuous self-interest
: Individuals or organizations that are profiting from the situation may be seeking personal or professional advantages, such as gaining access to new markets or resources.
2.
Misrepresentation of facts