profiteer
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profiteer
a person who makes excessive profits, esp by charging exorbitant prices for goods in short supply
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References in periodicals archive
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The arrested profiteers were included nanbais (bakers), proprietors of restaurants, vegetable and fruit vendours, cooked tea sellers, butchers and others.
They arrested 15 profiteers violating the government price list.
conducted raids in Peshtakhara, Kohat Road and G.T Road and arrested 29 profiteers while AAC Bashir Ahmad arrested 26 profiteers from Charsadda Road, Nauthia and Kothwali areas.
He added that five profiteers had also been arrested.
The raids were conducted by the magistrates concerned in their respective areas to check quality of edibles and their rates, he said adding fines were imposed on profiteers for overcharging the consumers.
According to a statement issued from his office, Sardar Usman Buzdar directed the cabinet's sub-committee on price control to take indiscriminate action against the profiteers.
LAHORE -- The Price Control Committee and price control magistrates have failed to rein in profiteers in the holy month of Ramazan.
KARACHI -- The city administration during its anti-profiteering campaign, in the first 12 days raided different markets and caught around 4,400 profiteers, sent 241 of them to jail and recovered over Rs5.5 million as fines from the other culprits.
Profiteers fear no law authority and even they never are willing to cease to rob poor and particularly the fasting Muslim majority here in Pakistan.
KARACHI -- During an operation against profiteers on Sunday, the district administration took action against 361 shopkeepers and others vendors in the city.
conducted raids in different markets of the district including Rawalpindi city and cantt areas and imposed fines amounting to over Rs 3.9 million on 1256 profiteers while 113 FIRs were also lodged against the violators.
RAWALPINDI -- Deputy Commissioner (DC) Rawalpindi Muhammad Ali Randhawa has directed the Assistant Commissioners (ACs), Magistrates and other officers concerned to conduct raids against profiteers and hoarders regularly and take strict action in accordance with the law against the rules violators.
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