What verb do you usually use to describe the action of a "profiteer"?
I know that the word "profiteer" can be used in both noun and verbal forms, but I think that the verbal form is used very rarely. This is why I opened this thread to make sure whether if I use this word in the noun form, it would sound unnatural to a native speaker because of some better alternatives or it is OK.
1) Many food merchants were charged with profiteering in that period of time.
2) Almost all the government officials are taking advantage of people's financial problems. They are profiteering in many ways. They embezzle, take considerable amounts of money from the country's treasury, take big bank loans and do not pay them back etc.
I wonder if the above usages are correct. If they don't then what shall I use yo avoid sounding unnatural?