Illegal practices refer to actions that violate laws or regulations set by governing bodies. These can include activities such as fraud, theft, and bribery, which undermine legal systems and can harm individuals or society as a whole. Engaging in illegal practices often leads to legal consequences, including fines or imprisonment. Many illegal practices are driven by the desire for financial gain or power. For example, money laundering involves concealing the origins of illegally obtained money, while insider trading occurs when individuals use confidential information to gain an unfair advantage in the stock market. Both practices are prohibited to maintain fairness and integrity in economic systems.