Detect Financial Fraud Detection with Anamaly Feature Detection

Abstract

Financial fraud, such as money laundering, is known to be a serious process of crime that makes illegitimately obtained funds go to terrorism or other criminal activity. This kind of illegal activities involve complex networks of trade and financial transactions, which makes it difficult to detect the fraud entities and discover the features of fraud. Fortunately, trading/transaction network and features of entities in the network can be constructed from the complex networks of the trade and financial transactions.