International Academic Journal of Science and Engineering

  • ISSN 2454-3896

Electronic money laundering and data mining methods in investigating money laundering prevention

Ebrahim masjedi

Abstract: Money laundering is the process by which criminals, illegal nature of their illicit earnings from the perspective of regulatory agencies conceal.in this process, money laundering always new and different methods are usedTools such as electronic banking and payment cards, including tools is attractive to money launderers.Viewing profile data mining solution that valuable but hidden in mass volume of financial transactions, gives valuable information related to this criminal process loses.Method of classification and clustering are algorithms that use a variety of common methods to detect and combat money laundering

Keywords: Money laundering, money laundering, electronic, data mining 193

Page: 193-210

Volume 2, Issue 2, 2015