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International Journal of Latest Research in Science and Technology

DOI:10.29111/ijlrst   ISRA Impact Factor:3.35

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Expert System for the Detection of Suspicious Banking Transactions of Money Laundering

Research Paper Open Access

International Journal of Latest Research in Science and Technology Vol.7 Issue 3, pp 1-9,Year 2018

EXPERT SYSTEM FOR THE DETECTION OF SUSPICIOUS BANKING TRANSACTIONS OF MONEY LAUNDERING

Juan Francisco Sabas González,Tonáhtiu Arturo Ramírez Romero ,Miguel Patiño Ortiz

Received : 27 April 2018; Accepted : 17 May 2018 ; Published : 27 June 2018

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Article No. 10938
Abstract

Money laundering (ML) is one of the main issues today, because it has a great impact on the economy and society of the countries. This crime is carried out by criminal organizations that need to hide the origin of illicit money obtained from their activities, and this is achieved by disguising illicit money transactions through banks. In Mexico, in the year 2015 ten thousand millions of dollars were washed, for this reason an expert system was created, in this paper presents how the structure of the proposed expert system works, and that its main function is the evaluation of clients' transactions by an algorithm with a decision tree approach and based on rules to identify if their transactions are suspicious.

Key Words   
Detection, Expert system, Money Laundering, Suspicious Transactions

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To cite this article

Juan Francisco Sabas González,Tonáhtiu Arturo Ramírez Romero ,Miguel Patiño Ortiz , " Expert System For The Detection Of Suspicious Banking Transactions Of Money Laundering ", International Journal of Latest Research in Science and Technology . Vol. 7, Issue 3, pp 1-9 , 2018

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