Ontological Constructs to Create Money Laundering Schemes
Murad Mehmet, Duminda Wijesekera · 2010
Abstract. There is an increasing tendency in the money laundering sector to utilize electronic commerce and web services. Misuse of web services and electronic money transfers occurs at many points in complex trading schemes. We provide ontological components that can be combined to construct some of these money laundering schemes. These constructs can be helpful for investigators, in order to decompose suspected financial schemes and recognize financial misuses.