Inductive learning and classification techniques have been applied in many problems in diverse areas. In this paper we describe an AI-based approach that combines inductive learning algorithms and meta-learning methods as a means to compute accurate classification models for detecting electronic fraud. Inductive learning algorithms are used to compute detectors of anomalous or errant behavior o...

In recent years, many Chinese companies have gone public in the United States, which has brought opportunities for their development and made these focus of regulatory agencies. Luckin Coffee only took more than one year from its establishment to listing, attracting attention. At beginning 2020, short selling report Muddy Water Company was released. April also admitted financial fraud. So far, ...

The ubiquitous cases of abnormal transactions with intent to defraud is a global phenomenon. An architecture that enhances fraud detection using a radial basis function network was designed using a supervised data mining technique― radial basis function (RBF) network, interpolation approximation method. Several base models were thus created, and in turn used in aggregation to select the optimum...

In this paper, we describe research and an application of agent based modeling to create financial network data. Creating a dataset of this type presented some unique challenges. First, the dataset we are trying to emulate is large and sparsely connected (20 million nodes, 20 million edges, in 500GB). Second, it includes multiple types of entities and relationships. A system made up of multiple...

Business people must provide accurate and relevant information be free from fraud that will mislead other parties. To appropriate for users of financial statements, the preparation these statements prepared as well possible according to data based on applicable accounting rules. This study aims analyze effect stability, external pressure, industry nature, rationalization, capability statement f...

Everybody can recall some kind of fraud that has been all over the news. If it were Enron, WorldCom, Lernout & Hauspie, Ahold, Société Générale or another case does not matter. Fact is that fraud has become a serious part of our life and hence a serious cost to our economy. Several studies on this phenomenon report shocking numbers: forty-three percent of companies worldwide have fallen victim ...