Technology advancement has taken a new shape in leading the world into digital civilization, remarkably in e-commerce, communication and financial sectors. Taking advantage of the technology, criminals have also digitalized their modus operandi targeting the digital society with fraud and cybercrimes, hence contributing illicit funds. To disguise the money trail to the illegal activities, illicit funds sourced from unlawful and fraudulent activities transformed into legal funds via a money laundering scheme. Money laundering is perceived as a global threat