Study on Money Laundering Practices From the Criminal Action Results of Political Parties

Kurnia, Denny Arinanda

doi:10.35457/translitera.v6i1.581

Cited by 2 publications

(3 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Based on the above, it is possible to say that the application can process a large amount of data and provide results in a minimum amount of time. Moreover, the provided results are more useful than the solutions proposed in [9][10][11]. The application records only the record's generated date, the rule of a detected anomaly, and the entity that is suspected.…”

Section: Rapid Mvmt Fundsmentioning

confidence: 99%

“…The application records only the record's generated date, the rule of a detected anomaly, and the entity that is suspected. However, this paper does not include ordinary user visualization, which is provided in [7][8][9][10] and can be the first priority. However, this can be easily fixed by including the frontend side of the application.…”

Section: Rapid Mvmt Fundsmentioning

confidence: 99%

“…[8,9]. The third case is if the recipients of the money do not want to show their real source for security, ethical, or political reasons [10].…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Blockchain-Enabled Transaction Scanning Method for Money Laundering Detection

et al. 2021

View full text Add to dashboard Cite

Currently, life cannot be imagined without the use of bank cards for purchases or money transfers; however, their use provides new opportunities for money launderers and terrorist organizations. This paper proposes a blockchain-enabled transaction scanning (BTS) method for the detection of anomalous actions. The BTS method specifies the rules for outlier detection and rapid movements of funds, which restrict anomalous actions in transactions. The specified rules determine the specific patterns of malicious activities in the transactions. Furthermore, the rules of the BTS method scan the transaction history and provide a list of entities that receive money suspiciously. Finally, the blockchain-enabled process is used to restrict money laundering. To validate the performance of the proposed BTS method, a Spring Boot application is built based on the Java programming language. Based on experimental results, the proposed BTS method automates the process of investigating transactions and restricts money laundering incidents.

show abstract

Section: Rapid Mvmt Fundsmentioning

confidence: 99%

Section: Rapid Mvmt Fundsmentioning

confidence: 99%

See 1 more Smart Citation

Blockchain-Enabled Transaction Scanning Method for Money Laundering Detection

et al. 2021

View full text Add to dashboard Cite

show abstract

The potential of interprovincial money laundering in Indonesia: investigation on the attractiveness and destination choice

Andiojaya,

Ramadhani,

Rizka

et al. 2025

JMLC

View full text Add to dashboard Cite

Purpose The purpose of this study is to ascertain the level of attractiveness of each province in Indonesia as a potential destination for money laundering activities originating from Jakarta. Design/methodology/approach Adopting a quantitative approach, this study uses the Walker Gravity Model, which has been modified in two key components: the attractiveness and distance variables. The first modification is achieved by using proxy economic variables, for which data is available at the provincial level within a country. The utilization of proxy data serves to circumvent certain data limitations inherent to the original model, which is only accessible at the country level. The second modification is introduced to the distance component, wherein this study develops a distance index that is deemed to be more representative than physical distance used in the original model. Findings The research findings indicate a notable correlation between economic activity and the risk of money laundering, with provinces in closer proximity to Jakarta exhibiting a higher likelihood of being targeted for money laundering activities. However, there are exceptions for some provinces that, despite their distance from Jakarta, also demonstrate a high potential for money laundering due to their strong economic ties to the capital city. Originality/value The existing studies on money laundering attractiveness, extent and flow at the provincial level in Indonesia using quantitative approaches are limited. This paper provides new insights into the economic and governance landscapes of Indonesian provinces, highlighting the need for tailored anti-money laundering strategies.

show abstract

Study on Money Laundering Practices From the Criminal Action Results of Political Parties

Cited by 2 publications

References 0 publications

Blockchain-Enabled Transaction Scanning Method for Money Laundering Detection

Blockchain-Enabled Transaction Scanning Method for Money Laundering Detection

The potential of interprovincial money laundering in Indonesia: investigation on the attractiveness and destination choice

Contact Info

Product

Resources

About