METHOD TO DETECT CASH EQUIVALENT DEPOSIT STRUCTURING AND FUNNEL ACCOUNT BEHAVIOR

摘要

Account information is analyzed to identify accounts that have received deposits drawn on accounts associated with money service businesses. When such deposits are detected, other transaction data is analyzed to decide whether or not to categorize the account as suspected of being used for an illicit purpose such as money laundering. The analyzed information may include the number or percentage of deposits received drawn on accounts associated with money services businesses, the pattern of deposits and withdrawals into and from the account, and other information.

主权项

1. A computerized system, comprising:
a processor; and data storage, the data storage holding one or more databases records of a number of deposits into a number of accounts at a number of financial institutions, the records indicating for each of the number of deposits at least the number of an account from which funds were drawn to make the deposit, the number of an account into which the deposit was made, the amount of the deposit, and the date of the deposit; wherein the system is specially programmed to: identifying, from the records, accounts that received deposits of funds drawn from accounts associated with one or more money service businesses within a predetermined time period; and for each identified account:
evaluate whether the deposits received into the account drawn from accounts associated with one or more money service businesses were in even dollar amounts;evaluate the number of deposits in even dollar amounts received into the account within the predetermined time period; andcategorize the account as a suspected funnel account or not a suspected funnel account based at least in part on the evaluations; wherein at least some of the identified accounts are categorized as suspected funnel accounts, and for at least each account categorized as a suspected funnel account, reporting the result of the categorization