Uncovering Money Laundering with AI - Video

Investigating financial scams can often take months of effort and countless hours for understanding personal finances, business transactions, bank records and personal details of a suspect. Subsequently, there always accompanies a risk of human error while combining such massive information.

So, what if AI can perform intelligence investigation on such cases for you?

Inteliate is a tactical fusion system designed for such intelligence investigation purposes. It can analyse a range of structured and unstructured documents, including personal details, witness testimonies, bank records, and transaction histories, to uncover hidden patterns and connections. Inteliate can also identifies gaps in evidence, highlights areas needing more attention, and even suggests the next steps for investigators to pursue.

What is InteliATE 1m Video

Sample Documents and Demonstration: Tax Evasion and Money Laundering Scam

In order to demonstrate Inteliate's capabilities, a case involving money laundering and tax evasion in Indonesia is taken. In this case, the main suspect owns multiple businesses, one of which is a gambling website based in Hong Kong, and a charitable foundation in Indonesia, where he claims to help people with education, health an safety.

Following are the sample documents used, but are not limited to...

1. Personal Details: An Open Source Intelligence (OSINT) profile report containing personal details of individuals suspected to be part of the fraudulent activity.

   
   

2. Social Media Details: A detailed OSINT report covering the suspect’s social media activities – posts, likes, comments, follower's details, and more – across various platforms. It also includes information from leaked emails, Telegram messages, and phone records to build a complete digital footprint of the suspect.

   
   

3. Company Registration Documents: This files provides detailed insights into the suspect’s businesses, including ownership and partnership records, offering a deeper understanding of their operations.

   
   

4. Financial Transactions of the Charitable Foundation: This reports links individuals to their specific bank accounts and branches. It highlights all financial transactions made, and donations received to suspect’s charitable foundation.

   
   

5. Betting Website Activity: Collected through OSINT platforms, this document reveals the suspect’s gambling website activity. It includes the number of registered users, website traffic, and estimated active users.

   
   

6. Income Tax Return Files: A document containing income tax returns filed with the Indonesian government. It highlights the income reported from the gambling business

How Inteliate Detected Financial Scams?

Using company registration documents and personal details, Inteliate identified key businesses and individuals involved. Additionally, analysing social media activity, it uncovered significant lifestyle changes, such as increased investments in real estate, luxury items, that suggested unexplained cash flow.

With income tax return documents and betting website activity, Inteliate detected irregularities between the app’s actual revenue and what was filed in tax returns.

The system also traced financial transactions within the suspect’s charitable foundation. It mapped the movement of funds, identified atypical recipient accounts, and revealed a pattern that donations are significantly higher than number of projects conducted by foundation each year.

This way, Inteliate concluded that, the suspect manipulated the gambling app’s data to show lower user traffic which constitutes, lower income than what it actually generates. By underreporting the website’s true revenue, he avoids paying a significant amount in taxes. The hidden income is then fed through various channels and reintroduced into his accounts under 'donations' to his charitable foundation in Indonesia.

This way Inteliate offers a systematic approach to resolve the financial cases efficiently, without human error.