Here is an
example of a RuleMap for suspicious bank transactions,
namely suspicious money transfers. These types of
transactions led to the resignation of N.Y. Governor Eliot
Spitzer in 2009. The figure
below is a
Below that is a description of the business rule logic.
Activity is detected
AND Transaction Amount is for $2,000 or
reporting business knows of no
reasonable explanation for the transaction after
examining all available facts
AND The Transaction serves no business
(purpose)or apparent lawful
Transaction is intended or conducted in order to
hide or disguise funds or assets derived from illegal activity.
Transaction Involves use of the MSB
to facilitate criminal activity.
Transaction involves funds derived from
Transaction is designed to evade the
requirements of the Bank Secrecy Act
through structuring or other