Multi-View Graph-Based Hierarchical Representation Learning for Money Laundering Group Detection

Anti-money laundering (AML) is crucial to maintaining national financial security. Contemporary AML methods focus on homogeneous mining or unitary money laundering pattern. These methods ignore a characteristic of gang operation in money laundering. Thus, in this paper, we propose a multi-view graph-based hierarchical representation learning method, named MG-HRL, to mine organized money laundering groups. In particular, we extract multi-level representations of transaction subgraphs, including transaction features, user features, structural features, and high-order association features from multiple observational perspectives. To learn the correlation between users, we model transaction networks as heterogeneous information networks (HINs) and design six meta-paths related to money laundering scenarios to mine correlations among users. Combining with correlation representations of users, we propose a heterogeneous hypergraph representation learning method to learn high-order representations of transaction subgraphs. Through hierarchical representation learning, the MG-HRL achieves full exploration of money laundering groups. Finally, we conduct experiments on two public transaction datasets. The result shows that MG-HRL method performs better than other state-of-the-art baselines.

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Publication Details

Journal
IEEE Transactions on Information Forensics and Security
Published
2025-01-01
DOI
https://doi.org/10.1109/tifs.2025.3529321
Citations
2
Primary Topic
Crime, Illicit Activities, and Governance
Type
article
Field-Weighted Citation Impact
8.40

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article

Multi-View Graph-Based Hierarchical Representation Learning for Money Laundering Group Detection

Zhong Li, Xueting Yang, Changjun Jiang
2 citations
IEEE Transactions on Information Forensics and Security
Crime, Illicit Activities, and Governance
8.40
article

Multi-View Graph-Based Hierarchical Representation Learning for Money Laundering Group Detection

Zhong Li, Xueting Yang, Changjun Jiang
article en
2 citations

Abstract

Anti-money laundering (AML) is crucial to maintaining national financial security. Contemporary AML methods focus on homogeneous mining or unitary money laundering pattern. These methods ignore a characteristic of gang operation in money laundering. Thus, in this paper, we propose a multi-view graph-based hierarchical representation learning method, named MG-HRL, to mine organized money laundering groups. In particular, we extract multi-level representations of transaction subgraphs, including transaction features, user features, structural features, and high-order association features from multiple observational perspectives. To learn the correlation between users, we model transaction networks as heterogeneous information networks (HINs) and design six meta-paths related to money laundering scenarios to mine correlations among users. Combining with correlation representations of users, we propose a heterogeneous hypergraph representation learning method to learn high-order representations of transaction subgraphs. Through hierarchical representation learning, the MG-HRL achieves full exploration of money laundering groups. Finally, we conduct experiments on two public transaction datasets. The result shows that MG-HRL method performs better than other state-of-the-art baselines.

IEEE Transactions on Information Forensics and SecurityVol. 20
Ministry of Education of the People's Republic of China (CN), Donghua University (CN)
National Natural Science Foundation of China
Peace, Justice and strong institutions
Openalex Percentile: Top 4%
Crime, Illicit Activities, and Governance
8.40
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