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Showing posts from February, 2023

Discovering criminals through data analysis

By Justin Boyer ’21 Justin Boyer at his desk at Syracuse University, where he’s pursuing a doctorate in math. What can you do with a math degree? One option: Use data analysis to hunt down criminals. You can tell so much about someone by their spending habits. The U.S. government defines money laundering as “...financial transactions in which criminals, including terrorist organizations, attempt to disguise the proceeds, sources or nature of their illicit activities.” As an anti-money laundering (AML) analyst, I worked with financial institutions to identify potential money laundering activity by analyzing data to find anomalies related to AML regulations. I also worked with these institutions to make sure they are up to date with all applicable federal and state laws and regulations related to money laundering and other financial crimes. Money launderers often get money through drug dealing, terrorist financing, and human trafficking and disguise the source through property investing,...