Structuring / Smurfing Scenarios
Structuring / Smurfing
Entity Specific Conduit
Generate an alert if a pair of users / businesses transact X amount in X period AND the sum of the transactions is X between them.
Best for:
- Find a pair of entities transacting suspicious amounts between them
General Example:
For example, two entities might be suspicious if they transact with each other 150 times a day and exchange over $100,000.00 during that time but the net amount is close to $0.
How It Works:
Select from the dropdown menu to complete the logic.
Structuring
Generate an alert if a pattern of nonconsecutive transactions are all fiat dollar values similar to each other.
Best for:
- Structured movement of funds
- Entities with many transactions with similar amounts
General Example:
For example, an entity is suspicious if it makes the following 10 transactions in a 24 hour period: $5000, $4800, $5000, $4900, $5100, $4999, $5000, $5099, $4950. (these transactions are all in very similar amounts).
How It Works:
Select from the dropdown menu to complete the logic.
Layering
Generate an alert if a user or business has X percent of transactions meet Y criteria and then a subset of those meet Z criteria.
Best for:
- Laundering money
- Sending and receiving relative transactional amounts
General Example
For example, an entity might be suspicious if it receives $150,000 and immediately (in a 24 hour period) sends $145,500 to one entity and $4,500 to another.
How It Works:
Select from the dropdown menu to complete the logic.
Pass-Through
Generate an alert if a user or business has X ratio between received and sent funds in a transaction.
Best for:
- If an entity receives X, how much of X is transacted in Y time
- Looking for a middle man
- Look at net sent/received $ in transactions
General Example
For example, an entity might be suspicious if it receives $100,000 and sends out $100,000 in 6 transactions ($45,000, $20,000, $8,000, $13,000, $5,000, $9,000) in less than 24 hours.
How It Works:
Select from the dropdown menu to complete the logic.
Pass-Through Transferred Percent
Generate an alert if a user or business sent X percent of their funds to another user / business.
General Example
For example, an entity might be suspicious if it receives $50,000 and immediately sends that sum (or a similar sum of $49,900) to another entity.
Best for:
- Entity received a large initial amount of $ and a large percentage of it is sent to a single user
- Looking for a middle man
How It Works:
Select from the dropdown menu to complete the logic.
Transaction Funds Ratio
Generate an alert if a user or business receives X percent of their transactions from Y address out of all previously seen addresses.
General Example
For example, an entity might be suspicious if more than 50% of their transactions originate from California even though the rental company is located in and only operates in Minnesota.
Best for:
- Unexpected change in location of sender from received funds
- Unexpected location for a majority of senders in a transaction
How It Works:
Select from the dropdown menu to complete the logic.
Transaction Statistics A
Generate an alert if the average individual transaction volume > X and < Y AND with/without combined volume < or > Z.
Best for:
- Transactions with amounts near regulatory thresholds but not exceeding it
- Smurfing
General Example:
For example, an entity might be suspicious if a certain number of its transactions are close to USA regulation thresholds of $10,000.
How It Works:
Select from the dropdown menu to complete the logic.
Updated 11 months ago