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I will be going with the subject “Fraud detection using Data Mining” Fraud affirmation is an approach to manage shield others from being attacked by designers or to get secure from the cash desperado and cheats with the assistance of progression. Information Mining (DM) blueprint systems in recognizing firms that issue fraudulent financial statements (FFS) and manages the obvious affirmation of parts related to FFS. This evaluation explores the settlement of Decision Trees, Neural Networks, and Bayesian Belief Networks in the prominent proof of sham spending summaries. The information vector is made out of degrees got from budgetary outlines.
Data uncovering is looking for secured, significant, and possibly supportive models in huge enlightening lists. Data Mining is connected to finding unsuspected/already dark associations among the data.
It is a multi-disciplinary fitness that usages AI, estimations, AI, and database advancement.
Types of data mining
Text mining data mining
Kirkos, E., Spathis, C., & Manolopoulos, Y. (2007). Data mining techniques for the detection of fraudulent financial statements. Expert systems with applications, 32(4), 995-1003
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