FOR3705 ASSIGNMENT 1 SEMESTER 1 2025 – FULLY ANSWERED

Description

FOR3705 Assignment 1 Semester 1 | Due 29 March 2025. All questions answered. Question 1
1.1. Analyse the relationship between data mining and data analysis in financial crime
investigation. 1.2. Assess how these two processes complement each other in detecting financial crimes. Question 2
2.1. Compare public and non-public sources of information in financial crime investigation. 2.2. Explore three relevant examples of each type of source and argue their significance in
financial crime investigation.
Question 3
3.1. Evaluate five key advantages of using data analysis software in financial crime investigation.
3.2. Support your answer by generating one practical example for each key advantage.
Question 4
4. Distinguish the four main phases of the data analysis process and interpret their importance
in ensuring accurate financial crime investigation results.
Question 5
5. Demonstrate how undercover operations and surveillance operations can be effectively
utilised in financial crime investigation.
Question 6
6.1. Compare the net-worth method and the expenditures method as indirect approaches to
proving a subject’s sources of income.
6.2. Explain when each method would be most appropriate to use.