Abstract
This article explores the imperative landscape of money laundering detection, emphasizing the role of advanced financial monitoring and the integration of Microsoft Power BI for in-depth data analysis. Addressing challenges in fraud detection, the study employs synthetic datasets from Kaggle, overcoming limitations in accessing real financial data. Through a meticulous process, the article demonstrates the power of Power BI in uncovering potential money laundering activities via visual analyses such as stacked column charts, line charts, pie charts, and clustered bar charts. The significance of appropriate data preparation, column selection, and visual representations is highlighted, offering a systematic approach for fraud detection in financial datasets. This research showcases the effectiveness of Power BI as a strategic tool, providing insights and methodologies that contribute to the ongoing discourse on fraud prevention in financial analytics.
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