Practice Drills: Identifying Layering Patterns in Sample Transaction Data

A practice-first course on the hardest stage of money laundering to see: layering, where illicit funds are moved through accounts, channels and entities until the trail goes cold. You work on a fictional sample ledger from an Indian bank, with UPI, IMPS, NEFT, RTGS and cash entries, and drill one pattern at a time: rapid pass-through, structuring below reporting thresholds, fan-out and fan-in, circular flows and round-tripping, mule accounts and multi-hop chains. You then look at layering through payment aggregator wallets, trade invoices and shell companies, and securities and demat accounts, and learn to separate genuine suspicion from normal business activity. The course closes with a simple rule-based scoring model, a findings write-up for the investigation file, and a full end-to-end drill on a fresh dataset. Grounded in the Prevention of Money Laundering Act, 2002, FIU-IND red flag indicators and RBI and SEBI KYC requirements. All names, accounts and figures are fictional and for training only. Built for aspiring forensic auditors, compliance officers at banks and NBFCs, and finance professionals in risk and compliance roles.