Fraud Detection Case Study: How ML Finds Suspicious Transactions

Data Scientist 9 min min read Updated: Mar 05, 2026
Fraud Detection Case Study: How ML Finds Suspicious Transactions
Topic 3 of 5

Fraud Detection (Case Study)

Fraud is tricky because fraud cases are usually very few compared to normal cases (imbalanced data).

How I Handle It

  • Features: transaction frequency, amount spikes, location mismatch
  • Models: logistic regression, tree-based models
  • Metrics: precision/recall (accuracy is misleading)

Next: Churn Prediction Case Study

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