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Real-Time Fraud Detection in Calls

The document outlines a project focused on developing a real-time fraud detection system for phone calls using deep learning techniques. It highlights the inefficiencies of traditional methods and proposes a structured approach that includes audio processing, text preprocessing, and a BiLSTM + Attention model for classification. The system aims to enhance security by providing instant alerts and optional call termination for detected fraud.

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Yash Shirsat
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0% found this document useful (0 votes)
11 views12 pages

Real-Time Fraud Detection in Calls

The document outlines a project focused on developing a real-time fraud detection system for phone calls using deep learning techniques. It highlights the inefficiencies of traditional methods and proposes a structured approach that includes audio processing, text preprocessing, and a BiLSTM + Attention model for classification. The system aims to enhance security by providing instant alerts and optional call termination for detected fraud.

Uploaded by

Yash Shirsat
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Deep

Learning
Real-Time Fraud Detection in Phone Calls Using
Deep Learning: A Smart Approach to Security

Group No.: B-12 Batch: B2 Class: TY-AI-B

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Guide: Prof. Shweta Kambare

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Group Members: 19 Ankita Kakade 12210626


53 Nujaim Maindargi 12210423
55 Manesh Mahale 12210303
57 Mayur Agarwal 12211654
72 Dhanshree Shinde 12320188

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Introduction

Fraudulent phone calls have increased significantly,


leading to financial losses and security threats.
Conventional fraud detection methods are
inefficient in real-time scenarios.

Develop an AI-based real-time fraud detection


system that processes live phone calls, detects

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fraudulent activity using Deep Learning, and alerts
users instantly.

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Problem
statement
Traditional fraud detection methods are slow, unreliable,
and rule-based, making them ineffective against evolving
scam tactics. Additionally, existing solutions lack real-
time intervention, failing to prevent fraud as it happens.

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Objectives
Real-Time Fraud Detection – Identify fraudulent phone calls as
they happen.
Automatic Speech Recognition (ASR) – Convert live call audio to
text.
Deep Learning-Based Classification – Use BiLSTM + Attention for
accurate fraud detection.
Instant User Alerts – Notify users with fraud warnings.
Optional Call Termination – Allow users to enable auto-
disconnect for fraudulent calls.

By achieving these objectives, the system enhances security,


accuracy, and user protection against fraud.
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Methodology
The proposed system follows a structured pipeline:
📌 Step 1: Audio Processing
Convert real-time phone call audio into text using OpenAI Whisper ASR.
📌 Step 2: Text Preprocessing
Lowercasing, stopword removal, lemmatization, and special character
removal.
Convert text into BERT embeddings (768-dimensional vectors).
📌 Step 3: Fraud Classification using Deep Learning
Use BiLSTM + Attention model to detect fraudulent conversations.
📌 Step 4: Real-Time Alerts & Call Termination

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If fraud is detected, trigger an instant warning pop-up.
Optionally, terminate the call if the feature is enabled.

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Dataset & Preprocessing


Dataset:
📌 10,000 phone call transcripts labeled as fraud or non-fraud.
Preprocessing Steps:
🔹 Convert text to lowercase.
🔹 Remove stopwords, special characters, and numbers.
🔹 Apply lemmatization for text normalization.
Feature Extraction:
🔹 Use BERT embeddings (768-dimensional vectors).
🔹

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Mean-pool embeddings for fixed-length representation.

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Model Architecture
📌 Deep Learning Model: BiLSTM + Attention
🔹 Embedding Layer: Pre-trained BERT embeddings (768 dimensions).
🔹 BiLSTM Layer: Captures long-term dependencies in text.
🔹 Attention Mechanism: Focuses on crucial words in the transcript.
🔹 Dense Layer (Output): Sigmoid activation for fraud probability.

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Training Pipeline
✅ Data Split:
80% Training
10% Validation
10% Testing
✅ Loss Function: Binary Cross-Entropy (for fraud classification).
✅ Optimizer: Adam (learning rate = 0.0001).
✅ Evaluation Metrics: Accuracy, Precision, Recall, F1-Score (for handling
class imbalance).

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Model Deployment for


Real-Time Detection
📌 Audio Processing: Convert live call audio to text using
OpenAI Whisper.
📌 Fraud Detection: Use trained BiLSTM + Attention model for
classification.
📌 User Alerts:
⚠ Pop-up alert: “Fraud Call Detected!”
🔴 Automatic call termination (if enabled in settings).

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Conclusion

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Thank
You!

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