Financial fraud detection has emerged as a critical research challenge amid the rapid expansion of digital financial platforms. Although machine learning approaches have demonstrated strong performance in identifying fraudulent activities, most existing research focuses exclusively on English-language data, limiting applicability to multilingual contexts. Bangla (Bengali), despite being spoken by over 250 million people, remains largely unexplored in this domain. In this work, we investigate financial fraud detection in a multilingual Bangla-English setting using a dataset comprising legitimate and fraudulent financial messages. We evaluate classical machine learning models (Logistic Regression, Linear SVM, and Ensemble classifiers) using TF-IDF features alongside transformer-based architectures. Experimental results using 5-fold stratified cross-validation demonstrate that Linear SVM achieves the best performance with 91.59 percent accuracy and 91.30 percent F1 score, outperforming the transformer model (89.49 percent accuracy, 88.88 percent F1) by approximately 2 percentage points. The transformer exhibits higher fraud recall (94.19 percent) but suffers from elevated false positive rates. Exploratory analysis reveals distinctive patterns: scam messages are longer, contain urgency-inducing terms, and frequently include URLs (32 percent) and phone numbers (97 percent), while legitimate messages feature transactional confirmations and specific currency references. Our findings highlight that classical machine learning with well-crafted features remains competitive for multilingual fraud detection, while also underscoring the challenges posed by linguistic diversity, code-mixing, and low-resource language constraints.
Figures & tables
Fig. 1: Distribution of message length (characters) by class.
Fig. 2: Language composition by class.
Fig. 3: Top 20 TF-IDF features with highest SVM weights indicating the scam class.
Fig. 4: Top 20 TF-IDF features with lowest SVM weights indicating the ham class.
Fig. 5: Distribution of digit characters in messages by class.
Fig. 6: Percentage of messages containing URLs and phone numbers by class.
Fake news detection has become an important Natural Language Processing (NLP) task due to the rapid spread of misinformation through online news platforms and social media. While transformer-based models such as BanglaBERT achieve strong performance for Bangla text classification, their quadratic computational complexity makes them less suitable for long-document processing in resource-constrained environments. This paper investigates Mamba-based State Space Models (SSMs) as an efficient alternative for Bangla fake news detection. We propose BanglaMamba and compare it with pre-trained BanglaBERT and a similarly configured BERT model trained from scratch. Experimental results show that BanglaBERT achieves the highest Macro-F1 score (0.9260), while BanglaMamba (0.9029) achieves performance comparable to the from-scratch CustomBERT (0.9057) despite using a different architecture. Meanwhile, BanglaMamba achieves approximately 2.2× higher inference throughput and 49% lower inference peak GPU memory usage than the BERT-based models. Cross-dataset evaluation shows that BanglaBERT generalizes better to an external dataset, highlighting the importance of large-scale pretraining. These findings demonstrate that Mamba-based SSMs can provide a competitive and computationally efficient alternative to Transformer-based architectures for Bangla fake news detection, particularly in resource-constrained settings.
M. K. Khalidi Siam
Department of Computer Science and Engineering BRAC University Dhaka, Bangladesh
Scam phone calls exploit vulnerable communities worldwide, yet research on detection has focused almost exclusively on English and other high-resource languages. In low-resource settings such as Turkish, detection is especially difficult, as annotated data is scarce and technological defenses remain limited. This research investigates how large language models (LLMs) can support scam detection in Turkish by introducing the first public multi-modal dataset of 100 aligned audio-transcript pairs of scam and benign conversations. We evaluate seven LLMs spanning three model families: Gemini 2.5 (Flash, Flash-Lite, Pro), GPT-4o, and Qwen (Max, Plus, Turbo), under three input conditions: raw audio, automatic speech-to-text transcripts, and transcripts refined by a native speaker. Our results suggest that transcript-based inputs consistently outperform direct audio processing, while human-corrected and uncorrected transcripts perform comparably. By centering a low-resource language and real world threat, this work highlights the urgent need for culturally and linguistically inclusive AI safety research and more robust multi-modal systems for fraud prevention.
Arda Eren, Micheal Cheung, Youqian Zhang +2
The Hong Kong Polytechnic University, Hong Kong · The Education University of Hong Kong, Hong Kong
The growing spread of misinformation in digital media highlights the need for reliable fake news detection systems, yet progress in under-resourced languages such as Bangla is limited by small and imbalanced datasets. This study investigates whether Large Language Model (LLM) based augmentation can effectively address this limitation and improve Bangla fake news classification. Existing datasets remain valuable but highly imbalanced, limiting model performance, and LLM based augmentation for Bangla has been scarcely explored. To fill this gap, we propose a systematic augmentation framework that generates synthetic Bangla news articles using the instruction tuned Gemma 3 27B IT model, supported by semantic filtering and controlled subsampling to preserve label consistency and diversity. We compare zero shot and few shot prompting, evaluate multiple augmentation rates, and examine random versus similarity-based selection strategies. Our experiments show that augmenting only the minority class with a high augmentation rate and random subsampling yields the strongest gains, raising the Fake News F1 score from 0.85 to 0.88. To support reproducibility and further research in this low-resource domain, we publicly release 4,545 synthetically generated Bangla fake news samples along with our full implementation. These findings demonstrate that well-designed LLM-driven augmentation can significantly improve fake news detection in low resource settings and provide a practical foundation for advancing multilingual misinformation research.
Ahmed Alfey Sani, Kazi Akib Zaoad, Shefayat E Shams Adib +2
Islamic University of Technology Gazipur, Bangladesh