scam

California Approaches Court for Enforcing Subpoena Against Moody’s

Jerry Brown, the Attorney General of California, has said that he will take Moody’s Investment Service Inc., a New York based credit rating agency, to Court as the company is refusing to comply with the state subpoena.

The subpoena asks for certain documents needed for an inquiry into the company’s evaluation of mortgage backed securities, which were seen as a key reason behind the financial crisis. It is suspected that the company indirectly had a role to play in the crisis and the subsequent economic recession. [Read more…]

How to Protect Yourself from Debit Card Fraud

Every year, millions of dollars are swindled in debit card frauds. These highly useful instruments are as valuable to unscrupulous people as they are to the owners because they offer an easy way to access personal bank accounts. That is why debit cards and card details must be used and stored with great care to ensure that unauthorized persons do not get access to them. Some basic precautions can ensure that a debit card is safe from misuse. [Read more…]