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A successful and very lucrative internet scam that has been in progress for about four years now has been busted this week by the United States Federal Trade Commission.  This scam was designed by some savvy internet thieves who utilized a massive fraud network of very small charges across a large number of card holders, resulting in the theft of millions of dollars from unsuspecting consumers across the United States.  This is one of the many scams that have occurred over the last few years.  The credit card industry continues to remain vulnerable to the threat of hackers despite advanced security systems used to protect data.

The Scam

The details of the scam and the specifics of who was behind it have yet to be determined.  What authorities do know is that it has provided a very valuable and expensive lesson about the importance of secure credit card systems and protecting consumers from this type of fraud.

What happened was that the scam artists responsible for the theft found loopholes in the credit card processing systems. The

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The following post is by Fred from OnlineBanksBlog.com, a personal finance site focused on helping people find the best bank rates.

The number of banking products available today compared to the number available just ten years ago is astounding. Online savings accounts and checking accounts have changed the way consumers bank. Now, with the advent of these online accounts, I find myself wondering whether money market accounts are still relevant.

Money Market Accounts Historically

In times past, most financial advisers have touted the money market savings account (often called an MMA) as the way to save money for the short- or medium-term.

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The U.S. Open is in full swing, and ticket resellers are serving great deals—at least if you’re interested in catching players in early rounds before the competition really heats up.

Prices for the first rounds of the tournament, which began Monday and wraps up Sept. 12, are lower than last year’s. First-round tickets are currently going for $109, a 13% decrease, according to ticket-search site FanSnap.com. Even quarterfinals prices, at an average $247 per ticket, are 12% cheaper than in 2009.

Like other major sporting events, the U.S. Open is still recovering from consumers’ cutbacks during the recession. “Dema

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