iiNetAustralia asked:

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alison asked:


I have $50,000 in Bank of America. They make me mad because they still charge a $6.95 monthly fee for checking. I see that on zecco.com, the trading site, they offer 5% interest on your account. That’s better than my CD. If I move all of my money there, how do I know it’s safe? I always wonder about that, with insurance companies, or any company offering good returns. How do you really know they won’t take your money and run?

Mountain Girl asked:


I purchased expedition travel insurance from IHI – http://www.ihi.com/english.asp but my bank refused the charge saying that they thought it was fraudulent (which isn’t surprising, because I’m sending a lot of money to a company in Denmark). They said to have the insurance company resubmit it. I hadn’t considered that the company I found on the Internet might actually be fraudulent. The whois record seems to check out – but how else would I be able to tell? Are there any resources out there to check this kind of thing?

Thanks for any input.