1. Welcome to DNTrade. If you want to find out about the latest domain name industry news or talk, share, learn, buy, sell, trade or develop domain names - then you've come to the right place. It's a diverse and active community, with domain investors, web developers and online marketers - and it's free! Click here to join now.
    Dismiss Notice

Domain name theft

Discussion in 'General Domain Discussion' started by DomainMarketPlace, Aug 5, 2009.

  1. DomainMarketPlace

    DomainMarketPlace Membership: Community

    Jul 15, 2008
    Likes Received:
  2. neddy

    neddy Membership: VIP

    Oct 17, 2008
    Likes Received:
    auDA Member:
    Thanks for posting that story DMP - what an amazing tale. Whilst I certainly haven't had any stolen in the literal sense (I have sold some domains at prices that could be considered a "steal" :eek:), I intend to check my portfolio more often. Prevention is obviously better than cure!

    Cheers, Ned
  3. loho27

    loho27 Membership: Community

    Jun 18, 2009
    Likes Received:
    The Worlds Largest Register

    This actually happened to with the "worlds largest registrar".

    I had a small domain for sale on there trading platform for a modest sum of $350.

    After several month's a gmail account managed to buy the domain at the asking price. The WLR (worlds largest regitrar) sent me notification and told me not to release the domain untill they had received th funds. I waited about 4 days and promptly got notification that they had received the funds.

    I followed the response trail via the WLR system and got an error response from the system.

    I immediately notified the WLR that the purchases email could not be verified. I told them that this was in every likely hood that this was a fraudulent purchase via a dodgy credit card.

    They assured me that it was ok, and if I was worried to push the domain through to there holding account, and if it was fraudulent "they would wear the loss" (exact words), which I did.

    14 days latter I received the funds in my Pay Pal account.

    Two days latter, I got an email asking me to return the funds and they would return the domain.

    I said I would gladly return the funds once the domain was back in my account. They refused.

    As a consequence they now own my domain and I have the funds.

    The WLR is not infallible and really lacks common sense.

    Blind Freddy told me it was a fraud from my first email, I advised them of this and proceeded with caution.

    The old days it was "buyer beware" today its "seller beware"

    Kind Regards