Dan.com stole my $

[ksusha64]

Dan.com accepted the $ for the domain they knew they did not have. I have proof they didn't have that domain and accepted money anyway. They refunded $4,000 short for the name. They are breaking the law by not keeping your $ in secure escrow account. Instead they returned $4,000 less from different BANK, different COUNTRY, and shorted me $4,000.
I demand they return the $ I paid for the name. They held the $ for 1 week!!! and returned $4,000 short.
Dan.com is complete scam. They refusing to deal with details. I will post screen shots and proof.

 

[bmugford]

I already put up the numbers here. Its in this chat. They shorted me $4,000

A screenshot here does not need to include bank account number, routing numbers, other transactions, etc. You can redact all the irrelevant/sensitive information.

All you need is a statement that shows the amount going out for the payment, then the amount coming in for the refund.

Brad

 

[ksusha64]

I have 700+ positive reviews on transactions on namepros. Probably most out of any people on this platform.
This is the first time I ever got cheated domaining.

 

[ksusha64]

I hope none of you get cheated in same situation by dan.com. If anything, I probably stopped them from doing it to one of you.

 

[ksusha64]

I stated my case. I am waiting for dan.com to contact me privately. I am ready to provide any info they ask for related to this transaction.

 

[bmugford]

I have 700+ positive reviews on transactions on namepros. Probably most out of any people on this platform.
This is the first time I ever got cheated domaining.

I have no idea what happened. I am willing to entertain what you are saying, but you need some type of evidence.

In the same situation I could pull up my bank account history (and redact any sensitive information) then show a payment going to Dan.com for $4K more than the refund coming back in.

Both of those transactions should show on your bank account. No one is looking for sensitive financial information, just those (2) transactions.

Brad

 

[bmugford]

I stated my case. I am waiting for dan.com to contact me privately. I am ready to provide any info they ask for related to this transaction.

Fair enough. Responding here is probably not that helpful at this point then.

Brad

 

[jberryhill]

Then they wait whole business week to return it. Proving they wanted to hold the money until unfavorable rate.
all facts

First off, I don't know of any bank that posts wires on Sunday. Yes, there is a time lag between the time you asked your bank to send the wire, and when the wire was posted as received by @DAN.COM

But, more importantly, your statement above is purely insane. How did @DAN.COM know what the exchange rate was going to be later in the week?

Are you telling us that @DAN.COM can accurately predict currency movements? But instead of making a fortune simply trading currencies, they use that psychic skill and knowledge to not even make any money on a transaction with you? They have an inside line to NATO Command, and they knew that all of the EU countries were going to threaten economic sanctions if your country invades Ukraine? Is that how they did it?

I think the big story here is that @DAN.COM is wasting its time on a domain platform. They could be making a killing in the foreign exchange markets.

The currency could just as well have moved the other way, and you would have gotten MORE of your rupees back.

But they did all this just to spite you, and they didn't even make any money in the process. Why? What was the motive?

I am ready to provide any info they ask for related to this transaction.

So, in your first post, when you said you would followup with screenshots, you were lying. Is that it?

 

[jberryhill]

Did you actually pay in EUR or was your payment in another currency, then converted to EUR...then refunded in EUR.

What seems to have happened is that @ksusha64 paid in her native dinars, baht, rupees, or whatever, and Dan.com was actually paid in EUR. Then, Dan.com issued the identical refund in EUR, which was converted back to whatever currency @ksusha64 has in her bank.

When you send funds of course you know exchange rate. You are not psychic, you google the rate.

You said they held the money for several days so that they could send your refund when the rate was less favorable. How did they know in advance that it would be going down?

 

[jberryhill]

The problem there is...

...there wasn't that much of a currency swing between Monday and Friday in EUR/USD. So if you are claiming you originated the transaction in dollars, then why are you saying they waited until the exchange rate would be worse?

 

[Joe N]

yes

I don't see how. Currency is currency. It has nothing to do with race. And the explanation makes sense.

I understand you being upset about the situation, but lashing out at people trying to help is unnecessary.

 

[ksusha64]

The problem there is...

Show attachment 206162

Show attachment 206163

...there wasn't that much of a currency swing between Monday and Friday in EUR/USD. So if you are claiming you originated the transaction in dollars, then why are you saying they waited until the exchange rate would be worse?

I got paid $4,000 less, I obviously have all receipts to prove it. I would have to prove it to dan.com to get refunded. I asked dan.com to contact me to refund me for my losses.

 

[ksusha64]

If anyone here wants to refund me my losses I am happy to send you private info. That includes you mr. lawyer.

 

[ksusha64]

I did not do anything wrong except I trusted dan.com with my $.

 

[ksusha64]

Nobody has ever had similar situation with dan.com and got returned the RIGHT amount.

 

[wot]

And if the currency rate had gone the other way?

And it appears that comments posted here could be libelous?

 

[ksusha64]

The rate should be fixed. You should return on same rate I paid for the domain,

 

[ksusha64]

Dan.com
1. Accepted the $ for domain they didn't have,
2 Held money for unreasonable time.
3. Returned less money than I paid.

 

[jberryhill]

I don't see how. Currency is currency.

Well, some currencies are more volatile than others. The OP is claiming that they lost $4,000 on a $58,000 round trip transaction, and now appears to have converged on exchange rate fluctuations as the reason for the round-trip loss. The OP does not explain why Dan.com did this, since Dan.com does not make any money by refunding, in euros, the amount they received in euros.

Nevertheless, absent roundtrip fixed fees, we are talking about an exchange rate swing of about 6.9%. The USD and Euro did not do that last week.

So, if we are talking about a currency which moved several percentage points relative to the Euro last week, we must certainly be talking about a very volatile and unstable currency relative to either the Euro or the USD.

Now, that said, there are certainly banks which charge ridiculous fees, or have a huge buy/sell spread on foreign exchange transactions. For example, if you are familiar with the ATM "do you want us to convert from dollars" scam that many banks use, then how your particular bank deals with incoming transfers in other currencies can make a huge difference.

However, there was no fluctuation of exchange rates between Euros and USD last week which is capable of supporting the claim that Dan.com waited until the rate would be worse, for no apparent reason than spite.

 

[Joe N]

Well, some currencies are more volatile than others. The OP is claiming that they lost $4,000 on a $58,000 round trip transaction, and now appears to have converged on exchange rate fluctuations as the reason for the round-trip loss. The OP does not explain why Dan.com did this, since Dan.com does not make any money by refunding, in euros, the amount they received in euros.

Nevertheless, absent roundtrip fixed fees, we are talking about an exchange rate swing of about 6.9%. The USD and Euro did not do that last week.

So, if we are talking about a currency which moved several percentage points relative to the Euro last week, we must certainly be talking about a very volatile and unstable currency relative to either the Euro or the USD.

Now, that said, there are certainly banks which charge ridiculous fees, or have a huge buy/sell spread on foreign exchange transactions. For example, if you are familiar with the ATM "do you want us to convert from dollars" scam that many banks use, then how your particular bank deals with incoming transfers in other currencies can make a huge difference.

However, there was no fluctuation of exchange rates between Euros and USD last week which is capable of supporting the claim that Dan.com waited until the rate would be worse, for no apparent reason than spite.

Yes, the explanation made sense to me. I just meant I didn't understand how referencing specific currencies could be racist.

 

[mr-x]

Yes, the explanation made sense to me. I just meant I didn't understand how referencing specific currencies could be racist.

That's because it's not.

 

[blogspotter]

I don't care so much about the drama but other than front running, i don't think fake listing is a big deal. Just do yoir due deligence if you want to purchase. When you buy several names every day it is a pain in the ass to get them verified as legit seller and the best thing about dan is trusting the seller for their word when we ask them to delete and list a name i just bought. Otherwise it is a chore for Sedo and yet you still have the problem of people not deleting expired or sold names.
I don't think we even need to open that nest just because some of you can't wait to pull the trigger.

Regarding exchange rate loss, i lose 10% on an average on every refund and that is on my country of origin and my bank. Which is why I have now opened an US bank. Not figured out what to do about euro/dan but the 10% loss is something i never expected the refunder to pay. Happens even on paypal refund fml

 

[Xiberia]

Last time I travelled I exchanged 500 USD and got EUR 400. When I came back I exchanged EUR 400 and only got 400 USD. When will Dan refund my 100 USD?

 

[forge]

"You are one of dumbest lawyers in domaining."

 

[jberryhill]

This is country of immigrants.

Indeed. Including my mother. I tried really hard not to discriminate against her, but I had to insist on someone else feeding me and changing my diapers when I was an infant. It was so hard to live with her for all those years growing up, but somehow I managed.

Even though I was born here and she wasn't, we did have one thing in common. Neither one of us spoke a word of English when we got here.

They intentionally waited for the day of worst rate exchange

You still haven't explained why they did that, or how could they have known it was going to get worse.

And, yes, everyone here is aware that you can know the current exchange rate. The problem with your theory is that it requires them to "intentionally wait[] for the day of worst rate exchange". In order to do that, they would have to know which way it was going.

Another thing that anyone can do is to look at currency fluctuation charts for the last week. I posted the relevant part of the USD/EUR chart.

The problem is that the actual rate (as opposed to the buy/sell rate spread of banks) fluctuated more in the course of several single days last week, than it changed for the entire rate.

I found a better chart, and it's kind of amusing. Here are Dollars to Euro last week, with an index on Monday and on Friday:

And here's the week in rubles:

From the directions of the graphs on those charts, I believe that most Namepros readers can figure for themselves what would be the effectiveness of Dan.com having "intentionally waited for the day of worst rate exchange". Because if we are talking about EUR/USD, then they should have refunded you on Tuesday, if they intended to get the worst exchange rate of the week.

But, the fluctuations in neither of these currencies is as big as the cut apparently taken by your bank when it did the conversion in the first place. Dan.com is not responsible for what your bank charges you to convert foreign currency transactions. Dan.com would have no way of knowing that rate and, of course, Dan.com is not responsible for your choice of currency or banks.

 

[jberryhill]

People who paid you for services should get their money back.

Okay, but I'm refunding them in dollars. If their bank charges exorbitant fees for foreign currency transactions, I'm not going to make up the difference.