A G CHAUDHARI
Established Member
- Impact
- 554
I got to know about one fraud which someone was trying to do with the help of SnapNames.com and DropCatch.com. I just thought to share about this to make you all aware and be safe.
Below are the details...
Domain "PlayRisk.com" expired 2 days back (on 18-SEP-2016) and caught by DropCatch.com. This domain went into 3-days public auction as there were multiple users who requested
to catch this domain. I was also one of the user who back-ordered this domain on both SnapNames.com and DropCatch.com.
During this 3-days public auction at DropCatch.com, I got mail on 20-SEP-2016 from SnapNames.com that, "PlayRisk.com" domain is available at SnapNames.com for BuyNow price $4,999
with comments ( Due to potential high demand by other interested parties, SnapNames cannot guarantee that these names will be available for long. In the event it is already sold,
the domain name will appear as available for back-order when clicking on the link above ).
So immediately after doing some analysis, I got to know that... There might be a case that, someone is trying to sale this domain at SnapNames with BuyNow price before the 3-day public auction closure at DropCatch.com. So If someone buys this domain at SnapNames with BuyNow price on the same day, the fraud'er will have time to bid at DropCatch.com auction and do the bidding accordingly.
After understanding this, I immediately raised one support ticket at SnapNames.com as below...
I got response within few minutes only to my ticket with below comments-
The surprising thing is... Even after receiving SnapNames acknowledgement 20 hours now (till writing this blog), I am seeing this listing is still active with BuyNow price at snapnames and still there are 10 hours for auction closure at DropCatch.com.
So here the case is that, Fraud'er is trying to sell domain for which he is not the owner yet and trying to make bidding decision accordingly.
This is caused due to public auction at DropCatch.com for domain backorder's. From my view, If someone is back-ordered some domain and If there are multiple requests, auction should be private not public.
This situation might cause in future, so be aware... Over to you for your thoughts..
Below are the details...
Domain "PlayRisk.com" expired 2 days back (on 18-SEP-2016) and caught by DropCatch.com. This domain went into 3-days public auction as there were multiple users who requested
to catch this domain. I was also one of the user who back-ordered this domain on both SnapNames.com and DropCatch.com.
During this 3-days public auction at DropCatch.com, I got mail on 20-SEP-2016 from SnapNames.com that, "PlayRisk.com" domain is available at SnapNames.com for BuyNow price $4,999
with comments ( Due to potential high demand by other interested parties, SnapNames cannot guarantee that these names will be available for long. In the event it is already sold,
the domain name will appear as available for back-order when clicking on the link above ).
So immediately after doing some analysis, I got to know that... There might be a case that, someone is trying to sale this domain at SnapNames with BuyNow price before the 3-day public auction closure at DropCatch.com. So If someone buys this domain at SnapNames with BuyNow price on the same day, the fraud'er will have time to bid at DropCatch.com auction and do the bidding accordingly.
After understanding this, I immediately raised one support ticket at SnapNames.com as below...
I got response within few minutes only to my ticket with below comments-
The surprising thing is... Even after receiving SnapNames acknowledgement 20 hours now (till writing this blog), I am seeing this listing is still active with BuyNow price at snapnames and still there are 10 hours for auction closure at DropCatch.com.
So here the case is that, Fraud'er is trying to sell domain for which he is not the owner yet and trying to make bidding decision accordingly.
This is caused due to public auction at DropCatch.com for domain backorder's. From my view, If someone is back-ordered some domain and If there are multiple requests, auction should be private not public.
This situation might cause in future, so be aware... Over to you for your thoughts..
