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information Expired domain “held for ransom” by a "domain squatter"

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A UK foster agency used the domain name littleacornsfostering.com for many years but failed to renew it earlier this year. Someone bought the expired domain and is asking the company for £9,000 if it wants to buy the domain.
First, I’m surprised that the agency didn’t notice the domain expired during the required DNS disruption. This is a period of at least eight days that the registrar must change the DNS to alert the owner that the domain has expired...
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Couldln't them fire a report to get it back.
 
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Wow, this is the kinda of cr@p that gives domainers a bad name. Guys like this are the reason why some business owners hate domainers.
 
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Why I see they own the domain from 2012 - 2018, no break? How could this be?
And the site is down after they finally got it back?
 

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