Fraud with SnapNames.com and DropCatch.com

Discussion in 'Drop Catchers and Expired Domain Services' started by A G CHAUDHARI, Sep 21, 2016.

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  1. A G CHAUDHARI

    A G CHAUDHARI Established Member

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    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 ).

    upload_2016-9-21_12-57-29.png


    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.

    upload_2016-9-21_12-58-32.png

    After understanding this, I immediately raised one support ticket at SnapNames.com as below...

    upload_2016-9-21_13-5-11.png

    I got response within few minutes only to my ticket with below comments-

    upload_2016-9-21_13-5-36.png

    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.

    upload_2016-9-21_13-7-10.png

    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..
     

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    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Addison

    Addison Established Member

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  3. wwwweb

    wwwweb Top Member VIP

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    This is an automated email, no sale could be concluded as the previous owned would not have possession.

    Your theory does not hold water, I understand where you are coming from, but your facts on how these things work are off.
     
  4. A G CHAUDHARI

    A G CHAUDHARI Established Member

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    If you see the automated mail carefully, you will get to know that... Snapnames was already aware about expiration of this domain and then someone privately listed for sale with BuyNow... This was not the case that, listing was older or from previous owner. It was recently added by some private reseller..

    BTW, domain was in 3 days public auction at dropcatch.com after expiration and there was no any domain owner at that time of listing..
     
  5. wwwweb

    wwwweb Top Member VIP

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    Thanks, I see what you are saying, they are front running with the use of an auction houses listing process to help make it look more legit.

    Maybe we should BIN the list, and see what happens.
     
  6. A G CHAUDHARI

    A G CHAUDHARI Established Member

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    Good idea !! You can spend $4,999 :)$:) & try out that.. and let us know !!
     
  7. wwwweb

    wwwweb Top Member VIP

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    Well effectively since they don't own the domain, they couldn't collect my money, hence having their account suspended most likely
     
  8. A G CHAUDHARI

    A G CHAUDHARI Established Member

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    It seems that, you have not tried the checkout and just simply thinking for answers to reply here.

    During immediate checkout SnapNames charges required amount.. (Read the description properly in below snapshot..)

    upload_2016-9-22_10-16-57.png

    The domain is still for sale and account looks still active..
     
  9. wwwweb

    wwwweb Top Member VIP

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    The fact you reported such incident to snapnames, and they can see it has been dropped, and caught, and they did nothing about it is very alarming to say the least.
     
  10. A G CHAUDHARI

    A G CHAUDHARI Established Member

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    This is for peoples awareness and information.. If you want, ignore it..
     
  11. wwwweb

    wwwweb Top Member VIP

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    Are you angry you didn't win the auction?
     
  12. A G CHAUDHARI

    A G CHAUDHARI Established Member

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    Hey, I was written this blog before auction closure.. B-)
    If you read it correctly, you will know that..
     
  13. Haris

    Haris Best Domainer Of The End-Times Business Account VIP

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    Why would you say that? Read again what wwwweb said.

    Snapnames should have verified ownership before listing the domain on their site. Are there any Snapnames' people on this forum?
     
  14. A G CHAUDHARI

    A G CHAUDHARI Established Member

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    yeah.. we should tag someone from snapnames.. anyone is aware about someone from snapnames can tag?
     
  15. A G CHAUDHARI

    A G CHAUDHARI Established Member

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    Also, tag someone from dropcatch.com.
     
  16. anantj

    anantj Active Member VIP

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  17. A G CHAUDHARI

    A G CHAUDHARI Established Member

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  18. DropCatch Support

    DropCatch Support Member DropCatch.com

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    Thank you for tagging us in this post. We are happy to answer any questions anyone may have regarding our platform.In regards to this domain name, we were not aware it was being listed with a buy it now price on another platform.

    If you ever have questions regarding a domain name, the ownership of a domain name, or auction questions, we encourage you to reach out to us, as we are happy to be of any assistance we can with confirming ownership through WHOIS records.

    As to the for sale listing, there is not a whole lot we can provide insight on, other than it is always important to confirm that the selling party does currently maintain ownership of the domain name before making any purchase commitments, but if you have additional questions, let us know!
     
    Last edited: Sep 22, 2016
  19. wwwweb

    wwwweb Top Member VIP

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    It really has nothing to do with dropcatch, moreso with snapnames, and their policies, and the user at snapnames who listed it.
     
  20. Brandingtheweb.com

    Brandingtheweb.com 123Capital.com VIP

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    PLAYRISK.COM last sold for $187 on 2016-09-21 at DropCatch (namebio)
     
  21. A G CHAUDHARI

    A G CHAUDHARI Established Member

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    Thank you for your inputs..
     
  22. A G CHAUDHARI

    A G CHAUDHARI Established Member

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    Yeah.. looks like, there is nothing to do with dropcatch in this case.

    Problem seems to be due to lack of domain ownership verification from Snapnames !!
     
  23. A G CHAUDHARI

    A G CHAUDHARI Established Member

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    @DropCatch Support just curious to know about the reason behind starting 3-day public auction instead of private auction during multiple back-order requests ?
     
  24. wwwweb

    wwwweb Top Member VIP

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    They make more money
     
  25. A G CHAUDHARI

    A G CHAUDHARI Established Member

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    @DropCatch Support Looking for your comments..
     

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