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prague7

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Ooer - this one's going to run for a while... :O

From DomainNameNews:
SnapNames User Name “Halvarez” Was Nelson Brady, VP of Engineering Bidding on Domain Names [Updated]
[Updated] According to a statement from Oversee.net’s SnapNames, an employee was found to have bid in 5% of their auctions since 2005 and in some cases arranged for a partial refund of the sales price after winning an auction. DNN also confirmed the bidder as Nelson Brady, the VP of Engineering. He was bidding under the username “halvarez”.

From Snapnames:
SnapNames User Name “Halvarez” Was Employee Bidding on Domain Names
To avoid any question about whether the company benefited from this conduct, SnapNames will offer a rebate to impacted customers, including 5.22% interest (the highest applicable federal rate during the affected time period), of the difference between the prices they paid in winning auctions, and the prices they would have paid had the employee not bid in the auctions. Impacted customers will be notified by SnapNames or its representative with instructions for the offer of a rebate.

SnapNames also has taken further action to ensure its policies regarding auctions are followed, and the company remains committed to taking whatever action is necessary to protect the integrity of its auction platform.

SnapNames deeply regrets this situation and is committed to addressing its customers’ needs quickly and fairly.

There's also a FAQ page at Snapnames
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
Is Halvarez the only one?

Hi Guys,

I hate to be boring but I posted concerns to this forum nearly 3 years ago suspecting shill bidding on Snapnames from the alias poorman.

The auction I got my fingers burnt in was for dubaiproperty.com - I have pasted two horse race part of the auction below...

Auction End Time: 14-Jan-2007 12:15 PST

Bidder Date Bid Amount Comment
joe king 16-Jan-2007 06:55 PST $20,000.00 Completed
joe king 12-Jan-2007 10:24 PST $20,000.00 Bid Placed
poorman 12-Jan-2007 10:24 PST $19,998.00 Bid Placed
joe king 11-Jan-2007 18:07 PST $18,749.00 Bid Placed
poorman 11-Jan-2007 18:07 PST $18,499.00 Bid Placed
joe king 11-Jan-2007 16:50 PST $18,249.00 Bid Placed
poorman 11-Jan-2007 16:50 PST $17,999.00 Bid Placed
joe king 11-Jan-2007 16:50 PST $17,749.00 Bid Placed
poorman 11-Jan-2007 16:50 PST $17,499.00 Bid Placed
joe king 11-Jan-2007 16:40 PST $17,249.00 Bid Placed
poorman 11-Jan-2007 16:40 PST $16,999.00 Bid Placed
joe king 11-Jan-2007 16:40 PST $16,749.00 Bid Placed
poorman 11-Jan-2007 16:40 PST $16,499.00 Bid Placed
joe king 11-Jan-2007 16:39 PST $16,249.00 Bid Placed
poorman 11-Jan-2007 16:39 PST $15,999.00 Bid Placed
joe king 11-Jan-2007 16:39 PST $15,749.00 Bid Placed
poorman 11-Jan-2007 16:39 PST $15,499.00 Bid Placed
joe king 11-Jan-2007 14:40 PST $15,249.00 Bid Placed
poorman 11-Jan-2007 14:40 PST $14,999.00 Bid Placed
joe king 11-Jan-2007 14:40 PST $14,250.00 Bid Placed
poorman 11-Jan-2007 14:40 PST $14,000.00 Bid Placed
joe king 11-Jan-2007 14:39 PST $13,250.00 Bid Placed
poorman 11-Jan-2007 14:39 PST $13,000.00 Bid Placed
joe king 11-Jan-2007 14:39 PST $12,450.00 Bid Placed
poorman 11-Jan-2007 14:39 PST $12,200.00 Bid Placed
joe king 11-Jan-2007 14:15 PST $11,950.00 Bid Placed
poorman 11-Jan-2007 14:15 PST $11,700.00 Bid Placed
joe king 11-Jan-2007 14:10 PST $10,250.00 Bid Placed
poorman 11-Jan-2007 14:10 PST $10,000.00 Bid Placed
joe king 11-Jan-2007 14:10 PST $7,995.00 Bid Placed
poorman 11-Jan-2007 14:10 PST $7,895.00 Bid Placed
joe king 11-Jan-2007 14:09 PST $6,101.00 Bid Placed
poorman 11-Jan-2007 14:09 PST $6,001.00 Bid Placed
joe king 11-Jan-2007 14:09 PST $5,101.00 Bid Placed
poorman 11-Jan-2007 14:09 PST $5,001.00 Bid Placed
joe king 11-Jan-2007 14:09 PST $4,100.00 Bid Placed
poorman 11-Jan-2007 14:09 PST $4,000.00 Bid Placed
joe king 11-Jan-2007 14:09 PST $2,600.00 Bid Placed
poorman 11-Jan-2007 14:09 PST $2,500.00 Bid Placed
joe king 11-Jan-2007 14:09 PST $1,550.00 Bid Placed
poorman 11-Jan-2007 14:09 PST $1,500.00 Bid Placed
joe king 11-Jan-2007 11:50 PST $1,050.00 Bid Placed
...I have omitted other peoples identities from hereon...

I also found the following auction involving 'poorman' which has a similar bidding pattern...

http://www.namepros.com/domain-name-discussion/182874-bayblogs-com-live-auction-at-snapnames.html

In both cases, poorman would have been fully aware of the fact that proxy bids had been left on both of these auctions - either courtesy of insider information or by watching the timing and incremental increases of counter bids. With this knowledge, poorman would then be fully aware either way of the maximum proxy bid and thus would be able to make a final bid based upon this.

In the case of my $20,000 auction, poorman would have known that the proxy bid was $20,000 but decided not to bid again to see if they could clinch the sale. A little suspect when one is prepared to pay $19,998 for a domain name (a large sum of money) but not willing to try a that little extra over the remaining 44 hours of the 72 hour auction.

In the case of the babyblogs.com auction, again, poorman was willing to pay $999 but knowing that the proxy bid was $1,000 was not willing to pay the extra to try and clinch the sale despite having more than 48 hours to do so.

Now of course, poorman with 'insider-style' knowledge did not have to be an employee of Snapnames but could have been an employee with bogus contact details in their account - especially if they were colluding with Snapnames to guarantee top dollar for auctions with proxy bids.

In both cases Snapnames.com were guaranteed the maximum proxy bid - nice business model.

Has anyone got any advice for me or had similar experiences with poorman?

Furthermore, has anyone got any advice for me with regards to legal action? I am considering joining the class action case being taken up by Cueto Law Group: Miami International Law Attorney: Santiago Cueto Global Business Lawyer: International Litigation and Arbitration

Thanks for your help,

Joe
 
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I suspect that there were (and maybe still are) other shill accounts at Snapnames; however, I do believe it becomes a bit tricky when you have just suspicions.

What if your competitor is innocent? Then you have outted his name for nothing.

On the other hand, how do we find out trends if we don't share information?

I'm wondering if there is a way that a trusted member who has the ability and program to crunch the numbers could gather info via PM?

In other words, suspicious activity could be tracked without outting someone who may simply be a frequent bidder, not a shill. Also, only one or two people would have the aliases of the suspicious bidders, who would only be outted if there is overwhelming evidence against them.

I hope that we can agree that innocent bidders, for their financial security, should retain their privacy.

;)


*
 
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You are absolutely correct about 'outing' innocent people. I was assuming that the name poorman was an alias.
 
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You are absolutely correct about 'outing' innocent people. I was assuming that the name poorman was an alias.

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True, but even aliases can be easy to figure out.

If the other bidder beats you, wait a few days, and look the domain up, and, chances are, you will figure out who the bidder is--unless its a proxy registration or a third-party bidder.


*
 
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Hi Joe, I was in watching that auction, as were a couple of other namepros members I know of, one of them assured me they know who the bidder poorman is so maybe they will contact you with more info ?

It does look a bit suspect but I know of another name poorman won at snapnames, I'll sent the details by PM so you can contact them, I doubt they would have a problem talking to you considering this whole Halvarez scam.

I seem to be one of few that does'nt for one minute beleive Nelson Brady would have just used one bidding ID all these years considering all the talk on the forums about him :|


Personally I think you did really well getting it for that price but it was way out of my league :bingo:

PM sent !

.
 
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True, but even aliases can be easy to figure out.

If the other bidder beats you, wait a few days, and look the domain up, and, chances are, you will figure out who the bidder is--unless its a proxy registration or a third-party bidder.


*


Ms Domainer,

JoeKing did not have the opportunity to look up the ID of the bidder from a winning bid, because every record of that user involved the user bidding *just under* the proxy bids of others, thereby appearing to have inside knowledge of bid amounts. If an ID never wins, then there is no way to determine that ID's legitimacy, and it certainly smells of "shill" that it has $19,998 to spend on a single domain (And thousands more to spend on others), yet never ended up winning a single auction that we have found.

JoeKing - can you post the times of the original bids, redacting the names of the bidders other than you and PoorMan (And Halvarez, if he was in that auction. If Halvarez was not in that auction, that would make me even more suspicious.).

I still fall back to the position that if Nelson was crafty enough to cheat Oversee/Snap by himself for years by using the name "Halvarez," then I hardly believe that was the only way he found to remove money from our wallets. If he was not crafty enough to outsmart Oversee/Snap for years by himself, well, everything should be suspect.

Best of luck to JoeKing,
-Allan :gl:

---------- Post added at 04:08 PM ---------- Previous post was at 04:03 PM ----------

(Post-add: http://www.namepros.com/280115-big-dubai-domain-at-snapnames-4.html - deb knows "poorman" that well? If he's that active, we should see a lot more of him!)

---------- Post added at 04:08 PM ---------- Previous post was at 04:08 PM ----------

(Post-add: http://www.namepros.com/280115-big-dubai-domain-at-snapnames-4.html - deb knows "poorman" that well? If he's that active, we should see a lot more of him!)
 
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You are absolutely correct about 'outing' innocent people. I was assuming that the name poorman was an alias.

Joe,

Did poorman ever contact you in response to your request to Deb? Deb seems to know too much though. :]
 
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If Halvarez was not in that auction, that would make me even more suspicious.).

Halvarez was'nt in the auction....but that don't mean Brady was'nt :tri:






.
 
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Halvarez was'nt in the auction....but that don't mean Brady was'nt :tri:

.

Agreed, as stated before. My bid of $9 US for a reg fee domain ends up costing me $200. All because I was stupid enough to place a proxy bid of $200! Not thinking I will be cheated by a trusted partner of the Domaining Industry. Unfortunately not like my Dreams, this nightmare is real and it's damaging prices and profits of our industry for years to come.

Life's to short for me to describe how betrayed I feel.

Take my loss of $200 and multiply that by x amount of domains/customers they cheated.

The Boys n Girls in Blue will do the math for us and expose (MR.X and his associates)

Anyone know the time?

COUNTDOWN TO JAIL:

XX:XX:XV:XII IV
 
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JoeKing - can you post the times of the original bids, redacting the names of the bidders other than you and PoorMan (And Halvarez, if he was in that auction. If Halvarez was not in that auction, that would make me even more suspicious.).

Allan, Halvarez (bless his cotton socks) was not in this auction but here you go... bear in mind I left a proxy bid of $20,000...

Auction End Time: 14-Jan-2007 12:15 PST

Bidder Date Bid Amount Comment
joe king 16-Jan-2007 06:55 PST $20,000.00 Completed
joe king 12-Jan-2007 10:24 PST $20,000.00 Bid Placed
poorman 12-Jan-2007 10:24 PST $19,998.00 Bid Placed
joe king 11-Jan-2007 18:07 PST $18,749.00 Bid Placed
poorman 11-Jan-2007 18:07 PST $18,499.00 Bid Placed
joe king 11-Jan-2007 16:50 PST $18,249.00 Bid Placed
poorman 11-Jan-2007 16:50 PST $17,999.00 Bid Placed
joe king 11-Jan-2007 16:50 PST $17,749.00 Bid Placed
poorman 11-Jan-2007 16:50 PST $17,499.00 Bid Placed
joe king 11-Jan-2007 16:40 PST $17,249.00 Bid Placed
poorman 11-Jan-2007 16:40 PST $16,999.00 Bid Placed
joe king 11-Jan-2007 16:40 PST $16,749.00 Bid Placed
poorman 11-Jan-2007 16:40 PST $16,499.00 Bid Placed
joe king 11-Jan-2007 16:39 PST $16,249.00 Bid Placed
poorman 11-Jan-2007 16:39 PST $15,999.00 Bid Placed
joe king 11-Jan-2007 16:39 PST $15,749.00 Bid Placed
poorman 11-Jan-2007 16:39 PST $15,499.00 Bid Placed
joe king 11-Jan-2007 14:40 PST $15,249.00 Bid Placed
poorman 11-Jan-2007 14:40 PST $14,999.00 Bid Placed
joe king 11-Jan-2007 14:40 PST $14,250.00 Bid Placed
poorman 11-Jan-2007 14:40 PST $14,000.00 Bid Placed
joe king 11-Jan-2007 14:39 PST $13,250.00 Bid Placed
poorman 11-Jan-2007 14:39 PST $13,000.00 Bid Placed
joe king 11-Jan-2007 14:39 PST $12,450.00 Bid Placed
poorman 11-Jan-2007 14:39 PST $12,200.00 Bid Placed
joe king 11-Jan-2007 14:15 PST $11,950.00 Bid Placed
poorman 11-Jan-2007 14:15 PST $11,700.00 Bid Placed
joe king 11-Jan-2007 14:10 PST $10,250.00 Bid Placed
poorman 11-Jan-2007 14:10 PST $10,000.00 Bid Placed
joe king 11-Jan-2007 14:10 PST $7,995.00 Bid Placed
poorman 11-Jan-2007 14:10 PST $7,895.00 Bid Placed
joe king 11-Jan-2007 14:09 PST $6,101.00 Bid Placed
poorman 11-Jan-2007 14:09 PST $6,001.00 Bid Placed
joe king 11-Jan-2007 14:09 PST $5,101.00 Bid Placed
poorman 11-Jan-2007 14:09 PST $5,001.00 Bid Placed
joe king 11-Jan-2007 14:09 PST $4,100.00 Bid Placed
poorman 11-Jan-2007 14:09 PST $4,000.00 Bid Placed
joe king 11-Jan-2007 14:09 PST $2,600.00 Bid Placed
poorman 11-Jan-2007 14:09 PST $2,500.00 Bid Placed
joe king 11-Jan-2007 14:09 PST $1,550.00 Bid Placed
poorman 11-Jan-2007 14:09 PST $1,500.00 Bid Placed
joe king 11-Jan-2007 11:50 PST $1,050.00 Bid Placed
XXXXX 11-Jan-2007 11:50 PST $1,000.00 Bid Placed
joe king 11-Jan-2007 11:49 PST $925.00 Bid Placed
XXXXX 11-Jan-2007 11:49 PST $900.00 Bid Placed
joe king 11-Jan-2007 11:49 PST $825.00 Bid Placed
XXXXX 11-Jan-2007 11:49 PST $800.00 Bid Placed
joe king 11-Jan-2007 11:48 PST $725.00 Bid Placed
XXXXX 11-Jan-2007 11:48 PST $700.00 Bid Placed
joe king 11-Jan-2007 11:48 PST $525.00 Bid Placed
XXXXX 11-Jan-2007 11:48 PST $500.00 Bid Placed
joe king 11-Jan-2007 11:44 PST $330.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $320.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $100.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $100.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $80.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $64.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $61.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $61.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
poorman 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid
XXXXX 11-Jan-2007 11:44 PST $60.00 Initial Bid

Essentially a two-horse race from the early stages ensuring the proxy bid was achieved before I could reduce my bid - then nothing for two days...probably booking his Caribbean holiday on those days...

Poorman's last incremental bid could have dangerously short changed Snapnames of $1 - either his maths wasn't so good or he wanted to inject some form of realism.

It all looks perfectly natural to me - who could possibly believe that there would be shill bidding under Snapnames' roof?

Am I being cynical if I say that judging by the size of poorman's incremental bids he looked determined to win the bid at all costs? Surely he wasn't just determined to get to within a whisker away from the 'unknown' proxy bid? Surely not at Snapnames?

With the babyblogs.com auction, poorman seems similarly determined to win with a bold initial bid (http://www.namepros.com/domain-name-discussion/182874-bayblogs-com-live-auction-at-snapnames.html) but not as overzealous as in the dubaiproperty.com bid - maybe due to a lower proxy bid of$1,000 - not to say he was privy to that sort of information, of course.

Again, am I being cynical or was poorman 'clever' enough to change his bid to end in 999 (poorman 11-Jan-2007 14:40 PST $14,999.00 Bid Placed) early on enough to not look too suspicious but also early on enough to ensure he didn't accidentally win - there's nothing worse than winning an auction you don't intend to win.

Elementary my dear.

Joe,

Did poorman ever contact you in response to your request to Deb? Deb seems to know too much though. :]

Deb never did get back to me despite assuring me that they knew poorman. They also said poorman would contact me - nearly three years later, I am still waiting...
 
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"I am shocked, shocked to find that gambling is going on in here!"

Geez, Ebay should come in and take over!

With their sterling reputation and squeaky clean bidness practices, Ebay will restore confidence in a matter of seconds...no wait make that NANOSECONDS!

:O

Let's face it, both "Max Bid" and online gambling rely on the honesty of the hosting institution, if there is none, then you're worse off than being blind drunk, at the strip club with pockets full of cash and the ladies have their hands in there...

:lala:
 
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Folks, before you sign up for any class action do some research --- often the lawyers get most of the settlement.

Regardless there is no hurry.
 
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wise words, likewise before you take the rebate...
Things will start unfolding sooner than later ...
 
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Perhaps I'm a bit of a rube here, and I certainly don't mean to be disrespectful. But frankly, if I were to bid for a domain that was worth any amount over a few hundred dollars, I would monitor the auction personally, and not post any proxy amounts in the first place. Without the proxy, there is no inside collusion, other than perhaps your bidding patterns from other auctions, or unless you have a legit competitor using proxies. If needed, I could always come back on the last scheduled day and put in a higher bid and see if there are any proxies in play from others. I realize that one may be bidding on hundreds of domains at at time, but I don't think one is bidding on hundreds of domains with bid amounts in the five figures at a time.

Could someone enlighten me just a tad here? My own strategy is to pick up domains on the 5$ godaddy site for a quick 50-100 dollar flip, so I'm not really in the know here when it comes to high-level domains.
 
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Perhaps I'm a bit of a rube here, and I certainly don't mean to be disrespectful. But frankly, if I were to bid for a domain that was worth any amount over a few hundred dollars, I would monitor the auction personally, and not post any proxy amounts in the first place. Without the proxy, there is no inside collusion, other than perhaps your bidding patterns from other auctions, or unless you have a legit competitor using proxies. If needed, I could always come back on the last scheduled day and put in a higher bid and see if there are any proxies in play from others. I realize that one may be bidding on hundreds of domains at at time, but I don't think one is bidding on hundreds of domains with bid amounts in the five figures at a time.

Could someone enlighten me just a tad here? My own strategy is to pick up domains on the 5$ godaddy site for a quick 50-100 dollar flip, so I'm not really in the know here when it comes to high-level domains.

You got a lot of reading to do.... Domaining is like Poker, the more cash you got the more hands you play! More money the more profit! %%-%%-%%-
 
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If you are uncertain the value of the domain, you should not use proxy. However a lot of domains have the min support value, you may simply use proxy to save some time. There is no point to get excited about the bidding everyday.
 
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joeking "there's nothing worse than winning an auction you don't intend to win." well why did you bid $20,000?? why??

If you didnt want to pay $20,000 why bid $20,000.

You won fair and square joeking please pm me if you have any issues rather than slander innocent people.
 
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joeking "there's nothing worse than winning an auction you don't intend to win." well why did you bid $20,000?? why?
.

I think you miss understook what JoeKing meant,

He was insinuating that poorman was ensuring he didn't win an auction that he didn't want to win. He is not claiming he didn't want to win it.
 
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I am a 100% sure that:

1) HAlvarez was not the only bidder name involved in bid shilling (there was also SnapWater for instance). It's that Rust Consulting devised a strategy to cut losses by acknowledging HAlvarez as the only shill bidder and then apply a whimsical rule where if there was another bidder topping HAlvarez (i.e. SnapNames and others) then they don't pay for HAlvarez-induced bid inflation. This is a manifestly untenable criteria for reparation.

2) There is no way Snapnames did not know about this, it's ridiculous that they want us to believe they didn't know. Clearly it was a company whose business model relied on systematic shill bidding and payed employees to do it.
 
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I am a 100% sure that:

1) HAlvarez was not the only bidder name involved in bid shilling (there was also SnapWater for instance). It's that Rust Consulting devised a strategy to cut losses by acknowledging HAlvarez as the only shill bidder and then apply a whimsical rule where if there was another bidder topping HAlvarez (i.e. SnapNames and others) then they don't pay for HAlvarez-induced bid inflation. This is a manifestly untenable criteria for reparation.

2) There is no way Snapnames did not know about this, it's ridiculous that they want us to believe they didn't know. Clearly it was a company whose business model relied on systematic shill bidding and payed employees to do it.

Well said. :bingo:
 
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It's that Rust Consulting devised a strategy to cut losses by acknowledging HAlvarez as the only shill bidder and...

...then apply a whimsical rule where if there was another bidder topping HAlvarez (i.e. SnapNames and others) then they don't pay for HAlvarez-induced bid inflation. This is a manifestly untenable criteria for reparation.

This is the key point about the Snapnames offers of rebates...


Snapnames has pocketed millions of dollars of bidder's money, on the inflated end-price of auctions that Halvrez participtated in - but, when he did not come in as second highest bidder........Winning bidders simply paid far too much, in those auctions, too, because Halvarez bids, earlier in those auctions, pushed the price up.


...Yet Snapnames offers NO reparation to winning bidders of those auctions.


To restore full credibility, Snapnames need to improve their offer - to be fair....Rather than operate a damage-control exercise designed to limit their repayments to the minimum they MIGHT get away with.

.
 
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Did anyone get their rebate check yet?
 
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im waiting until after DomainFest.

Lawyer says no rush...
 
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