Domain Cost Club

I lose $42,000 on an escrow.com transaction as pdd.com, help please.

Discussion in 'Warnings and Alerts' started by American, .

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  1. American

    American Established Member

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    Hi,
    I bought pdd.com via escrow.com and the seller took the domain back on networksolutions.com after he received the money $42,000 US dollar.

    for detailed information, please view http://www.drjw.com/

    Any suggestions about what I can do is welcome, thank you!

    If you know a lawyer who is an expert in online domain name disputes, please tell me his/her contact information, thank you very much!
     
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  2. karmaco

    karmaco Established Member

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    How does he take a domain back transfered to you? Why wouldn’t you transfer out before you approved his payout with Escrow? Is this domain stolen?

    The price is good deal for a three letter. That should have drawn some suspicion
     
  3. MapleDots

    MapleDots Domain Properties 2010 - 2018 VIP

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    Oh man, that hurts

    Not good news for the domaining industry, it just sucks when these type of shenanigans are pulled.
    The problem here is they will believe the guy from the US first because of all the domain fraud from China.

    Just goes to show there are just as many unscrupulous people from our neck of the woods too.

    I sincerely hope you get your money back but better yet if anyone knows this guy we should gang up on him and force him to conclude the transaction. The goods should change hands if the money was paid.

    Just not good, totally uncool :xf.frown:
     
  4. Sinh

    Sinh Active Member VIP

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    Why did you release money on escrow when you didn't get the domain name?
     
  5. DGMDomains

    DGMDomains Active Member VIP

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    This.

    I hope you contacted escrow.com as soon as you noticed that Domain was not in your account.
     
  6. American

    American Established Member

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    I got this domain on networksolutions.com just one day,I'm sure about that,and i change whois informations and DNS,but they get back the domain without my
    The register transfer this domain back without my accept,i don't know why,and locked my account,networksolutions.com didn't notice me even one email,and just return the domain back.locked my account,also without my accept.
     
  7. American

    American Established Member

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    I got the domain just one day,I'm sure about that,but at tomorrow,they get domain back.register don't notice me and locked my account.
     
  8. Silentptnr

    Silentptnr Hey From L.A. VIP

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    You should contact escrow.com. They should be able to assist you in getting your domain. You have proof you paid and proof of the sale.
     
  9. Silentptnr

    Silentptnr Hey From L.A. VIP

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    You need to act quickly because the seller might try to resell and that will cause bigger problems.
     
  10. American

    American Established Member

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    Yes i contact escrow.com,but they told me can't help,because the money was released.
     
  11. Silentptnr

    Silentptnr Hey From L.A. VIP

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    I don't know how NS could just take the domain. You have to get serious with NS.
     
  12. American

    American Established Member

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    I contact networksolutions.com,but don't get feedback,even don't know why they can taken my domain back,without my accept.
     
  13. Compassion

    Compassion Let's do business together. PRO Business Account VIP ★★★★★★★★★★

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    who is the whois connected to right now?
    is mkittrel you?
     
  14. Sinh

    Sinh Active Member VIP

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    Yes, I think that there is a story behind this situation.
     
  15. American

    American Established Member

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    No,the domain not under my account now.They token it back.I loss the money and domain.networksolutions.com locked my account now.I can't login.
     
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  16. Sinh

    Sinh Active Member VIP

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    Don't worry! If the story is the same as your explanation here, I am sure NetworkSolutions will return the domain to your account. Maybe there were technical issues from NS.
     
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  17. daica85

    daica85 Owner of eCoupon.io VIP

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    You need to call them asap.
     
  18. TERADOMAIN

    TERADOMAIN Business Member Business Account VIP

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    Hi,

    Sorry to hear about your loss. I know it is little late but when we do Five Figure or bigger transaction we must use "Concierge Service" in Escrow.com. In that situation Name get transfer from Seller account to Escrow.com account and from Escrow.com account to your account. In that situation if you lose name then it is liability of Escrow.com. This is for other friends who may do bigger transaction in future.

    In meantime let me find out more helpful info if I can.

    Again sorry to hear about it.

    Thanks
     
  19. slader23

    slader23 Always On The Bleeding Edge. VIP

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    I think the guy who sold it to you, had a stolen domain. PDD is a real company based in Indianapolis. Unless Melissa Kittrel was the actual seller, there is a high chance you were scammed. From what I can see on her Linkedin, she hasn't been with them for 7 years. Something doesn't smell right here. I highly suggest you call into NS upper management.


    https://www.linkedin.com/company/535912/

    https://www.linkedin.com/in/melissakittrell/
     
  20. tech4

    tech4 Established Member

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    Hey American, here's what I see, you will need to contact Web/Network solution to get the domain back, since you have sales transaction.

    Here's the problem, you should never accept a cancel and get your money back. Why? By agreeing to cancel the deal, Web/Networksolution believes that they are off the hook in the first place.

    By agreeing to cancel, you and the seller have accepted a mutual agreement that the domain will go back to the owner. However, your money, if the owner decides not to send you back your money, you will have to send a report to Texas or wherever that person lives. Which is another bigger problem.

    1)By releasing funds via Escrow you have made an agreement that you got the domain name.
    Which is not a problem
    2) By agreeing to cancel the deal you have released Network Solution and Web of any liability because you say you and the seller agree. >>>>>>>Email Seller to PUSH back domain. Ask him why is it still in his account.

    For WEB They are liable for pushing back a domain name, you can sue them in China. Web/NS is a large company and is liable if they push back the domain unlawfully, and they will have to pay fines too. DO not write email to seller to agree, by agreeing, you lose all rights, WEB/NS will no longer be liable, you can no longer contact NS/Web for support if you agree to cancel the deal.

    You will need to ask the domain back. Because the seller will probably send your email of agreement to WEB where they will say if both side agrees they are no longer liable.

    Contact web. Get your domain back. Tell the seller to push the domain again.
     
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  21. Silentptnr

    Silentptnr Hey From L.A. VIP

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    Yes. I agree. The registrant, appears to be an active company. It very well could be a stolen domain.
     
  22. MapleDots

    MapleDots Domain Properties 2010 - 2018 VIP

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    Wow, what an excellent post, I learned a lot from that.

    Thank you so much for posting (y)
     
  23. .NJ

    .NJ Active Member VIP

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    What your saying makes no sense.

    So you excepted the domain into your account and then released the money right?

    Then the seller takes the domain back out of your account??

    Makes no sense, and there is def more to this story.
     
  24. ngignac

    ngignac Supportive Member NamePros Supporter ★★★★★★★★★★

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    Damn. I really hope this gets worked out. Stuff like this truly is a huge black eye for the industry.
     
  25. creataweb

    creataweb Top Member VIP ★★★★★★★★★★

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