SEDO scam

[NeonRider]

Several days ago I have received an offer on sedo to buy a domain that matches my business name. After several hours of thinking I decided to buy the domain. I transferred the money to Sedo via paypal and…. 3 days later Sedo wrote me that the transaction has been canceled since it was a fake sale and they are dealing with the seller and Sedo suggested to me to take legal action against the seller. The seller wrote to me it was Sedo’s glitch indeed and showed me their correspondence, where Sedo actually excuses themselves to the seller for this mistake! It’s been 5 days now and Sedo stopped responding to my messages and did not refund my money even if they wrote they will. I am submitting a payment reversal (claim) with paypal to get my money back from Sedo (sedo.com, Sedo.co.uk, Sedo.de), which appears to be a dishonest and untrustworthy business.

 

[ExampleName]

Quick question. How can you tell what the seller sent was actually written by Sedo?

 

[Archangel]

You have no real chance at a refund, sorry to say. Paypal never refunds for non-physical items.

 

[NeonRider]

You have no real chance at a refund, sorry to say. Paypal never refunds for non-physical items.

Yes they will. It's a domain name and Paypal can see who the current domain owner is. Also, you are representing the domain broker industry and you sound like you are on the side of the untrustworthy companies like Sedo who keep people's money for no good reason other than greed. I was offered a domain name to buy. I sent payment to Sedo. Sedo canceled transaction because of the Seller's or Sedo's mistake or pure immaturity. Don't you think I should be entitled to get my money back?

---------- Post added at 09:36 AM ---------- Previous post was at 09:29 AM ----------

Quick question. How can you tell what the seller sent was actually written by Sedo?

If its not, the seller will be held responsible for providing fraudulent information. Your question should have never been asked.

 

[liquidcherry]

now this will be fun to watch, looking at the OP responses

To neon, sorry that happened to you and good luck

Cheers

Liquid

 

[vc]

It would be a lot easier to get your money back if you used a Credit Card.

Otherwise, talk to your bank. PayPal is as useless as shit when it comes to these situations.

 

[Archangel]

No, they won't. ppl can fake a whois easily. And like I said, they will NOT refund from purchases of non-physical things. That is a known fact & scammers exploit it daily.

Yes they will. It's a domain name and Paypal can see who the current domain owner is.

 

[DU]

As the transaction never occurred, Sedo should refund the cash. They could try to stiff you on the broker fee because I think that fee is documented between the buyer and Sedo (even though the seller pays - it's effed up logic)...

When they say contact the seller they should be talking about any legal action you want to take over finances lost or access to the name that resulted from the fake sale - the seller broke their contract and the contract was between the seller and you. This is where your legal recourse lies. (No one does it because it costs too much)

The money would never have been released to the seller until the domain transferred to their escrow account and thus you should be entitled to a refund (eventually). Filing a complaint to Paypal will probably make this 100 times worse, imho.

ALWAYS DEMAND THAT THE DOMAIN USE A SEDO ESCROW ACCOUNT if you're worried because WHOIS can be faked either by seller OR buyer

NO COMPANY IS PROMPT in REFUNDS. If they said you would get a refund you should have just worked with them. Some Transfer Agents SUCK. Some Transfer Agents do NOT SUCK. Your money is still held by Sedo and an appeal with Paypal is not a good idea.

The refund comes from Sedo not Paypal. The appeal will just delay and make the whole process take much longer imho.



YOU WAITED THREE DAYS!!!! Even GoDaddy takes longer than 3 days for a Grace Delete!!! Some stores wait until the business month completes.

 

[Keith]

Yes they will. It's a domain name and Paypal can see who the current domain owner is. Also, you are representing the domain broker industry and you sound like you are on the side of the untrustworthy companies like Sedo who keep people's money for no good reason other than greed. I was offered a domain name to buy. I sent payment to Sedo. Sedo canceled transaction because of the Seller's or Sedo's mistake or pure immaturity. Don't you think I should be entitled to get my money back?

Paypal will not refund money for domain purchases gone wrong. I know this first hand and have dealt with this issue this week. They consider domains to be intangible items which voids buyer protection. Because of this, I will never use paypal again for a domain purchase.

 

[Archangel]

Your first post in this site: http://www.namepros.com/the-break-room/108909-this-forum-sold-me-to-spammers.html

You like to argue, don't you?

 

[NeonRider]

No, they won't. ppl can fake a whois easily. And like I said, they will NOT refund from purchases of non-physical things. That is a known fact & scammers exploit it daily.

And it seems like SEDO could be one of those scammers.... and i will be closing my account with them very soon.

 

[DU]

And it seems like SEDO is one of those scammers.... and i will be closing my account with them very soon.

I'm sure that they will see the loss of your patronage as a reason to re-evaluate their business model for the betterment of us all.

Thanks for letting your actions speak for those of us who are too eager to support scammers.

Good luck with your endeavors in the real world.

 

[Archangel]

SEDO isn't a bad place to sell but I've never bought anything from them so I can't vouch for the buying side. But they've progressively gotten worse IMO with raising commissions and whatnot. Closing your account there might not be a bad idea.

And it seems like SEDO is one of those scammers.... and i will be closing my account with them very soon.

 

[NeonRider]

As the transaction never occurred, Sedo should refund the cash. They could try to stiff you on the broker fee because I think that fee is documented between the buyer and Sedo (even though the seller pays - it's effed up logic)...

When they say contact the seller they should be talking about any legal action you want to take over finances lost or access to the name that resulted from the fake sale - the seller broke their contract and the contract was between the seller and you. This is where your legal recourse lies. (No one does it because it costs too much)

The money would never have been released to the seller until the domain transferred to their escrow account and thus you should be entitled to a refund (eventually). Filing a complaint to Paypal will probably make this 100 times worse, imho.

ALWAYS DEMAND THAT THE DOMAIN USE A SEDO ESCROW ACCOUNT if you're worried because WHOIS can be faked either by seller OR buyer

NO COMPANY IS PROMPT in REFUNDS. If they said you would get a refund you should have just worked with them. Some Transfer Agents SUCK. Some Transfer Agents do NOT SUCK. Your money is still held by Sedo and an appeal with Paypal is not a good idea.

The refund comes from Sedo not Paypal. The appeal will just delay and make the whole process take much longer imho.



YOU WAITED THREE DAYS!!!! Even GoDaddy takes longer than 3 days for a Grace Delete!!! Some stores wait until the business month completes.

WHOIS can be faked by the Buyer? Really? How? And ICANN allows it to happen?

Why should I wait longer than 1 hour if SEDO or the Seller screwed up? They should issue the refund immediately. Otherwise they are losing this long time customer forever. Don't underestimate abilities of long time customers - they can take the entire economy into the toilet. This is what is happening right now - consumers fed up with widespread corruption, government infantilism and they withdrew from spending. I was NOT going to by that domain. The only way they got my money was they placed a very low offer on the domain and the when they got my money (and I suspect they did this to thousands of their customers) they attempted to keep it. And they may be successful with say 10% of people who may not have enough time or knowledge to fight such con artists.

I'm sure some of those multi domain owners work hand in hand with such con artists domain brokers in swindling people's hard-earned cash.

A company who is disrespecting their customers by keeping their money after they (the conpany) made an immature blurb, is going to go down on its reputation and probably sales too. Every time this happens I am making sure the case is well publicized in most publications online and even in the press. If you saw UPS or even SEARS improve, that was in part my effort.

In fact, if I owned SEDO I would never apologise ti the custimer alone, I would pay them some money as a fine for my company;s failure! This is exactly what I do every time (rarely) I make a mistake in my own business and my customer experiences difficulties or discomfort. Backed down on a sale? Pay 200% of the transaction amount to the Buyer! This is how it works in the DECENT, RESPECTFUL and FAIR business world (not in countries without dignity though, who are deep in debt).

Submitting a paypal claim puts a bad record in the company's rating in case if there is no other recourse. In this case I will be filing reports to BBB, FTC and others. Just to send message across to the "human error" worshipers!
Shit hits the fan? Oh... it's a human error, or a disgruntled employee? no problem... and so everyone can relax again. Not.

In such case I will be withdrawing from spending on anything = I'm not a consumer anymore. If that helps the e-CON-omy! I'm sure it will! And you already see and feel the result of the worldwide widespread laziness.

 

[Archangel]

Please don't be so naive to think whois is even slightly hard to manipulate. A 3 year old could do it.

WHOIS can be faked by the Buyer? Really? How? And ICANN allows it to happen?

 

[NeonRider]

As the transaction never occurred, Sedo should refund the cash. They could try to stiff you on the broker fee because I think that fee is documented between the buyer and Sedo (even though the seller pays - it's effed up logic)...

When they say contact the seller they should be talking about any legal action you want to take over finances lost or access to the name that resulted from the fake sale - the seller broke their contract and the contract was between the seller and you. This is where your legal recourse lies. (No one does it because it costs too much)

The money would never have been released to the seller until the domain transferred to their escrow account and thus you should be entitled to a refund (eventually). Filing a complaint to Paypal will probably make this 100 times worse, imho.

ALWAYS DEMAND THAT THE DOMAIN USE A SEDO ESCROW ACCOUNT if you're worried because WHOIS can be faked either by seller OR buyer

NO COMPANY IS PROMPT in REFUNDS. If they said you would get a refund you should have just worked with them. Some Transfer Agents SUCK. Some Transfer Agents do NOT SUCK. Your money is still held by Sedo and an appeal with Paypal is not a good idea.

The refund comes from Sedo not Paypal. The appeal will just delay and make the whole process take much longer imho.



YOU WAITED THREE DAYS!!!! Even GoDaddy takes longer than 3 days for a Grace Delete!!! Some stores wait until the business month completes.

SEDO could stiff me on the broker fee? Are you kidding me? They make an offer to buy a domain, I pay for it, then they cancel it as a fake sale and I am supposed to pay for their screw ups! Are you kidding? This is the logic of the FAILING ECONOMY, a company and a country with NO DIGNITY and NO SELF-RESPECT, a failed business model of low life scoundrels. SEDO should pay me for all my lost time! They should pay me 200% fine for all this trouble. Today's business standards are very close to scumbag. It's time for a change.

---------- Post added at 11:59 AM ---------- Previous post was at 11:54 AM ----------

Your first post in this site: http://www.namepros.com/the-break-room/108909-this-forum-sold-me-to-spammers.html

You like to argue, don't you?

Is this what you do when you are in disagreement with another poster?

Of course I like to argue. And you are the ones who's starting this flame. I know you would love to be in a position where no one would be allowed to argue with you. Perhaps become a forum owner?

---------- Post added at 12:02 PM ---------- Previous post was at 11:59 AM ----------

I'm sure that they will see the loss of your patronage as a reason to re-evaluate their business model for the betterment of us all.

Thanks for letting your actions speak for those of us who are too eager to support scammers.

Good luck with your endeavors in the real world.

You know, your ex-Prez was a moron, it does not mean you have to use his hand gestures in your avatar to prove a point. Re: Bush One Finger Victory Salute.

---------- Post added at 12:06 PM ---------- Previous post was at 12:02 PM ----------

Please don't be so naive to think whois is even slightly hard to manipulate. A 3 year old could do it.

You got to own a domain to be able to edit the WHOIS. Then if you own a really valuable domain and you fake the whois the registrar or the ICANN has the right to confiscate or to suspend your domain. That's at least how it should work. Since everyone has relaxed agenda, this is why the entire e-con-omy goes down the drain.

I don't see how can anyone fake WHOIS of another owner's domain?

 

[Archangel]

No one here is flaming. But I think you need to realize this one truth:

This is the real world.

In a idealistic one, perhaps everyone would get along, no wars would break out, and all businesses would run without problems. Sadly, that world doesn't exist and never will.

 

[GiftedDomains]

this sounds more like sweeping swipe at everything and everyone....
sedo, paypal, usa, americans, economy, hollywood, NP, george bush, domainers, moderators,,,,,

wtf,,,,

 

[Archangel]

I have no mod control in this forum. But I did report it to my moderator compatriots. It lost its point after a few messages.

this sounds more like sweeping swipe at everything and everyone....
sedo, paypal, usa, americans, economy, hollywood, NP, george bush, domainers, moderators,,,,,

wtf,,,,

 

[NeonRider]

Right.... let's get back to the topic. Has anyone ever lost their money to Sedo, permanently?