AUSTRALIA - A South Australian woman narrowly avoided a complete financial disaster after falling victim to a sophisticated business email compromise (BEC) scam that led to the loss of over $800,000. Authorities have since managed to recover a significant portion of the stolen funds, shedding light on the growing threat of cyber fraud in real estate transactions. The victim, who had been in the process of purchasing a property, received what appeared to be a legitimate … [Read more...]
Here’s Why You Shouldn’t Purchase an Ngtld Domain Simply for Search Rankings
NEW YORK, NY – Many who read this site will be familiar with the out-of-the ordinary sales of a few new gTLDs recently, one of which was Vacation Dot Rentals. I stumbled onto an old post about it over at Ricks Blog [I enjoy Rick's ramblings and story telling as I am sure many others do: The post was called "Fake site on a Fake GTLD Sale? The tale of “No Results Found” at Vacation.Rentals" - I'm sure you all read it.] I wanted to see where the site was ranking today … [Read more...]
Call for Donuts to Release Proof of Original “Record Breaking” gTLD Sale in Late 2017
NEW YORK – With another ‘out of the ordinary’ new Generic Domain Name sale publicly announced by Donuts Inc. for Vacation.Rentals (reportedly acquired for $500,300.00 in an all-cash deal) this becomes their second earth-shattering alternative-dot transaction in the last twelve months of which many will agree, appears to be sent straight from the heavens above. In fact, all of their employees should vacate the Kirkland, Washington premises immediately and purchase lottery … [Read more...]
Does the Domain Industry Suffer From Own Versions of Trumpted “Fake News” Stories?
NEW YORK, NY – You may have heard the news that a tremendous transaction recently took place. According to TNT Names, Donuts recently sold www.home.loans for $500,000.00. Wow, I missed the boat for sure. I just let Find.cars drop, crash and burn and lost $10,000.00 to count my chips and walk-away. I probably could have sold it for half-a-million dollars in CASH, or could I? What a mistake that was. Or was it? Considering the fact that this deal reflects the largest … [Read more...]
Majority of Top 100 Highest .net Domain Sales of All Time Just Going to Waste
Looking at the top 100 (reported) highest priced .net domain name sales of all time it is pretty clear to see that the majority of them are not even being used; what a shame. The list below ($8.8 million dollars in domain sales) illustrates how the majority of people buying .net domains over the years are either investors or those who feel that these premium .net domains are not worth building a foundation on. The great majority of these .net domains either redirect, are … [Read more...]