Selling domain names scam

We have heard of a number of cases recently where companies have received an unsolicited call from companies trying to sell new domain names at highly inflated prices.

This is not a new scam and was rife several years ago as companies raced to buy up domain names. The call comes from an agency who claim that they have been approached by another company who intend to purchase a series of domains that are very similar to the recipient’s own domain name/s. However, this ‘agency’ offers the recipient to buy these names first at a highly inflated cost of up to ‘450 for two years, but they have to act quickly and, in some cases, encourage them to make the purchase on the phone there and then.

The simple message is DON’T DO IT! This scummy practice preys on scare tactics to extort money from unsuspecting companies. There is no threat from another company and the costs quoted are extreme. Besides, if someone does buy a similar domain, will they really challenge your business or achieve online visibility that will lure customers away from you?

If you are approached with a similar offer, please ignore it or feel free to get in touch with us if you have any concerns or would like help in establishing whether it is legitimate or not.

Leave a Reply