• Welcome to DNForum.com - Domain Investor Forum, Free Domain Marketplace and a community for 45+ domain pros
    If you are new to domains and looking to buy, sell and learn about domains then you have come to the right place. DNForum is the oldest global domain name community on the internet and continues to grow every day. There are over 45,000 domainers on DNForum doing everything from buying domains, selling domains, using our free in-house built tools, learning about domains and discussing domains. Take a minute and Register.

Domains Repossessed By Godaddy?

Status
Not open for further replies.

billp3

New Member
Legacy Platinum Member
Joined
May 17, 2010
Messages
16
Reaction score
1
Looking for opinions or suggestions on this situation.

I recently purchased several domains, 2 of which have been repossessed by GoDaddy. I purchased these outside of GoDaddy. After speaking with GoDaddy, here are the sequence of events we've been able to determine:

The original owner, Party A, sold them to Party B on GoDaddy's marketplace through an "Assured" transaction. Party B used a credit card to pay. After a period of time (I don't know how long exactly), Party B sold/transferred 2 domains to Party C. I purchased them from Party C.

A week after I purchased the names, Party B (or the person whose stolen card they were using) did a chargeback on their original transaction. Now GoDaddy has repossessed the domains from my account, citing the domains weren't paid for by Party B. GoDaddy has given me the "option" to pay the original purchase price for the domains. I am not interested in paying for the domains twice.

It appears I may have little other recourse at this point. I used Escrow.com, but of course they maintain it is not their responsibility (I tend to agree with this). So far, I have only spoken to first-line support at GoDaddy's fraud dept, but I'm trying to get in touch with somebody that has the authority to do something.

I don't know if Party B and Party C are in this together or not. Party C maintains they aren't involved in any wrongdoing.

What do you guys/gals think?
 
Tip: If you ever purchase a name for a significant value(more than you can afford to lose) ALWAYS make sure the Whois updated date is greater than 60 days, maybe 90 days to be on the safe side. The time period most credit card companies and banks allow chargebacks......
 
Status
Not open for further replies.
Back
Top Bottom