Quote:
Originally Posted by seer
The money is in escrow already at that point,so payment is secure keep logs and screenshots of the before and after if somebody does scam you have proof to investigate,the registrars also keep logs of the ip that logs in so too many parties involved but ofcourse you never know can happen.
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Wait, isn't that the point of using escrow? Now imagine this happens to you on a deal worth $50k. Do you really want to be stressing about this? Believe me fraudsters use these kind of loop holes all the time. Godaddy/paypal bullshit, escrow.com, etc. For $50k you really think they can't match a proxy ip to your location and make it look legitimate as though it was transferred out. Sure the money isn't *yet in the scammers hands, but on big deals I wouldn't want to be left out in the open like that. And spend weeks hammering escrow.com with counter-information, etc.
As I said that is the point of escrow services, and escrow.com seriously seriously fails here. They should have escrow.com accounts at all the major registrars, and take control of both the domain and the money before doing an simultaneous swap on both. You know like moniker does? Or multiple other escrow services do. In truth I can't believe escrow.com still operates the way they do...