SnapNames bidders Read This!! - GoFuckYourself.com

fpforum · 11-11-2009, 03:47 PM

If you have ever tried bidding on a domain at Snapnames you may recognize the name "halvarez"...This user is well known as someone putting bids into names to drive auction prices up. Turns out this douche is the VP of engineering at SnapNames and was doing inside bids.

SnapNames released this statement

Quote:

To avoid any question about whether the company benefited from this conduct, SnapNames will offer a rebate to impacted customers, including 5.22% interest (the highest applicable federal rate during the affected time period), of the difference between the prices they paid in winning auctions, and the prices they would have paid had the employee not bid in the auctions. Impacted customers will be notified by SnapNames or its representative with instructions for the offer of a rebate.

SnapNames also has taken further action to ensure its policies regarding auctions are followed, and the company remains committed to taking whatever action is necessary to protect the integrity of its auction platform.

SnapNames deeply regrets this situation and is committed to addressing its customers? needs quickly and fairly.

Read more about it Here

CaptainHowdy · 11-12-2009, 12:47 PM

Damm! And I tought SnapNames rocked...

d-null · 11-14-2009, 05:23 AM

that is really low of them, we always trust that things are fair with online auctions, sad to hear that sometimes it isn't so fair

wild johnny · 11-14-2009, 07:17 AM

This is really A bad deal SnapNames. It would seem that they would of had better check points in place that would of flagged this buyer sooner as suspicious.

fpforum · 11-14-2009, 02:50 PM

Quote:

Originally Posted by wyldweb

This is really A bad deal SnapNames. It would seem that they would of had better check points in place that would of flagged this buyer sooner as suspicious.

That's what I'm saying. This guy has been doing this over the last 5yrs and they just now caught onto him. It looks like he is going to prosecuted and he was high enough in the company to where he could probably go doing this sort of thing and not be noticed.

brassmonkey · 11-29-2009, 11:22 AM

snappy nappy

eightmotives · 11-29-2009, 09:15 PM

Make sure to read this as well! http://www.gfy.com/showthread.php?t=...On+ SnapNames

11-12-2009, 12:47 PM	#2
CaptainHowdy Too lazy to set a custom title Industry Role: Join Date: Dec 2004 Location: Happy in the dark. Posts: 93,349	Damm! And I tought SnapNames rocked... __________________ "Tjeezers.cam wishes you a nice day”

11-14-2009, 07:17 AM	#4
wild johnny Confirmed User Industry Role: Join Date: Nov 2009 Location: Way Out There Posts: 723	This is really A bad deal SnapNames. It would seem that they would of had better check points in place that would of flagged this buyer sooner as suspicious. __________________ Contact.....Johnny[at]wildg[.]com

11-29-2009, 11:22 AM	#6
brassmonkey Pay It Forward Industry Role: Join Date: Sep 2005 Location: Yo Mama House Posts: 77,141	snappy nappy __________________ TRUMP 2025 KEKAW!!! - The Laken Riley Act Is Law! DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

11-29-2009, 09:15 PM	#7
eightmotives Confirmed User Join Date: May 2007 Location: Los Angeles Posts: 811	Make sure to read this as well! http://www.gfy.com/showthread.php?t=...On+ SnapNames __________________ DNPimping.com - "Pimping Domains Ain't Easy" 23868443

11-14-2009, 05:23 AM	#3
d-null . . . Industry Role: Join Date: Apr 2007 Location: NY Posts: 13,724	that is really low of them, we always trust that things are fair with online auctions, sad to hear that sometimes it isn't so fair