Domain Magnate

Got another one of those appraisal scam emails today. Luckily they land in spam folder now:

Peter Miller Tue, Mar 17, 2009 at 6:31 AM
To: domainadmin
Dear sir,

we are interested to buy your domain name AARR.COM and offer to buy it from you for 65% of the appraised market value.

As of now we accept appraisals from either one of the following leading appraisal companies:

sedo.com
pedma.com
accuratedomains.com

If you already have an appraisal please forward it to us.

As soon as we have received your appraisal we will send you our payment (we use Paypal for amounts less than $2,000 and escrow.com for amounts above $2,000) as well as further instructions on how to complete the transfer of the domain name.

We appreciate your business,

Thanks,
P. Miller

This is a complete guide on domain scammers that shows how to recognize and avoid scammers while trading domains.

There are several popular scamming schemes:

1. Scammer sells stolen domains

How it works:

Scammer trying to sell quickly a stolen domain for a bargain price.

A domain can be stolen by hacking into the a email address associated with it - like yahoo, or hotmail; or by means of social engineering, e.g. if a scammer contacts the registrar support and pretends to be the owner of the domain who forgot the password. Stealing passwords is also possible through keyloggers and trojans installed on the domain owner’s computer.

How to avoid having a domain stolen?

- don’t use free email addresses in your domain contact details. Most people still do this and it puts their valuable domain assets as higher risk. Instead use an email address from your own domain.
- install and run an antivirus and antispyware software, update it frequently and run scans. Here is a good guide on cleaning your computer from spyware and viruses.
- always use strong passwords, random letters and numbers that are near each other on the keyboard. Use different passwords for everything and a password manager to keep track of them. Roboform is recommended. Change the passwords once in a while.
- keep your whois contacts and registrar information up to date read more »