Expired GoDaddy auctions the focus of investigation

Expired auctions at GoDaddy attract hundreds of active bids daily. The system generates plenty of revenue for GoDaddy and it’s part of the “core services” that GoDaddy reports in its financial reports quarterly, an important gauge of profitability. The system is not foolproof, as far as bidding legitimacy is concerned, and it has been the […]

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Poll : Was #GoDaddy able to clean its own home efficiently?

Revelations of a scheme at GoDaddy that involved an employee bidding in auctions, were severely downplayed by the company’s executives. GoDaddy’s management stated that the effects of the employee’s activity did not affect a substantial number of auctions, and that the resulting bids would have been in the same low dollar range even without the […]

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#DropCatch auctions : Updates on allegations of fraudulent domain bidding activities

DropCatch, a popular domain drop-catching and auction marketplace, has been “cleaning house,” after reports of shill bidding surfaced. Last month, reports of auctions being restarted due to non-paying bidders, led frustrated domain investors to a lengthy exchange over at NamePros. “DropCatch.com is very much like a game of hot potato, where fraudulent bidders bid up […]

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Domain Memes : The Shillbid Redemption

Domain Memes is a section on DomainGang where we poke fun at various current events in the domain industry; quite often, to emphasize important, funny or extraordinary elements of domain investing in a meme. Today’s subject is the published allegations of bidder misconduct (“domain shill bidding”) at NameJet, and while the investigation is ongoing, one […]

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Honest domainer ridiculed for his domain bidding ethics

An honest domain investor was exposed and publicly ridiculed for his great ethics, while bidding on domain marketplaces. Seeking to remain anonymous due to fearing a massive industry backlash, “Honest Abe” shared his pain with us: “I never break the rules of engagement with other domainers, I’m honest to a flaw. Bidding on my own […]

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Sergei Putanov: I would not even spend $100 for DigitalDubai.com

Almost a year ago, we talked about Russian billionaire domainer Sergei Putanov and his plans to build Dubai-Florida. At that time, Sergei Putanov explained how he would not spend $900,000 on the domain name DigitalDubai.com. Surprisingly, the domain was just sold on Bido.com for a mere $98. Sergei Putanov contacted us with a statement: “I […]

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‘Jesus Toast’ eBay Auction Canceled

The “Jesus Toast” eBay auction that had hundreds of religious followers waiting in anticipation has been canceled. The seller, Jessica Gulli states: “I have had an offer from our Almighty Savior himself in the amount of $20,000 USD. I consider the offer to be acceptable in absence of any significantly higher offer or power. As […]

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Halvarez – The Comic edition for the busy domainer!

Domainers are busy entrepreneurs that don’t have the time to wade through hundreds of messages at DNForum and Namepros. So, in order to learn about the Snapnames shill bidding scandal caused by Nelson “Halvarez” Brady we created this synopsis as a comic. Enjoy!

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Big Joe Bubba awaits former Snapnames employee Nelson “Halvarez” Brady at the federal prison

Looks like the cover is officially busted; former VP of Engineering at Snapnames Nelson Brady is the notorious “Halvarez” who bid up thousands of auctions thus driving selling prices severalfold. In the event of successful bids, he made sure that he’d issue refunds to himself – a sure winning situation. This practice cost thousands of […]

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