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Life, Liberty and the Pursuit of ROI

Domain Name Scams – Part 2

Yesterday I had posted about an email I had received from a Mr. Abram Weinstein, Ph.D. who was interested in buying one of my domain names and my suspicions that his email was a domain appraisal scam. To see where this would lead, I went ahead and replied to the email with a price that I personally feel is a little high for that particular domain name – $10,000.

Today, I received the following response:

Robert,

I offer 9000 usd. I have 45,000 usd budget for 12-15 domain names.

How can I pay you (PayPal, Western Union, escrow.com etc.)? If this is your first time domain sale I may help you with the sale/transfer process.

Are you a member of domain seller communities/forums? Probably, we know each other under some nicknames?

Best regards,
Abram Weinstein
CEO

A little more digging turns up great threads over at NamePros.com about the same type of domain appraisal scam here and here with users posting similar responses but from different CEOs.

Naturally, I know where these emails are going… and I really should stop wasting my time replying. But by replying, I am also wasting their time and by following this to it’s inevitable end I will find out which “appraisal service” they are wanting me to use and once I have that information, I might be able to report them.

Plus, this process will hopefully help protect some young domainer out there that thinks that they have just hit pay dirt because someone is wanting to pay them much more than what their domains are actually worth.

So tune in tomorrow, when I reveal “Mr. Weinstein’s” follow up reply in Part 3 of this ongoing saga.

 

One Comment

  • Posted June 27, 2013 at 6:20 am | Permalink

    I got the same request with exactly the same words from this “Abram Weinstein” yesterday. I haven’t replied to it yet because it looks suspicious to me. So I did a little research and found your blog post.
    Thank you for your investigation! I will follow it up…