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INForum.in - Home of the Indian Domain Name Industry
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08-17-2008, 06:30 PM
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ULX.in - Stolen Domain
I have been informed that ULX.in has been stolen.
The domain was sold, payment was made by paypal, and the purchaser then did a paypal chargeback.
Be careful not to buy this domain!
If you see it for sale anywhere, let me know.
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08-18-2008, 10:22 PM
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Re: ULX.in - Stolen Domain
How could paypal chargeback ? please explain .. not sure fully understand at this story
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ProBizDesign.com specializes in landing page, web design and development services.
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08-19-2008, 12:46 AM
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Re: ULX.in - Stolen Domain
The domain was paid for by paypal.
After the domain was transferred, the buyer contacted paypal, said the payment for the domain was unauthorized, and paypal returned the funds to the buyer.
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08-19-2008, 01:06 AM
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Re: ULX.in - Stolen Domain
That's not really good person. Does he/she has a prove to show to paypal department ?
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ProBizDesign.com specializes in landing page, web design and development services.
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08-19-2008, 04:06 AM
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Re: ULX.in - Stolen Domain
Probably not. It's really hard to fight a chargeback on paypal.
Only accept payment via paypal for a domain from trusted people.
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08-19-2008, 06:16 PM
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Re: ULX.in - Stolen Domain
The best practice that you should follow after receiving payments on Paypal is transfer it to your bank account, so that Paypal ha nothing to charge back. I have seen such cases for non domain issues too.
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08-19-2008, 06:45 PM
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Senior Member
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Join Date: May 2007
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Re: ULX.in - Stolen Domain
I thought Paypal still can take money from your bank isn't it ?
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ProBizDesign.com specializes in landing page, web design and development services.
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08-19-2008, 07:15 PM
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Re: ULX.in - Stolen Domain
Yes, when you enter into your agreement with paypal, you agree that they can take funds from any payment method you have on file.
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08-22-2008, 07:03 AM
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Re: ULX.in - Stolen Domain
But can't as in this case, the seller complain to Paypal that it was a valid transaction and get his funds back? There should be some legal way out of this.
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08-22-2008, 12:35 PM
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Re: ULX.in - Stolen Domain
Paypal will only protect the seller of "tangible" goods. If it's something you can ship, you have protection. Otherwise, paypal won't help you :-(. Unfortunately, paypal is pretty risky unless you trust the buyer.
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