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Amazingly stupid Domain Registrar service - Regnest is scam

Discussion in 'BlackHat Lounge' started by jefis, Jul 12, 2019.

  1. jefis

    jefis Jr. VIP Jr. VIP

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    As some of you might know, I've been into hunting expired domains lately.

    So today, my friend sent me a message that he found a domain Registrar called Regnest.
    He said that he was looking to buy one particular expired domain which on GoDaddy, NameCheap and other registrars cost ~$200. He was checking which Registrar service would be the cheapest to register the domain.
    So while other registrars were $200, Regnest showed that it costs only $35.

    We both were like WDF?!

    Since I already have a list of unregistered premium domains, I decided to check prices on them.

    So I have one premium domain which costs $3250 to register on NameCheap.
    [​IMG]

    When I checked it on Regnest it showed this:
    [​IMG]

    I was in shock. Of course, I had my doubts and I knew this had to be too good to be true, but I was willing to risk $25 to potentially earn thousands. Who knows, maybe this registrar is the magic key?

    I registered the domain. I went to the section "My domains" and this domain showed as "Pending". I knew that something is up because usually, the domain is available in an instant.
    [​IMG]

    And then I received an email:
    [​IMG]

    From $25 to $8500. And NameCheap asks $3250...

    Fuck this company! Spread the message!
     
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  2. HoNeYBiRD

    HoNeYBiRD Jr. VIP Jr. VIP

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    It's a bit shady, but i wouldn't call it stupid. They make a sale like that per week and with minimal work, they earned a couple thousand. They simply want to make a quick buck, just like you did, when you thought, that you can snatch a premium domain for cheap. In the premium domain business irregularly high prices are not that uncommon. They couldn't fool you, they will fool the next guy or the next after him. Until there is no fixed price for premium domains, anyone can sell them for a price they see fit and you have the right to not make the purchase. The only unusual thing is their pre-order system, but if they refund the amount, you can't even call it a scam.

    I'm not sure about the legality of this, in their place i wouldn't charge the card until the buyer agrees to purchase the premium domain at their rate, so no refund would be required.
     
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  3. danixD

    danixD Supreme Member

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    A lot of other registrant have "premium domains" listed with the basic pricing but after payment you will always receive the email but in this care you are right, the markup is shady
     
  4. dabz5

    dabz5 Regular Member

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    Best advice stay away from any registar that isnt namecheap.
     
  5. jefis

    jefis Jr. VIP Jr. VIP

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    Yeah, not actually a scam but shady tactics. The scam thing was for the search engines ;)
    They don’t have any reviews, so this will be the first one
     
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  6. nakamura

    nakamura Elite Member

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    Namecheap is doing shady methods as well. They once locked me from my account, before my domain expired. They didn't reply, didn't help me etc. until the domain was fully expired. I simply couldn't renew it. After that someone immediately registered it and tried to sell it to me. My guess is it was an employee of Namecheap. It was unbelievable. They really tried everything from keep me locked from my account. I had no chance. I literally sent 50 emails and spent hours in the Live chat. The absolute ridiculous part is: I provided them with real information about me, but they said the information are wrong and kept my account locked. After the domain expired they unlocked my account, I checked my profile/account and all the information I provided them were correct (name, address, e-mail, phone number etc.). I even sent them recipes of the domains I bought.

    Be also very careful with Namecheap
     
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  7. Textsurfer

    Textsurfer Junior Member

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    Namesilo* ;)
     
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  8. jadsn

    jadsn Power Member

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    Yeah I agree. If they're willing to, and do refund your payment, it's just sleezy at best.
     
  9. ShadeDream

    ShadeDream Elite Member

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    Sounds like bullshit to me. I've been with them ever since joining BHW and never had a problem. You were probably doing some dodgy things yourself. How expensive was the domain? What was the value of the domain itself without any website / backlinks etc? The most expensive domain I've had with them was worth $500 and I never got locked out of my account.
     
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  10. SocialManager

    SocialManager Jr. VIP Jr. VIP

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    Seems pretty smart to me from their side. Just let us know if any problem with the refund.
     
  11. MisterF

    MisterF Moderator Staff Member Moderator Jr. VIP

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    Did they refund instantly when you asked?
     
  12. jefis

    jefis Jr. VIP Jr. VIP

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    They did.
     
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  13. mointernet

    mointernet Regular Member

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    I just snapped a premium domain (seller was selling it for $17,000 previously) last month that expired and registered it at NameSilo, no issue with it being premium at all and best of all the cost of registration was 25% off the domain price @$3XX so I paid just less than $90 in total. ;)