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by nick_14
4463 days ago
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I use Escrow.com a lot as a domainer, so I was initially concerned that a hold could be placed on the wire transfer after receiving the domain. The whole point of Escrow.com is that you are not able to cancel wire transfers and run away with my domain. However, it looks like they were operating under special circumstances due to the FBI investigation. Brandon Abbey is the president of Escrow.com and said “Escrow.com is holding the funds based on the proper legal authorities filing the necessary paperwork with the judicial system. We strictly follow the Escrow Law. That is what licensed escrow companies do.” Looks like it was just not explained correctly in the initial article. |
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