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  • Report:  #214266

Complaint Review: Cyberbulk Internet Services - Durham North Carolina

Reported By:
- Grants Pass, Oregon,
Submitted:
Updated:

Cyberbulk Internet Services
5321 Middleton RD Durham, 27713 North Carolina, U.S.A.
Phone:
919-3492505
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
In early February of this year, I bid approximately $650 for the website, Jpegz.com, on auction at eBay. The bid did not meet the reserve, nor was I high bidder. I contacted the seller in March inquiring about the status of the website. The seller, Grey (or Lamont) Cooper of Cyberbulk Internet, informed me the site was still available for sale, and that it generated $1000.00 a month in profit. The asking price was $9000. I proceeded to ask the seller some questions and made an offer of $4000. We eventually agreed upon $4500, with $3000 paid through Escrow.com and $1500 paid through PayPal.com.

The transaction was then set up with the online escrow company, Escrow.com. After the funds were transferred to Escrow.com, the seller gave me control of the site and supposedly transferred ownership to me. Everything seemed to be legitimate so Escrow.com released the funds to the seller. Soon after releasing the funds, click-through traffic on the advertising on the website dropped to almost nothing.

It became painfully apparent the seller lied about traffic details of the website. I requested a refund from the seller on June 6. At this point, the seller seized control and ownership of the website that I had mistakenly assumed was under my control and ownership. Shocked by this action, I began investigating domain name transfer protocols and discovered that website owners have the ability to reacquire control and ownership of any website in their possession for a period of 60 days after the initial transfer.

As of this writing, October 04, 2006, nearly 4 months since surreptitiously reacquiring (and profiting from) ownership of the website, Cyberbulk Internet has paid back $0 of the $3300 stolen from me.

Colby

Grants Pass, Oregon
U.S.A.


1 Updates & Rebuttals

Grey

Durham,
North Carolina,
U.S.A.
Colby's slander and fraud.

#2REBUTTAL Individual responds

Sun, October 21, 2007

This may seem a bit ranty, but, hopefully, you understand my excitedness over this issue. Colby did not deliver full payment within any reasonable time and I was very fortunate that Colby stated it was not necessary to transfer the whois records to his name since hosting was already paid for in advance and he only needed ftp access to the website for the time being. Little did I know Colby would not complete payment for two months and kept making excuses. Having not transferred the site as per Colby's suggestion (perhaps he knew he wouldn't be completing payment for some time), I reverted it back to it's original state and nursed it back to health. Furthermore, payment was not received in full until a year later. It seems Colby, having no experience running a site of it's type, ruined the traffic and income the site was receiving in all of a month and a half. Against my advice, he decided to change the entire site structure, rules etc., losing long time, income and traffic-generating members. He later accused me of lying about the income and traffic of the website. I waited and the payment was not completed. He later has slandered me on prominent websites/domain forums, damaging my business and has not fulfilled his promise to correct his slanderous statements upon finalizing the transaction. Furthermore, Colby has committed FRAUD against Escrow.com, by reversing his $3300 credit card transaction and STILL receiving the site which is now in his full possession for a total of $1000 (the $200 discounted amount I settled with) and not the full $4500 dollars which was our original agreement. Lamont Cooper Raleigh, NC U. S. A.

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