- Associated Press - Wednesday, March 5, 2014

CHARLESTON, W.Va. (AP) - Attorney General Patrick Morrisey is warning small businesses and company website managers about a new scam.

Morrisey says the scam tries to trick its targets into paying a large premium for website domain names, which are used to locate entities on the Internet. They are relatively inexpensive to acquire, which make them a valuable tool for small businesses who want to build an online presence.

The scam typically appears via an email message that appears to be from a foreign domain registration service. It says another company has asked to register the email recipient’s business name as a website in a foreign country. The scammer offers to register the targeted company’s name overseas instead of letting the other company use the name.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide