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A fast-fingered domain flipper just made $35,000. It seems that Yuma Solutions, a web development company, accidentally let the domain name GeorgeWBushLibrary.com expire.
A domain squatter snatched away the domain name and made an easy $34,990 profit on promptly selling it to back.
Yuma has been a contractor for the Bush family for quite some time, and the domain name they accidentally let expire belonged to the George W. Bush Library Foundation. It originally bought the domain in 2007 from another squatter for $3,000.
Mark Langdale, president of the George W. Bush Library Foundation, said Tuesday that he didn’t know about the Web site being lost and recovered. But, he said, he would know if the library had been stuck with a surprise $35,000 expenditure.
The name of the domain flipper is Illuminati Karate, another web design firm in Raleigh, North Carolina.
It pays to be fast!
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