Ramp.com is Up for Auction on Ebay.com

Earlier that evening, while reviewing the Domains on Ebay page I noticed a listing for Ramp.com. It’s not often that you see a domain of that quality listed on the Ebay Marketplace. After visiting the auction listing I became suspicious for a couple of reasons. One, the seller has a monumental feedback of (2). Second, the rather short auction description states that the “domain name being sold pursuant to court order.”

I was gearing up to fire off a question to the seller but decided to check a few of the domain forums first. Namepros.com member Randomo was already on top of it and had received an explanation from the seller earlier today. The explanation reads that Ramp.com is owned by Ramp Corporation which is being liquidated by U.S. Bankruptcy Court for the Southern District of New York (read the full post here).

The little bit of research I did seems to check out as the company does appears to be in financial trouble due to securities fraud and the name Ron Munkittrick, which appears in Randomo’s post as the officer in charge of coordinating the liquidation additionally appears on Yahoo’s Ramp Corporation company profile page as the Interim CEO.

Interesting to say the least. Do not take my word for it and please do your own due diligence whether you decide to pursue that domain. Affiliate auction link below:

      Domain Name- www.RAMP.com
      US $3,050.00  (9 Bids)
    

Original post by Nameclerk