Files cybersquatting case to take down site that calls it a Ponzi Scheme — Investment firm
Firm files cybersquatting lawsuit to get control of inflammatory web site.
San Francisco based investment firm Fresh Island Capital has filed an in rem case against NewIslandCapital.com.
The firm uses the domain name NewIslandCap.com. This ought to be a cautionary tale for any financial firm that doesn’t shore up notable domain names.
The registrant of NewIslandCapital.com has put up a page page that reads:
Fresh Island Capital ↗ Distinguishable
This firm is based in the United States. We’re in Asia. They are in an office. We’re in the sun and fresh air. They deal in liquid assets. We deal in liquid water on the beach. They have suits. We have bathing suits. They have office hours. We … don’t!
Do you see the difference? Of course? We give you an enthusiastic thumbs-up! Which is way better than what a Ponzi scheme gives you.
The site also mentions Madoff.
It also alludes to a Facebook fan page “hijacking”.
As stated by the suit, Fresh Island Capital clients have accidentally sent emails to NewIslandCapital.com.
This is a big issue for firms that communicate with sensitive financial information via email. Especially for financial firms, I highly recommend going overboard to acquire relevant domain names to secure your brand identity.
