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Oversee's SnapNames Hit By Domain Bid Scandal

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Los Angeles-based Oversee.net is in the midst of a major scandal today, as the firm revealed to customers that its SnapNames unit was the victim of a shill bidding scheme by a former employee. Industry publications are reporting that the former employee is now facing criminal charges for the shill bidding scheme.

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LowFares.com Sees Traffic Jump

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Travel search site LowFares.com , which is owned by Oversee.net, is reporting that it has seen a jump in visitors to the site of 73 percent since the beginning of the year. LowFares said the search engine marketing efforts were the result of additional advertiser relationships the firm has secured in recent months.