20 Low-End VPS Providers Suddenly Shutting Down In a 'Deadpooling' Scam Slashdot
https://nu.federati.net/url/253249

>As several users have pointed out, the VPS providers don't list physical addresses, don't list proper business registration information, and have no references to their ownership... A source in the web hosting industry who wanted to remain anonymous told ZDNet that what happened this weekend is often referred to as "deadpooling" -- namely, the practice of setting up a small web hosting company, providing ultra-cheap VPS servers for a few dollars a month, and then shutting down a few months later, without refunding customers.
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>"This is a systemic issue within the low-end market, we call it deadpooling," the source told us. "It doesn't happen often at this scale, however."
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>ZDNet provided this alphabetical list of the 20 companies: ArkaHosting, Bigfoot Servers, DCNHost, HostBRZ, HostedSimply, Hosting73, KudoHosting, LQHosting, MegaZoneHosting, n3Servers, ServerStrong, SnowVPS, SparkVPS, StrongHosting, SuperbVPS, SupremeVPS, TCNHosting, UMaxHosting, WelcomeHosting, X4Servers.