If you are no longer using a domain name for your business, perhaps your shop closed, took your site offline or your online business is no longer trading or you simply pulled out of online sales, it might be worth it for the sake of paying a couple of quid a year you retaining your domain name for a few years longer after use until it no longer shows in google for anything.
A new scam originating out of China involves the scammers picking up dropped domains (ie where they are not renewed) and quickly putting up a false website on the domain with images of goods and a pay link and taking money for false orders. The target customers think they are buying from the genuine business. In some cases they are also trying to steal the identity of the customers that get suckered into this scam. The scammers have been more effective where the business was previously listing well in google on certain keywords.
Anyhow, thought it worth raising some attention to this. Something else to be mindful of.
