The Complainant is one of the world's leading providers of tax, audit and advisory services, using the KPMG trademark. The Domain Name was registered in September, 2019, long after the Complainant established its billion dollar business.
The Registrant attempted to defraud one of KPMG's customers in a spear phishing scam in an attempt to obtain $500,000.00 USD to "complete the transaction for legal fees on a deal".
Although the Domain Name did not link to an active website, the Panel found that the Domain Name was registered in bad faith pursuant to 3.5 of the Policy because the bad faith is linked to the perpetrator’s awareness at the
time of the registration that a third party’s rights would be damaged (in this case - the spear phishing campaign).
You can read the decision here.