Unfortunately yes
... and even if there is no fraud element, they will still be making money from ads.. so win for them
Oh well, Nominet no doubt have made a small fortune too as anyone with an active .co.uk / org.uk /me.uk website is more or less obliged to purchase the matching .uk address too.
I've had to purchase the whole lot, but because of Nominet rules and legal reasons I cant even point them to the main site, so they just sit there doing nothing.