I used to sell/buy a lot on eBay, sold 2-3 cars & boats, I got hit with this scam selling my old cell phone. My options were to fight it out which can take forever and the funds are taken out of your account until the issue is resolved, or give a refund that the buyer will accept or ask them to return the item and hope they don't break it or put rocks in it's place.. I chose the refund and it was clear the buyer knew what he was doing... I got lucky it only cost me $60 and a lot of stress, but I'll never sell again on eBay... If it would've been on a car or a boat it would've really cost me...

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