I spotted those auctions back in Nov, big Penn reels which sells at Ebay USA for around $1000 being advertised for peanuts from China. Seller has no +ve fb, and the seller has only been a Ebay member for weeks and not sold or bought anything until the Penn reels, you have got to be suspicios, if a deal looks to good to be true, it's probably a fake.
Using Paypal does not entitle you to compensation automatically. They have to be approved seller or something, symbol of paypal next to their listing. I bought a reel protector from someone before x'mas for