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When my Brooks got nicked and I found it on ebay, I won it back and got as much info as possible to give the police. They will be slow, but they did at least do something. Paypal refunded me, mostly out of goodwill. Probably won't for a >£800 bike but you never know.
Best thing is to go to the police station (there's one in Belgravia) in person and insist on speaking to someone.Check they haven't used the same username on other services too.
hamrack
@Sumo >> OMG !!!!! yes that's it... have just PM'd the guy ...
Thanks !