i got burned on localbitcoins, $4900 worth on thursday just gone. was paid from fraudulent source so funds were frozen in my bank and is a nightmare 
the bank froze 38 of my bank accounts to go with it, so rather screwed me until investigation is complete from the fraud department
the bank froze 38 of my bank accounts to go with it, so rather screwed me until investigation is complete from the fraud department
Localbitcoins really is terrible. PayPal should not even be offered on there, period.
Was your bank transfer from within the same bank or two different banks? CBA have told me if someone were to wire me fraudulent funds that they would not be withdrawn without my consent, and I did specify it was for a BTC trade.