Whatever you are selling, I would stop.
Assuming the buyer is not lying to you, this sounds real. The only parties that would know about a sale AND a refund taking place are you, the buyer and eBay/PayPal.
I somehow don't see eBay mailing buyers and telling them that a US Customs investigation is going on, unless they absolutely had to. It just looks bad to buyers.
You hear all the time about flea markets being raided, but very little about eBay. Every once in awhile a major seller of counterfeits gets taken down, but this is rare. And everybody knows that eBay is absolutely flooded with counterfeit merchandise. So, it makes sense that sooner or later they would be targeted for a crackdown of some sort.
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