Dodgy High value Auction Scam?

[auctionbusters]

I've been looking at a seller called giftforyouuk and he's selling a large number of very high value cameras and associated kit for very small amounts of money. All auctions start at £3.44 and no matter what the item, there is a buy it now in the text of 1320 GBP.

I enquired about an item and he sent what looked like a stock pasted answer, so I probed a bit more and asked for the item serial number so I could check - in true 'too good to be true' style. Of course he never responded. People are bidding on these items and I'm sure every single one of them will be pulled before they complete because some items are around the £40k mark on the second hand market. Clearly a buy it now of £1320 is nonsensical and therefore I suspect some kind of fraud is going on.

He has listings on other sites and he uses the email reseller.ltd 'at' gmail.com in all of the ads. Any thoughts?

AB.