He has already promised to do a transaction to refund your money, but until now he hasn't done it yet, and whats worse, there are other victims who got conned.
Why not you guys who got conned, make a police report , then come back here, and between your self, exchange the report id no , and go again to the police station and show them that this conman has cheated more people , and i am more than sure, they will surely take action againts him. He has everything to lose once they start searching for him or send him notices. IF he doesn't pay up, make a police report ASAP since you have his details.
Y keep on delaying? Do it now , and show these conman that we're in 2008 and no more 1999. . .

Good luck..