I initially paid with paypal

I initialy paid with paypal .. but it came back unaccepted , so he had not set up a paypal account, but he  was happy to respond and ask for a money transfer and supplied bank details . Iv'e got a record of the tranfer to his account , is it worth going to police ? in case this guy is doing over a few people as well as myself , this is small case fraud but could add up , it was $100 but I'd rather donate that money to something worthwhile than let this ......... have it .     

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