someone I know very well spent $50,000 on BTC-E for Bitcoin and was a victim of "Selective-scamming" and sent the money to the given account in Europe and never heard back and was blocked and banned by admins for trying to gain attention in regards to the theft. His bank said he was SoL (it came from his a trust his parents setup for him for tuition and business investment needs)
This is why its very hard to trust Bitcoin exchanges, it's not easy to recover funds, especially when the person behind the theft knows that if someone is willing to 'risk' $50,000 on BTC they did it out of impulse or just have the luxury of spending money on potential risks, he should have asked his bank if he could somehow authorize the transaction because the other party did not meet the contract and perhaps an admin changed it to show a different account than the rest of the users who have successfully uploaded $ USD for Bitcoin on BTC-E, as myself, having sent $10,000 when Bitcoin was $100-$130 not too long ago.
That really, really sucks. When I use BTC-E, I try to send smaller amounts, because I have heard several horror stories like this. I have never had a problem there, but have heard many times of people losing their money in the system there, and then getting banned for trying to get to the bottom of it...
