That is correct.
I hereby request the recipient character to transfer the ISK back to the buyer and settle the transaction according to the Forum rules. The process here has been documented and will be forwarded directly to CCP if I have not received confirmation from both buyer and seller within 24 hours that the isk has been a. transferred back to the buyer, and then b. transferred to the character for sale.
Please also be acutely aware that scamming using character sales is a violation of the EVE Online EULA, and any individuals found to be involved in character sales scams will be permanently banned from EVE Online across all their accounts with no recourse.