They scammed a bunch of people a few days back (they were on #bitcoin-otc punting their scam), and they've gotten more sophisticated with
a website and
a Twitter feed - I know its appealing to believe that you'll throw a few small amounts at them and you'll get double back, but
obvious scam is obvious.
What they propose isn't even how a ponzi scheme works; their "rules" are practically unenforceable and a glance through
the blockchain page for their address shows substantially more payments to them than payments out. PLEASE don't fall prey to scams like this and similar!