Sad, but not really surprising.
I set up an account there and ran about 50 cents worth of Reddcoin in and back out to see if it would work. It did, but being the cynical type I bookmarked the site with the idea of coming back and seeing what their track record looked like after a month or two... I guess in this case being cynical was a good thing...
I hope nobody lost too much money to these crooks.