OP, open the flag and lets paint the account advertising this scam for good. There is no use in withholding the option to put a warning banner on this account. The account's username says everything. They are not here for hiring a bounty manager but using their own account to scam users.
These scams come up everyday but not every one of those make the mistake of creating an ANN here. Since these guys thought of doing so lets not waste the opportunity to flag them.
I will tag them right away. Will wait for the flag too.
Whoops! Forgive me as I forgot to include the flag on the post. If you will also look at their ANN, they are holding an auction which the minimum amount is set to 1 btc. Well it is really absurd and pathetic as they attempt to lure more people into this fake project.
Update: Added flag.