I would say it's still considered wasted. I mean, it's been flagged to death and all the comments are pretty much just yelling SCAM SCAM SCAM, lol. I don't see a single positive for the user who did this unless his fetish is burning money or something.
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It was flagged after it turned out to be a scam, but yeah, probably why they out so much into promoting it.
Ah, I just assumed it got flagged pretty damn quickly, seemed like everyone smelled a rat right away. I'd like to believe the guy pissed away almost a grand just to look like an asshole :P