I wouldn't be so quick to discount the technology's potential. While the commercial operation you cited is probably dubious at best, and while it may be true that the current state of the technology is as unreliable as you say for the purposes of credibility assessment, I still believe the future of fMRI research holds incredible potential.
Keep in mind that as far back as 2011, researchers succeeded in reconstructing images from the visual cortex[0].
Moreover, the intelligence community has far more resources and motivation to perfect such a technology. It's possible they may already have advanced well beyond what's currently known today. If not, then they certainly will in the future, provided the technology continues to hold its promise.
[0] http://news.berkeley.edu/2011/09/22/brain-movies/