If I understand correctly what it does is create some kind of secure tunnel between two nomx devices if you tell it to. But doesn't starttls do that already if you configure your mail server that way? And it already just works with any compliant email server?
So unless I'm missing something there's absolutely no doubt in my mind that this is a scam. Kudos to the author for bothering to find flaws in the admin interface but honestly at this point I'd just have reflashed the raspberry pi and used it as a media center.
Even the first picture with the case open is already a huge red flag, not because of the raspberry pi but because of the botched glue gun job.