I can confirm what OP is saying. I participated in their bounty campaign but I didn't sell my tokens. At first it looked like a legit project because they payed me for the tokens that I stacked. Few weeks after I got my bounty tokens and stacked them, they offered to buyback the tokens that were earned trough the bounty campaign. They set the ICO price for the buyback. I decided to sell my tokens and that turned out to be the best thing to do.
Few days after I sold my tokens, they finished the buyback campaign and started some kind of their own exchange on the website (users could buy and sell TELE tokens, but the minimum price was 0.20 ). That's when I started to feel something fishy about the project. Why would people buy tokens on the website when you could buy them on the ForkDelta for the 25% of the price on the website? I was really tempted to buy some tokens on the ForkDelta and stack them. Thank God I didn't do that because they started to block accounts of the people that bought TELE tokens on ForkDelta and tried stacking them. That way people lost their tokens because they already stacked them, and then the team blocked their accounts.