Yeah at least going by what's reported in this article, Peter seems pretty neck deep in the scamming. If it's not intentional the most charitable interpretation i can think of is he's gone senile and someone else is using his name to run the scams:

Molyneux has copped to failures with Godus several times, saying he's learned his lesson about overpromising - usually while making grand proclamations about what his next game will be. Godus Wars was followed by 22cans' only other game still available on Steam, The Trail, which Molyneux said would "build on feelings and emotions untapped so far."

Last month, 22cans released their latest game, the business management and invention sim Legacy, which seems to be Molyneux operating in his Theme Park/The Movies mode - except that Legacy is a Web3 blockchain game and they sold £40 million in NFT land two years before launch. 22cans updated Legacy players earlier this month to explain that they'd be ramping up marketing efforts on Legacy soon so as to help attract tenants for its current population of wannabe digital landlords.

Molyneux, meanwhile, began talking about 22cans' next game back in October with launch of a development blog for a fantasy RPG set in Albion, which is also the name of the fantasy Britain where Lionhead's Fable was set.