From their Editor-in-Chief page:
Editor-in-Chief Defined: Writers that aspire to become chief editors are expected to submit an average of one-and-a-half articles per day. In addition, a chief editor and his/her team must accumulate an average of 1 million page view each month. Though the task may appear difficult, those that aspire to this lofty goal will be taught and assisted by a Frackle member that has consistently accomplished this task. Writers, honored as Chief Editors, receive compensation above the industries standard.
That is not the job of an Editor-in-Chief. You don't audition for that role and a writer is not the same as an editor, as we all know.
They seem to be trying to trade on the well-known New York Times name, not to mention the New Yorker, and I think this will likely get them into considerable trouble.
I have been unable to find any information on Frackle Media Group, but I will keep looking.
Right now, this is raising so many red flags for me, I feel like my eyes are bleeding.