It’s hard to believe that so recently, “serious” people would fund research of literal mumbo jumbo. By all means, the 90s was a different time epistemologically. We aren’t immune to this today, far from it, though the hoaxes have become way more believable in my assessment.
Putting legitimate resources into a phony cause could be an effective way of leading an enemy astray, if you know they are intercepting or replicating the same research you're doing (or if you happen to " leak " details to them).