Yep, definitely a fake. Be aware of Chinese knock offs, as they usually do not come with all that is mentioned in the specs. Plus, if something were to go wrong or it comes to you already messed up, good luck getting any decent customer support.
Indeed. But that's the goal of these so called companies: Make a phone that looks like an iphone, some droid model, etc... and see if people will buy them based off of looks and the low price tag. It's an unfortunate business practice to say the least.