You mean, exactly like there been, from Sam Altman's sister?
It would be like if AlphaGo could only win if the Go board was half as big. Not real fraud, but shows a clear willingness to cut corners and stretch ethics.
I would view it as the equivalent of making self-driving cars that are constrained to a single city. Sure, it doesn't have the full capability that a human would have. But who cares.