What if those ppl made a monster guitar and then tried to "brandify" it by passing it as x.y brand (Ibanez in this case).
I have seen "fenders" which were in fact frankecasters.
Mostly the frankencasters were either purposefully or just happened to be some sort of strat type guitar. Now try and find aftermarket parts for a Jaguar or Jazzmaster then you will find the easiest thing is to just get a Fender of that model.
So many of the partscasters parts are keyed into being of the pre-CBS maple or rosewood necked strats. With the proper eye, and a headstock sticker (real Fenders of old were placed over finish of headstock), one can make a pretty believable pre-CBS strat. You can also make a pretty good frankenstrat tele model, too but other than those two you almost have to make your own body (Jaguar, Jazzmaster, Mustang, Bronco, etc).
And while almost anybody can make a fake pre-CBS strat, if you want good pickups and wiring, it won't exactly be all that cheap and then there's the aging of it which takes some time. Fender has done clever things like use a different back plate, mess with 12th fret markers, use different pots or wiring, and other things to make any of their reissues not exactly true to the original. Only a careful study of a pre-CBS Fender strat inside and out and the time to get the proper parts can get the fake job done.
If anything on that Ibanez, the bottom horn may have been modified (what looks like attempting to make higher fret access easier) and the body refinished, but at least that neck with double shark tooth inlays and Ibanez logo appear real. People do all types of mods and they can cost a lot but the cost of making a PII body from scratch and acquiring parts doesn't make it worth the effort for the asking price.