I've seen plenty of fake camcorders, but at least they record video. This one doesn't. The Mitsuba V2003 is a 35mm film still camera and audio cassette player designed to look like a real camcorder from the late '90s. It does play audio from the cassette, but it neither records nor plays back video of any kind.
That would just be a funny little toy if unscrupulous sellers didn't put fake brand names on these (I've seen "Panasonic" and "Sony" so far) and tried to sell them as real camcorders, to unsuspecting buyers who probably didn't know anything about camcorders but thought they were getting a bargain.
Hopefully the days of that are over because Mitsuba no longer makes this model, and besides, more and more people are familiar with how a video camera actually operates, and would expect one to be much smaller and lighter than this. But yet the leftovers of this past fraud still remain on places on eBay.