Indeed, look! I can't even believe that the fake app got a perfect 5 star from 146 feedbacks

. And I think there are only two possible reasons for that: either the app perfectly copied the original or those 146 people are just paid to tell good reviews. Nonetheless, Play Store must act because what seems right now is that even them are not immune from malicious attacks. Such loopholes make me appreciate iOS more.
They most likely are paid reviews. There are more than enough places to buy them from, and it's a shame that you can literally launch a malicious app on a platform that is supposed to be trusted and get fake positive reviews for a matter of bucks.
Google needs to step up their shit. I used to frequently crap at Apple for their App Store being super restrictive and for their OS being a "walled garden", but I've recently been advocating for the usage of iPhones for non-tech literate friends and family due to crap like this.
Agreed. From ads to fake YouTube giveaways to fake, malicious software on their own services, it's getting really annoying. I would have probably trusted that app if I saw the rating it has, it's one of the factors I consider - only few check source codes.. I usually go to the official websites I need to get something from and get the Play Store link from over there.