fabrikate
When you take a piece of junk and pretend it's gold. You stamp it with letters, say it's yours, and then sell it to some sucker for a bunch of cash.
He fabrikated a watch out of a toaster and sold it for $100.
She took a rusty wheel and called it 'The Fabrikate of Destiny.'
They fabrikated a whole building just to rent out a single office.