Seems legit.
The rest of the plate is so well done - too bad they totally dicked up the lettering.
That plate number does indeed seem to be registered to a 2014 Jeep Patriot at least, though... which MAY be the right vehicle. Still probably not legal though.
Maybe someone stole their plate, and they're just waiting for a new one?
It's probably to avoid paying tolls, assuming the auto tag readers can't figure out the font
Where did you look up the plate?