Apart from IELTS being a requirement for some VISA applications or an acceptance into a certain school, it's also meant to assist you in realising whether or not you'll be able to meet the communication demands of your new environment. Failure to which, one would put more effort in learning how to communicate proficiently in English.
Another thing is, if you bought it, you'd probably get caught. IELTS (the organisation) has measures in place to verify whether or not Test Report Forms (TRFs) have been issued by them, or if they are forgeries. There is a high level of security that goes into IELTS exams.
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