"Fake Love888" is rumored to be non other than Patrik Antonius.
Antonius resides in Monaco (so does Gus Hansen) where also the "Fake Love888" account is registered from. The account was opened in 2007, but it was barely active for years, until September 2011 when it started to be fairly active again.
"Fake Love888" selection of games and style of play is pretty similar to what Antonius applies on Full Tilt. A wide selection of games, such as Pot-Limit Omaha, No Limit and Limit Hold 'em, H.O.R.S.E and a variety of draw games, rarely lower than at the very highest stakes, on relatively few tables simultaneously, seldom more than three.
Another similarity between the "Fake Love888" account and Patrik Antonius on Full Tilt is that the other regs often tend to sit out versus him.