Devil's advocate here but a fake profile would surely be against the T&Cs of Facebook, wouldn't it?
surfisup1000:
Fake account, for the purposes of just seeing your friends posts.
You want to bank, but don't want to use internet banking, you want to do social media, but you don't want to join facebook (or other).
I get wanting to protect your security and privacy, but you can mitigate these things by being careful.