The attestation report is signed by a key in the PSP hardware, not accessible by any OS or software, which can then be validated with the vendor's certificate/public-key. If that can be faked, are you saying that those private keys are compromised?
I'm willing to bet if you ran terrorism-as-a-service.com on a protected VM, it wouldn't be secure for long, and if it really came down to it, the keys would be coughed up.