I must to say "No" to this project.
Obviously,
there are many reasons.
1. If you're cracking printer ink cartridge chip,
you have shady ethics yourself and
the chances of you getting paid on time and
in the full amount are questionable.
2. Doing this type of work reduces me to a simple execution machine,
and although some of this work may pay the bills,
why purposely pursue it?
3. If it's a true copy,
the only benefit I may receive is payment -
I really won't to use it for a portfolio or example work,
and furthermore,
this type of client(no doubt, just like you) is one I don't want work from in the future.