-Amazon could identify those fake reviews, but doesn't want to play a cat+mouse game and would rather leave the fake reviews as-is, and easier to spot. If they start targeting harder, the fake reviews will get harder and harder to spot.
-Fake reviews (even 5* reviews) may be placed on products by other sellers in a product category to try and get a product banned. The top ranked seller will earn substantially more than the #2 seller. If you're the #2 seller, pay for a bunch of fake reviews on the #1 seller's product, then gather evidence and submit to Amazon to get the #1 seller's product banned.
-Short-term incentive is for Amazon to leave the reviews (higher scored products get more sales). Seems not too probable, but not sure.