It is far worse if your customers find out by themselves that you lied to them. And I would say this is rather a question of when than if. Some of them will notice that all your employees have the same writing style and/or make the same spelling errors. I’ve once uncovered a “fake” company this way. The quality of their/his service was still as good as in the beginning, but I just couldn’t trust them/him anymore …
Of course, you may lose some projects for beeing “to small”, but it’s even worse beeing known as a liar.