Actually, this is valuable data. As a potential employer, I care more about the candidate's ethics (or lack thereof) than their ability. I could always teach them, but I could never trust them. Coursera should just publicly identify cheaters so I can cross check against resumes or certifications. Problem solved.
is such a thing possible? I am not saying one way or another. I am saying it's not the be-all, end-all signal, and you should prove that it even goes in the direction you suggest. :)