I assume the word is in there for the sake of people who don't know what a honeypot is. It gets them curious that law enforcement set up something fake, even if they don't immediately know what it is for.
Is it a honeypot, or does it just look like a honeypot? And if it just looks like a honeypot, isn't that a honeypot? or if it looks like a honeypot that isn't a honeypot does that mean it's the actual thing?
Yes, this surprised me as well. Credit card and Paypal information should give the police everything they need to identify the criminal (in a way that's much more simple and reliable than via IP address, which may be obfuscated via a VPN or similar). Why not take it, it's free?