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there is no risk... because risk implies a chance, ever so slight, of another outcome being possible.
in the case of a multi=boxer getting reported.. regardless of server pop... there is no risk here.. it's guaranteed.
and if a GM responds... there is no risk of him checking account names... again.. guaranteed.
and whether or not there is a risk of your accounts getting banned for account sharing... no risk...
as it is guaranteed.
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Keyclone pretty much sums it up...IF you're reported for botting, that's the first thing they look at. A couple of us have already gone through it(though one was only slightly different, tooks months but he got it back because the name was blood-related at least)
Better to save yourself the heartbreak now and buy your own same-named account to replace it before you get high lvl'd lol