Oh please,
1) There is no distortion of the water around the penguin.
2) Penguin is semi-transparent. You can see reflections of the plants behind it through its head
3) Penguin is not facing up in the water or any logical direction.
4) It's just a picture of a penguin rotated and pasted onto the other photo.
5) That thing looks pretty perky for being dead.
Fake, photoshop, lies, whatever you want to call it.