Well, it certainly isn't NEC approved now. It may have been early in the adoption of grounding conductors into the NEC codebook, but that sounds unlikely.
I don't think it's dangerous, as long as those wires aren't live. people need to remember that a grounding conductor does absolutely nothing 99.9999999% of it's existence... its purpose is to provide a direct, positive connection to a zero potential reference to cause the breaker to trip immediately, versus shorting to something with only moderate conductance to ground, which would get hot and cause a fire.
Depending where the fake ground wire terminates, that could be helpful for safety in that any wire breakage that shorted to the metal J-boxes would trip the breaker immediately. If those wires don't end up terminating at a solid ground rod or a metal water pipe (not ideal though) then they aren't doing much.