Care to elaborate why not?
The moment you deviate from an standard, it becomes troublesome for someone else. Imagine you decide to run 1 100mbps and 2 analogue phone extensions through your CAT5 cable at the office. 3 years later, you leave...
Now a new guy comes in, replaces a switch / patch panel / whatever, and low and behold - 110V gets zapped through his Switch and/or NIC in the PC, and equipment is blown.... (and this can happen to someone at your home as well, as CAT5 is generally low voltage and doesn't carry enough to shock anyone - no one really cares to be careful with the connectors / exposed copper on the connectors.... Untill ofcourse, you deviate from an standard, and put high voltage on it).
Nevermind the actual hazzard of serious equipment failure, or electrical shock, there is also significant issues in terms of interference and EMI inside the cable which will have an impact on the performance of the network (this can affect other cables in the same 'bundle' as well if STP isn't used. Then there's ofcourse also the complete lack of future upgrading, and potential fire hazzards of wires melting due to heat due to the high voltage over the cables not designed to carry it. Lastly, it's ofcourse, absolute FUN to troubleshoot performance issues with crap like this as well...
It's plain and simple bad practise.
Spend the R25 and buy an propper passive POE injector if you require POE, or R125 odd (which includes an power supply), and do things 1) safely, and 2) correctly. Even better, 3) buy propper 802.3af enabled equipment with an 802.3af capable switch...