I thought this reply on VMF was pretty interesting.
"Fraud must be proved by showing that the defendant's actions involved five separate elements: (1) a false statement of a material fact, Is this the exact car that won the concours, all original award? If something has been changed then the answer is no. (2) knowledge on the part of the defendant that the statement is untrue, Again, if they made a change, then they know this not to be true. (3) intent on the part of the defendant to deceive the alleged victim, Did they disclose that the items on the car when it won these awards have since been changed? (4) justifiable reliance by the alleged victim on the statement, Is the buyer justified in believing the sellers statements to be true based on undisputed facts (in this case a well known collector or a nationally recognized award? and (5) injury to the alleged victim as a result. Did they overpay for a false car?
This is fraud.
On a lesser note, swapping parts "among friends" to "win" an award only shows that all parties involved are as shallow as a $99 Maaco paint job.
Workhorse