ash411
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Fraud is deception with an intent to obtain a benefit. If the purpose of the deception is to obtain a benefit by allowing the club to recruit more/better players than they could otherwise, and potentially earn greater $$ through playing success, I don't think it's too hard to join the dots. It's unlikely to go down that path though.
By that logic, bluffing in poker would be illegal.
It's not about obtaining a benefit, it's about stealing something (money, goods) by deception.
From law.com...
fraud
n. the intentional use of deceit, a trick or some dishonest means to deprive another of his/her/its money, property or a legal right.
Deceiving in order to gain a benefit is just lying, or bluffing. You can't be arrested for lying to someone to gain an advantage in a game, if you could, people would be arrested en mass every day.