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Actually his idea isnt far fetched. Im sure someone that buys a car for big money and simply made a mistake buying a nicely done clone for big$$ could easily change the tag himself and start a lawsuit. I see it all the time on parts, someone finds a part on ebay for 1/2 of what they just paid and suddenly they want to return the part or all of a sudden they noticed a defect. That trim tag law does give this type of person a little loophole if the buyer is dishonest and simply wants out of his own mistake . Try proving as a seller that the trim tag on a car isnt the one you sold it with.
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In that case he would be a criminal, based on this law. I doubt the owner who swapped tags (because he was unhappy with the car), would then report it to the authorities (knowing what he did was unlawful) so that he could get his money back from the previous owner. This thing has been what iffed to death. I think there's a better chance of a ZL1 engine floating up from the bottom of the Connecticut river.