If Obama is not a natural born citizen the it would surely be fraud for him to solicit, accept, and spend the millions collected from unknowing supporters. It would also be fraud for him to allow his name to be on the ballot.
I am not naive, though. Election officials, governors, and judges don't give a twit about the rule of law.
Fraud could be easily charged, as donors identified with residence within Maricopa County are easily sorted from campaign finance disclosure reports.
That's a more probable angle of success than trying to keep Obama off the 2012 ballot, as eligibility for the ballot would be under the jurisdiction of the Secretary of State's office (unless there are County statutes which somehow supercede State regulations).
A conviction for fraud might get tied up in court, as it may have to be proven that the defendant had knowledge in advance that a fraud was being committed.
What evidence exists that Obama knowingly allowed his name to be placed on the ballot in violation of the NBC requirement? Would the separate document submitted to Hawaii and signed by Pelosi, meet that standard?
Even if the BC proves BO was not an NBC, can a court get a jury to believe BO was aware of "Vittle" and other obscure and sometimes conflicting case rulings, in advance of his candidacy?