Grossly misrepresenting work experience in a job application does sound a bit like misrepresenting a material fact in order to obtain action by another party, where the other party relies on the misrepresentation and suffers injury from it.

Now I wouldn't want to have bootcamp graduates prosecuted for fraud, and it would be near impossible to put any concrete number on the damage anyways, but I do wonder if bootcamps that systematically abet graduates to commit fraud run afoul of any laws.