Yeah. Loopholes are usually filled with the bodies of those that abused it to the point of being paved over. So even if Chad was winning, he lost, and the ability to play will be removed.
The article spends at least 4 paragraphs explaining how the scheme works, did you read it?
There is no loophole, since what they did was illegal to begin with and they knew it, it's a very basic and common scheme, it's VAT fraud and that type of fraud has existed since VAT exists.
It's VAT fraud, so literally tax fraud.