The SHO crank damper bolt is a real odd animal.
It's M14-1.5mm pitch, the shank length to the back of the ****** is 50mm.
The ****** is 47mm diameter and 6.3mm thick. It has to be this large to apply compression force to the damper ****** that slides over the crank snout. The radius on the back side of the ****** to the unthreaded shank is quite large, which tells us something about the forces transferred into the ******.
Click thumbnail to enlarge.

The large, strong ****** applies a compressive force to the inner sleeve of the damper, which is actually sort of soft material. This causes the damper sleeve to compress and deform a little bit, so it fits very tightly around the crank snout. This is why you can often push the damper onto the crank snout, but once it's been bolted down for awhile, you need a puller to get it off.
You aren't going to accomplish the above with a regular bolt and a flat washer.
Here's a possible solution that a SHO parts vendor could undertake. Source a bolt like this:
M14-1.5 X 60mm at McMaster. Then have a machine shop make a ******, 47mm O.D. and 10mm thick with a clearance hole for a 14mm shank. Get the ****** hardened and sell a replacement crank bolt assembly. M14-1.5 is unfortunately a little bit uncommon, and it may take some searching to find something with more tensile strength then prop class 8.8, 116,000 psi tensile.