They do not, but the financial system is the same everywhere in the world, you do not want to be labelled as a high risk jurisdiction by the banks, acquirers and PSPs.
Let us use an example, Moldovian fraudsters using stolen credit cards and kyc docs online, this leads to chargebacks etc.
None of these cards are issued in Moldova, they are issued by american, british, new zealand, spain etc.
These banks often have offices in the countries where the fraudsters reside and they will absolutelly go for the fraudsters, if the word is that their cards and products can be compromised without consequences, they will lose a lot of revenue, customers, trust and reputation.
The government will not tolerate them becoming a high risk jurisdiction because of some carder kiddies, they will totally look them up.
I have friends who know many russian(many are coming to southern europe and russian friendly countries like serbia) friends who tried some stuff like that out of pure desperation, none of them made big money, but all of them eent to prison.
I work in finance and had personal correspondence with some fraudster groups, if you explain to them how you are going after them preciselly, step by step, they will immediatelly offer a truce. I am talking about really highly sophisticated groups here.
They know to not fly too close to the sun.
