Presumably you're ok with the months and months of time that you'll have to spend going through court to do so? And maybe this might work for you, but what if you don't have months/years (house purchase?) or if you're broke? Or if you've just quit your job and were planning on using the funds to start a company/retire early? Last time I was a victim of financial fraud, a few hundred pounds was taken from my card. Visa noticed before I did, and phoned me, refunded the amount to my account, and replaced my card, without any hassle or action required from me.

And if the person who stole your life savings can't be found, because they're behind seven proxies?

And based in a foreign country with little rule-of-law.

No you don't.

Because 1) on a personal level you won't be able to pay to avail yourself of the court system, and 2) on a social level the cost of doing fraud screening at the payment processing level is trivial in comparison to the expense associated with fraud litigation.

How does the court find them?