This is a very naive view. Stripe have an excellent page [0] on why this doesn't work. The short summary is that each chargeback will cost you $15 (plus returning the transaction), and if you have more than 100 fraudulent transactions in a month you get put on a monitoring list and if you don't bring the number down your account will be suspended. The stakes are very high for the person accepting a merchant agreement with Visa and MasterCard.

[0] https://stripe.com/docs/disputes/monitoring-programs