Re: Can't say I'm very sympathetic.
Translate this scenario into a bricks and mortar purchase of a game and you will see how ridiculous it is.
Rascal buys game with your CC details from GAME.
CC company refund your account and block the payment to GAME.
GAME come round your house and take all your other games until you pay them for the game that was stolen from them by the Rascal.