[dennisgorelik]

Money launderers launder money from stolen credit cards.

Chargebacks are filed a month or two later by owners of these stolen credit cards.

[Daniel_Newby]

You are describing fraud. Money laundering is the redirection of the proceeds of illegal business to make it look like legitimate income.

[dennisgorelik]

Fraud IS illegal business. Purchasing goods using stolen credit cards is part of a process of making it look like legitimate income.