I have considered simply banning the countries where porn is illegal or where fraud is so high the charge backs don't warrant the traffic.
If you consider these people are looking for porn but can't buy it because of their countries laws or govt filters, you have to accept the fact that they are not going to want to see something such as a tshirt site if you redirect them and they will simply go elsewhere anyway in their continuing search.
That said there seems no point in having their traffic waste your resources if they do make it to your sites. I just haven't had time to put together a list of all of the countries I may consider banning to see if such a consideration is even viable.
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