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Can't the original owner randomy close the account? Doesn't Valve know?

I understand if you have two accounts under the same number and one of them gets banned they're both banned but what if I take a number off an account, put it on a new one and the original number...

Can region locked gifts be activated with VPN and played without it just like a region locked key?

What's the percentage of accounts being banned/deleted for doing these activations?

Is it possible and if so how could I go about setting one up?

You can use it without VPN after redeeming the code?

Do you have to let it download?

Doesn't steam frown upon this and ban all your accounts cause of it?