Xbox 360 (Xbox 360)MS slow to remove CC info - 15K points charged on stolen 360Evil Avatar - March 14, 2008
Submitted by Tyrantt00 (825)
at 1:37PM PST on March 14, 2008
After getting most of his gaming possessions and car stolen, Evil Avatar forum member OSX found that someone was purchasing several thousand MS Points under his Xbox Live gamertag. Requests to have his credit card information removed from his account revealed that it would take up to 30 days to complete such a request. Microsoft also refused to take back the points/refund the money spent on said points, suggesting that he take his issue to their credit card company.
1
Assuming that they don't verify the name on the card upon modification, this would indeed be a good stop gap measure prior to MS actually removing the info.