Capital One closes hundreds of Trump Organization accounts over AML concerns
TL;DR Summary
Capital One disclosed in a Florida court filing that it closed more than 300 Trump Organization accounts in 2021 due to anti-money-laundering patterns, denying political motivation and noting a months-long, law-enforcement–style review; the Trump Organization has challenged the rationale, while Capital One says affected clients were allowed to find new banking services as the litigation unfolds.
- Capital One says it shut down hundreds of Trump Organization accounts over money-laundering concerns CNN
- Capital One says it closed Trump Organization accounts over money-laundering concerns NPR
- Capital One says it closed hundreds of Trump's bank accounts in 2021 'for anti-money laundering reasons' ABC News - Breaking News, Latest News and Videos
- Capital One says Trump Organization accounts were closed after money laundering review The Hill
- Capital One asks a Florida judge to dismiss President Trump's trust lawsuit over closed accounts - CBS Miami CBS News
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