Capital One links Trump Organization account closures to AML review, seeks dismissal
TL;DR Summary
Capital One says it closed more than 300 Trump Organization accounts in 2021 after review by its AML team, tying the closures to anti-money-laundering concerns and asking a Florida federal court to dismiss the Trump Organization’s lawsuit alleging political discrimination in debanking.
Topics:nation#anti-money-laundering#banking-regulation#business#capital-one#debanking#trump-organization
- Capital One cites anti-money laundering concerns in Trump Organization case Al Jazeera
- Capital One says it closed Trump Organization accounts over money-laundering concerns NPR
- Capital One bank cites money-laundering probe to justify closing Trump Organization accounts France 24
- Capital One says anti-money laundering review led to closure of over 300 Trump Organization accounts The Times of India
- Capital One Cites Money Laundering Review in Trump-Related Suit Bloomberg
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