BUSINESSSCMP CHINA
Trump accounts were closed in 2021 over money-laundering concerns, Capital One says
Capital One closed US President Donald Trump's bank accounts in 2021 due to flagged financial activity resembling money laundering, as disclosed in a court filing. The filing relates to a lawsuit by one of Trump's financial holding companies against Capital One, with Trump alleging the closures were politically motivated following the January 6 attacks.
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Adjacent reporting
- Trump bank accounts were closed due to concerns over possible money laundering, Capital One says
- Trump bank accounts were closed due to concerns over possible money laundering, Capital One says
- Capital One says it closed hundreds of Trump's bank accounts in 2021 'for anti-money laundering reasons'
- Capital One says it closed hundreds of Trump's bank accounts in 2021 'for anti-money laundering reasons'