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Capital One closes Trump Organization accounts over AML concerns
Capital One Financial closed over 300 Trump Organization bank accounts in 2021 following an internal anti-money-laundering review, marking the first time a bank has formally cited money-laundering concerns in connection with Trump's business. The bank is defending against a lawsuit by the Trump Organization, which claims the closures were politically motivated.
Capital One FinancialTrump OrganizationDonald Trump
2026-08-04
2026-08-03
- Trump accounts were closed in 2021 over money-laundering concerns, 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'
- 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'
- Capital One says it closed several Trump accounts 'for anti-money laundering reasons'
- 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
2026-08-02
- Capital One says it closed Trump Organization accounts over money-laundering concerns
- Capital One cites anti-money laundering concerns in Trump Organization case
- Capital One cites money laundering probe to justify closure of Trump Organization bank accounts
- Capital One says it closed Trump Organization’s accounts after anti-money-laundering review
- Capital One says it closed Trump Organization’s accounts after anti-money-laundering review