Capital One Closed Trump-Linked Accounts Over Money Laundering Concerns
Capital One stated it closed approximately 300 accounts linked to Donald Trump and his businesses in 2021 due to concerns over money laundering. The bank's disclosure comes as Trump's organization has accused the bank of discrimination.
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Trump accounts were closed in 2021 over money-laundering concerns, Capital One says
Bank accounts held by US President Donald Trump were closed by Capital One in 2021 after it flagged financial activity that had characteristics of money laundering, the bank disclosed in a court filing over the weekend. The court filing is tied to a lawsuit filed against Capital One by one of Trump’s financial holding companies soon after he was sworn into office a second time. Trump alleges that Capital One illegally closed his accounts for political reasons, following the January 6 attacks ...
By Associated Press
Read full article →Trump's Bank Accounts Were Closed In 2021 Over Money Laundering Suspicions
The court filing is tied to a lawsuit filed against Capital One by one of Trump's financial holding companies shortly after he was sworn into office a second time.
Read full article →US bank says it closed 300 Trump-linked accounts over anti-money laundering review
Capital One closed over 300 Trump-linked accounts in 2021 following an anti-money laundering review, denying political motivation. Learn more about the Tru Read More: https://punchng.com/us-bank-says-it-closed-300-trump-linked-accounts-over-anti-money-laundering-review/
By Punch Newspapers
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