CAPITAL ONE SAYS IT CLOSED TRUMP ORGANIZATION’S ACCOUNTS AFTER ANTI-MONEY-LAUNDERING REVIEW

Disclosure from 2021 investigation marks first time a bank has formally tied money-laundering concerns to Donald Trump Capital One Financial hit back on Friday against a lawsuit over its ⁠decision to close the Trump… The disclosure marks the first time a bank has formally tied money-laundering concerns to Donald Trump’s family business.

US news | The Guardian reports that disclosure from 2021 investigation marks first time a bank has formally tied money-laundering concerns to Donald Trump Capital One Financial hit back on Friday against a lawsuit over its ⁠decision to close the Trump…

The report adds: The disclosure marks the first time a bank has formally tied money-laundering concerns to Donald Trump’s family business.

Capital One is seeking to dismiss the case by casting doubt on claims of illegally debanking – or denying services on religious or political grounds – the Trump Organization.

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