Capital One defends 2021 closure of Trump accounts over AML concerns

Capital One says Trump accounts were closed over anti-money-laundering concerns

PBS • 03 Aug 19:37

Capital One disclosed that it closed President Donald Trump's accounts in 2021 after its anti-money-laundering team flagged activity resembling money laundering, and the bank is seeking dismissal of the related lawsuit.

Capital One says Trump accounts were closed in 2021 over anti-money-laundering concerns

AP News • 03 Aug 18:41

Capital One disclosed that it closed President Donald Trump's accounts in 2021 after its anti-money-laundering team flagged suspicious activity, and the bank is seeking dismissal of the lawsuit alleging political motives.

Capital One defends account closures linked to Trump Organization amid lawsuit

Al Jazeera • 02 Aug 16:30

Capital One Financial has responded to a lawsuit from the Trump Organization regarding the closure of over 300 bank accounts, asserting that the actions were based on anti-money laundering reviews.

Capital One Defends Closure of Trump Organization Accounts as Anti-Money Laundering Action

CNBC • 02 Aug 01:56

Capital One says its 2021 decision to close more than 300 accounts linked to the Trump Organization was based on anti-money-laundering analysis, and it is seeking to dismiss the lawsuit alleging political bias.

Capital One says Trump Organization accounts were closed after AML review

The Guardian • 02 Aug 00:04

Capital One argues that it shut more than 300 Trump-affiliated accounts in 2021 following an anti-money-laundering assessment, and seeks to dismiss a lawsuit alleging politically motivated debanking.