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

Trump accounts were closed in 2021 over money-laundering concerns, Capital One says
South China Morning Post Monday 03 August 2026, 22:03 UTC By Associated Press 1 min read
Key Points

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...

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 on...
Trump (ORG) Capital One (ORG) Bank (ORG) US (LOCATION) Donald Trump (PERSON)
Originally published by South China Morning Post Read original →

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