[Opinion. Just when you think the Grifter-in-Chief couldn’t get any dirtier, here we are. All associated with Trump should be in jail.]

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

Reuters: 2 Aug 2026 01.04 BST

SOURCE: https://www.theguardian.com/us-news/2026/aug/01/capital-one-trump-organization-money-laundering

Capital One Financial hit back on Friday against a lawsuit over its ⁠decision to close the Trump ⁠Organization’s bank accounts years ago, stating that it did so after a review by anti-money-laundering experts.

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.

Capital One has never accused the Trump Organization of money laundering. But Friday’s filing argues that “documents and Plaintiffs’ own ‌allegations make clear that Capital One closed ‌Plaintiffs’ accounts for anti-money laundering (‘AML’) reasons.

“The closures were the result of months of analysis and a careful review by ‌Capital One’s AML team in accordance with bank policies and regulatory guidance.”

Capital One said in Friday’s filing that the Trump Organization’s allegations of political pretext were “misguided” and “based on cherry-picked quotations unsupported by the full context” of documents submitted to the court.

“The transaction patterns identified by Capital One are among the types of activity flagged by federal banking guidance,” the filing said.

Capital One gave notice of its plans to close more than 300 Trump-affiliated bank accounts in March 2021.

TOB Trump on line bank .

Coming soon.

Bitcoin not accepted !