Capital One: Trump Organization accounts were closed after money laundering review
Headline from KRQE Albuquerque, on the newest of 2 developments
“The closures were the result of months of analysis and a careful review by Capital One’s [anti-money laundering] team in accordance with bank policies and regulatory guidance."
KRQE Albuquerque's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Developments in this update
2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.
Capital One court filing discloses why bank shut down Trump accounts in 2021
Headline from NBC 5 Dallas-Fort Worth ·
Newest
Capital One: Trump Organization accounts were closed after money laundering review
Capital One Financial on Friday defended its decision to close more than 300 Trump-affiliated bank accounts back in 2021, stating that it did so after a money-laundering review. The disclosure marks the first time a bank has formally tied money-laundering concerns to US President Donald Trump's fam…
The bank is asking a judge to permanently dismiss a lawsuit from Trump-affiliated businesses, arguing a monthslong internal review — not the Jan. 6 riot — explains why hundreds of accounts were shut down in 2021.
Capital One Financial Corp. said in a court filing late Friday that it closed accounts belonging to President Donald Trump’s sprawling real estate company in 2021 for legitimate reasons after an internal review by the bank’s anti-money laundering team.
Bank accounts held by 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.
Capital One has asked a judge to dismiss a lawsuit accusing it of debanking President Donald Trump's organization after the January 6, 2021, riot at the Capitol in Washington, DC.
SAN FRANCISCO >> 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.
NEW YORK (AP) — Bank accounts held by 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.
Capital One closed President Donald Trump’s accounts in mid-2021 after flagging financial activity that resembled money laundering. The bank disclosed this in a court filing over the weekend. Trump has sued Capital One, alleging the closures were politically motivated following the Jan.
By Allison Morrow, CNN New York (CNN) — Capital One closed hundreds of Trump Organization accounts in 2021 “for anti-money laundering reasons,” the bank disclosed for the first time in a court filing Friday night.
Capital One says it closed hundreds of accounts associated with President Trump and his businesses in 2021 "for anti-money laundering reasons," according to a filing.
Capital One Bank said concerns over money laundering were behind the closure of one of President Donald Trump’s bank accounts in 2021, responding to a lawsuit from one of Trump’s financial holding companies.
Capital One says it closed hundreds of accounts associated with President Trump and his businesses in 2021 "for anti-money laundering reasons," according to a filing.
Capital One says it shut down hundreds of bank accounts tied to President Donald Trump and his businesses in 2021 because of an internal anti-money […] Source
“The closures were the result of months of analysis and a careful review by Capital One’s [anti-money laundering] team in accordance with bank policies and regulatory guidance."
Trump’s family organization saw hundreds of accounts closed after a major bank found it was moving money around in a suspicious way. In a new court filing , Capital One revealed that it closed the cluster of more than 300 bank accounts belonging to Trump and his family in 2021 after they were flagge…
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
Capital One: Trump Organization accounts were closed after money laundering review | Since Then
