Skip to content
Frisco News

Capital One court filing discloses why bank shut down Trump accounts in 2021

Capital One court filing discloses why bank shut down Trump accounts in 2021
Photo: NBC 5 Dallas-Fort Worth (KXAS) - Top Stories · view original

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. The court filing is tied to a lawsuit filed against Capital One by one of Trump’...

Sources and story details