Capital One says it closed Trump Organization accounts over money
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 d
Capital One bank has asked a federal judge to dismiss a lawsuit from the Trump Organization over the closure of hundreds of bank accounts back in 2021, arguing in new papers that the shutdowns were the product of a monthslong anti-money-laundering review — not retaliation for the Jan. 6 Capitol riot, as the Trump family businesses have claimed. In a motion to dismiss the case filed Friday in a Florida federal court, Capital One’s lawyers wrote that the bank’s own filings and the Trump businesses’ allegations “make clear that Capital One closed Plaintiffs’ accounts for anti-money laundering (’AML’) reasons.”