Capital One says it closed Trump Organization’s accounts after anti-money-laundering review

Capital One Financial has disclosed that it closed the Trump Organization's bank accounts years ago following a review by anti-money-laundering experts. Per The Guardian, this marks the first time a bank has formally tied money-laundering concerns to Donald Trump's family business. Capital One is defending the closure in a lawsuit where the Trump Organization claims it was illegally debanked—denied services on religious or political grounds.

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