Capital One bank cites money-laundering probe to justify closing Trump Organization accounts

Capital One Financial defended on Friday its twenty twenty-one closure of more than three hundred Trump-affiliated bank accounts. France 24 reports the bank said it conducted an anti-money-laundering review before taking that action. The disclosure marks the first time a major bank has formally tied money-laundering concerns to the President's family business. The Trump Organization had previously alleged that the account closures were politically motivated.

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