Capital One says it closed Trump Organization accounts over money-laundering concerns (www.npr.org)

submitted 1 month ago by Midnitte@beehaw.org to c/usnews@beehaw.org

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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.

The case centers on roughly 385 accounts tied to the Trump Organization, Eric Trump and a collection of affiliated businesses — including a winery, a bottled-water company and a golf course developer — that banked with Capital One for more than a decade before the accounts were shut down in mid-2021.

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[-] Midnitte@beehaw.org 5 points 1 month ago

385 accounts is crazy - dude is literally trying to run his "businesses" like Kingpin from Season 1 of Daredevil.

If I just make my accounts messy and confusing enough, they wont know all of the laws I break!

[-] Powderhorn@beehaw.org 2 points 1 month ago

"Shit. That's more single-family homes than I can own now."

this post was submitted on 02 Aug 2026

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