# Capital One cites money-laundering review in closing Trump-linked accounts

https://mins.news/en/item/11974

- France 24, 2026-08-02 09:46 UTC
- Politics
- Original: https://www.france24.com/en/americas/20260802-capital-one-cites-anti-money-laundering-probe-justify-closure-trump-organization-bank-accounts

> Capital One Financial defended its 2021 closure of more than 300 bank accounts affiliated with Donald Trump and his business organization. The bank said an anti-money-laundering review prompted the decision. Lawyers for the Trump Organization had claimed the accounts were shut for political reasons. The disclosure is the first formal instance of a bank linking money-laundering concerns to the US president’s family business.

## Related coverage

- [Capital One cites anti-money laundering review in Trump Organization account closures](https://mins.news/en/item/12069) — Al Jazeera, 2026-08-02