Capital One did not accuse the Trump Organization of illegal money laundering. The lender notified the Trump Organization in March 2021 that it planned to close the accounts. The Trump Organization and Eric Trump filed a lawsuit in a Florida federal court in March 2025. The Trump Organization and Capital One did not immediately respond to requests for comment. Related articlesCapital One says Trump Organization accounts closed after AML review5 reasons why Jefferies thinks Meta's pullback is a buying opportunityAs Claude disrupts stock market, Anthropic researcher warns 'world is in peril'