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 reviewIran threatens regional energy fields if the U.S. launches fresh attacksU.S. embassies issue evacuation warnings across Middle East amid Iran strikes