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Trump Family Fight Against Top Bank Backfires Spectacularly
['Erkki Forster', 'Night News Reporter', 'Got A Tip', 'Send It To The Daily Beast', 'Cameron Adams', 'Leigh Kimmins', 'Will Neal', 'Tom Latchem']
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The top bank revealed in a new court filing that its anti-money laundering experts had reviewed the Trump Organization’s accounts before it decided to close the company’s accounts.
The presiding judge, Roy Altman, a Trump appointee, already dismissed an earlier version of the Trump family’s lawsuit in March.
Tom Williams/CQ-Roll Call, Inc via Getty ImagIn Friday’s court filing, however, Capital One said it closed the more than 300 Trump-affiliated bank accounts “for anti-money laundering (“AML”) reasons.”
Carlos Barria/REUTERSThe bank said it was disclosing the anti-money laundering review only because of the Trump family’s lawsuit.
Four years later, in March 2025, the Trump Organization and Eric Trump, the president’s son, filed their lawsuit against the bank in a Florida federal court.