Trump Accounts Were Closed in 2021 Over Money Laundering Concerns, Capital One Says Capital One has revealed that it closed Donald Trump's bank accounts in 2021 due to concerns over money laundering activities.
This disclosure comes as part of a lawsuit filed by the former president against the bank, alleging that it illegally shut down his accounts for political reasons.
The controversy surrounding Trump's banking relationships dates back to his departure from office in 2021.