Source: United States & Canada – South China Morning PostBank accounts held by US President Donald Trump were closed by Capital One in 2021 after it flagged financial activity that had characteristics of money laundering, the bank disclosed in a court filing over the weekend.
The court filing is tied to a lawsuit filed against Capital One by one of Trump’s financial holding companies soon after he was sworn into office a second time. Trump alleges that Capital One illegally closed his accounts for political reasons, following the January 6 attacks on…Read More