Bank accounts held by #Trump were closed by #CapitalOne in 2021 after it flagged financial activity that had characteristics of #MoneyLaundering, the bank disclosed in a court filing over the weekend.

The filing is tied to a lawsuit filed against CapitalOne by one of Trump’s financial holding companies shortly after he was sworn into office a 2nd time. Trump alleges CapitalOne closed his accounts for political reasons, following the #Jan6 insurrection.

#criminal #law
https://apnews.com/article/trump-capital-one-debanking-money-laundering-5f5cc717e1e011e6195bd765c8f90bad