Capital One says it closed Trump Organization’s accounts after anti-money-laundering review
Americas2 sources2 countries🔦 Under-reported44m ago
Capital One Financial stated on Friday that it closed more than 300 bank accounts affiliated with the Trump Organization following an internal anti-money-laundering review. The bank disclosed the rationale in response to a lawsuit regarding its decision to shutter the accounts, which notice was given for in March 2021.
According to the disclosures, this marks the first time a financial institution has formally tied money-laundering concerns directly to Donald Trump. The revelations stem from a 2021 investigation by the bank into the Trump Organization's accounts.
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How the coverage differs
Same story, different emphasis — here's what each outlet chose to lead with.
The Guardian World (GB)Highlights the historic first-time disclosure linking money-laundering concerns to Donald Trump.
Free Malaysia Today (MY)Focuses on the specific scale and timeline of the closed accounts.
Newz