Capital One Closed Accounts Linked to Donald Trump Over Anti-Money Laundering Concerns
Capital One stated in a filing that it closed hundreds of bank accounts linked to Donald Trump and his businesses in 2021 due to anti-money laundering concerns.
San Francisco Oakland San Jose, CA, August 3, 2026 —
Capital One Financial Corp. closed hundreds of bank accounts connected to former President Donald Trump and his businesses in 2021, citing concerns related to anti-money laundering protocols. The information was disclosed in a filing by the bank.
The specific number of accounts closed was not detailed, beyond stating it was in the hundreds. The filing did not provide further specifics regarding the nature of the anti-money laundering concerns.
The accounts were reportedly closed during 2021. No other details regarding the timeline or specific business entities involved were provided in the statement.
Capital One’s disclosure comes as part of regulatory filings. The bank has not offered further comment beyond the information contained within its official statement.
The exact nature of the anti-money laundering concerns that prompted the account closures was not specified. Similarly, the specific Trump-related businesses or entities affected by these closures were not identified in the filing.
Further details regarding the internal review process or any specific transactions that may have triggered these concerns were also not made public.
Story summarized from the original created by KGO-TVWebTeam@email.disney.com(KGO-TV San Francisco) on abc7news.com, see more information here.
