Capital One Faces Lawsuit Over Closed Trump Organization Accounts A high-stakes battle is unfolding in a federal court, as lawyers for Capital One have requested that a judge dismiss a lawsuit filed by President Trump's trust over the bank's decision to close Trump Organization-affiliated accounts several years ago. The move comes after Capital One claimed it was prompted to take action due to concerns about money laundering, which were reportedly flagged by financial experts. The Trump Organization, led by Donald Trump Jr. and Eric Trump, has been pushing back against the bank's actions, alleging that the closures were unjustified and part of a broader effort to target the President's business interests. As the case continues to unfold, it remains to be seen whether the judge will side with Capital One or the Trump Organization.
Lawyers for Capital One on Friday asked a federal judge to dismiss a lawsuit brought by President Trump’s trust over its closing of Trump Organization-affiliated accounts years ago, saying it did so only after money laundering concerns were flagged by experts. While attorneys for the Trump Organization, led by Donald Trump Jr. and Eric Trump,...
