Capital One Defends Account Closures | Augusta Georgia News

Capital One is fighting back against the Trump Organization’s lawsuit, arguing it’s a baseless political attack — not a legitimate banking dispute. The bank claims it shut down over 300 Trump-linked accounts in 2021 for money laundering concerns, not politics, and says its anti-money laundering experts followed all legal guidelines. Capital One also notes it gave the Trump family ample time to find new banks and insists their process was thorough and lawful. Now, the bank’s lawyers say even after discovery, the Trump side hasn’t changed its flawed claims — just spinning conspiracy theories about political bias. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/da6957440725768f