🌹 JD McKeehan 🌻Mar 10, 2025
Wendy Siegelman

Capital One Shuts Down 300+ Trump Organization Accounts in Move Seen Against Money Laundering

Accounts affiliated with the Trump Org held millions of dollars belonging to them and affiliated entities.

The Trump Org complaint accused the bank of “egregious conduct”

A spokesperson responded, saying, “Capital One has not and does not close customer accounts for political reasons.”

#Trump #TrumpOrg #TrumpOrganization #MoneyLaundering

https://dailyboulder.com/capital-one-shuts-down-over-300-trump-organization-accounts-in-move-seen-against-money-laundering-court-docs/

Capital One Shuts Down Over 300 Trump Organization Accounts in Move Seen Against Money Laundering: Court Docs

Capital One has reportedly closed more than 300 accounts belonging to the Trump Organization as well as various accounts belonging to numerous Trump family members, according to legal filings. The accounts affiliated with the Trump Organization held millions of dollars belonging to them and their affiliated entities.

The Daily Boulder
Mar 10, 2025 at 2:41pmWeb
Show threadFElon&Felon47🇺🇦🇨🇦🇩🇰🇹🇼Mar 10, 2025
@wendysiegelman
I know I've said this every other day for the last 5 weeks but no really this time "I'm scared shitless of what might be about to happen."
Show threadClickyMcTickerMar 10, 2025
@wendysiegelman If they were serious about freedom they would be defending the pornography industry with an identical claim. But they’re not, so that’s all the proof we need.
Show threadMarc ScheffelMar 10, 2025
@wendysiegelman now, all the other banks that continue to do business with that org are suspect.
Show threadsOlOw-NHMar 10, 2025

@wendysiegelman

Grifters gonna grift again

Show threadBarbara MonacoMar 10, 2025
@wendysiegelman
Well, well, well...👀
Show threadsOlOw-NHMar 10, 2025

@wendysiegelman

This should be the news of the day

Show threadEndicottRoad59Mar 10, 2025
@wendysiegelman Follow the money.
Show threadVenitaMar 10, 2025
@wendysiegelman It's always all about the Benjamins
Show threadDoreen32128 ready to rumble!Mar 10, 2025
@wendysiegelman Over 300 accounts? #shady
Show threaddiskyMar 10, 2025
@wendysiegelman Great, let's get a lawsuit going and wait for our president to pardon everyone involved.
Show threadMark R. StonemanMar 10, 2025
@wendysiegelman Not sure what to make of this, how to understand it. To whom in the US are banks accountable when money laundering is involved? I thought Treasury. To whom is CapitalOne accountable outside the US? Is the lawsuit something they wanted in order to be able to bring issues to the light of day? Or is this backroom poker of some kind, whether financial or regulatory?
Show threadDaedaleanMar 10, 2025
@wendysiegelman nice to not every big company is bowing down.
Show threadjohnn_bunyanMar 10, 2025
@wendysiegelman This might be fake.
Show threadLoseFriendsandAlienatePeopleMar 10, 2025
@johnn_bunyan @wendysiegelman It's not. It's all over the news and confirmed to be true.
Show threadGlennMar 10, 2025
@wendysiegelman I worked as a programmer for a large accounting firm. Everyone, even non-accountants, had to take multiple classes on identifying money laundering. Real estate and combined with a large number of complicated bank account relationships is a red flag. I have always assumed that when Trump sold condos in Panama to Russian oligarchs it was a dirty money scheme. Trump's cozying up to crypto follows the same pattern.
Show threadCassandraVertMar 12, 2025
@glennsills @wendysiegelman
Part of getting a life insurance license is learning to spot money laundering. I think it ought to be on the bar too.
Show threadhal8999Mar 10, 2025
@wendysiegelman Kinda sad when Capital One thinks you're the shitty one in the relationship.
Show threadHumainMar 11, 2025
@wendysiegelman this article gives no detail on what was closed and why other than a mention of money laundering.. they give several quotes from the accused though. It sucks that Trump always has the biggest megaphone even in a situation like this.
Show threadTom HeadMar 11, 2025
@wendysiegelman used to be when you got laundering money you fled the country or went underground. Now you just sue the bank! Why didn't the Mafia ever think of that?
Show threadDan RileyMar 11, 2025

@wendysiegelman CapOne closed the accounts in 2021. Trump may be suing now (with a pretty frivolous suit) because CapOne is trying to get US gov regulatory approval to acquire Discover, which Trump could potentially block. Details:

https://www.creditslips.org/creditslips/2025/03/the-trump-organizations-shake-down-of-capital-one.html