Senator Hassan Calls for Details on Trump Bank Accounts’ ‘Suspicious Transactions’ that Raised Money Laundering Red Flags

WASHINGTON – U.S. Senator Maggie Hassan (D-NH), Ranking Member of the Joint Economic Committee, today called for Capital One to provide more information to Congress about the company’s decision to close multiple bank accounts connected to President Donald Trump for anti-money laundering reasons. As detailed in a court filing earlier this summer, the account closures stemmed from an internal Capital One investigation that identified “suspicious transactions” in line with “Money Laundering and Terrorist Financing ‘Red Flags.’” This comes amidst current and long-standing money laundering issues connected to Trump: For instance, Trump recently pardoned a former CEO – who had been convicted of enabling money laundering that funneled funds to terrorists and sex traffickers – who has been crucial to the success of the Trump family’s World Liberty Financial crypto business. 

Read the full text of Ranking Member Hassan’s request here. 

###

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.