Media Bias Fact Check (MBFC) publishes daily vetted fact checks from verified IFCN-approved sources. Each claim is independently reviewed for accuracy and context.
Claimant: Social Media
Claim: Capital One closed approximately 300 bank accounts belonging to Donald Trump and affiliated plaintiffs because of money-laundering concerns.
Rating: TRUE
Explanation: Capital One’s lawyers stated in a July 2026 court filing that the bank closed accounts belonging to 12 plaintiffs for anti-money-laundering reasons after reviews by its experts. The bank did not disclose its findings, so this does not establish that money laundering occurred. The plaintiffs said approximately 385 accounts were closed, although the exact number remains unclear.
Date: 08/06/2026
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Last Updated on August 6, 2026 by Media Bias Fact Check