▲ 499 ▼ Capital One says it closed Trump Organization’s accounts after anti-money-laundering review (www.theguardian.com) submitted 4 weeks ago by vegeta@lemmy.world to c/politics@lemmy.world 55 comments fedilink hide all child comments
[–] Thebeardedsinglemalt@lemmy.world 62 points 4 weeks ago (3 children) ...and the only punishment was closing the accounts? permalink fedilink source hideshow 6 child comments replies: [–] PattyMcB@lemmy.world 48 points 4 weeks ago (4 children) What else is the bank supposed to do. I get what you're saying though. The slow-ass courts will probably never do anything about it permalink fedilink source parent hideshow 8 child comments replies: [–] DanceMomsSavedMe@lemmy.zip 14 points 4 weeks ago If you or I get a bank account shut down for money laundering concerns someone will be at the door the same day to tall to us face to face about it and we'd be facing around 10 years in prison. If rich fucks in suits do it they seem to just close the account and move on permalink fedilink source parent [–] artyom@piefed.social 6 points 4 weeks ago (1 child) Report it to the FBI? Or IRS? Or any number of 3-letter agencies? permalink fedilink source parent hideshow 2 child comments replies: [–] raze2012@lemmy.world 21 points 4 weeks ago (2 children) I'm sure Kash will get right to investigating this after releasing the Epstein files. But yes, I get it. We'd be hearing about this for the next 2.5 years if this was Biden. permalink fedilink source parent hideshow 4 child comments replies: [–] artyom@piefed.social 8 points 4 weeks ago (1 child) This is from 2021. There was no Kash. Regardless, what the gov does is not their responsibility. Their responsibility is to report it. permalink fedilink source parent hideshow 2 child comments replies: [–] raze2012@lemmy.world 5 points 4 weeks ago Oh okay. So this is just yet another Garland fumble. permalink fedilink source parent [–] vapordays@leminal.space 4 points 4 weeks ago They're too busy investigating the leader of Antifa for giving people things to read permalink fedilink source parent [–] FiniteBanjo@feddit.online 2 points 4 weeks ago Well they could prosecute him when his term ends but they'll never convict before he becomes president again in 2032. permalink fedilink source parent [–] fartographer@lemmy.world 1 point 4 weeks ago "He's already been punished. How much more could a person possibly suffer than surviving one of their bank accounts closing?!" permalink fedilink source parent [–] quick_snail@feddit.nl 6 points 4 weeks ago It was 300 accounts. It's not clear, but sometimes AML closures means they take all the money. That could have been millions or billions of dollars that Trump lost. That's quite significant.. permalink fedilink source parent [–] hoppeduponcoffee@lemmy.zip 1 point 4 weeks ago* His DOJ or FBI is never going to build a laundering case against him, and the senate isn’t going to convict him without 2/3 vote. The proper way to do this would’ve been to monitor the accounts, build up a case, then seize all the funds/transaction records as evidence while convicting him. The bank is simply covering their ass. permalink fedilink source parent
[–] PattyMcB@lemmy.world 48 points 4 weeks ago (4 children) What else is the bank supposed to do. I get what you're saying though. The slow-ass courts will probably never do anything about it permalink fedilink source parent hideshow 8 child comments replies: [–] DanceMomsSavedMe@lemmy.zip 14 points 4 weeks ago If you or I get a bank account shut down for money laundering concerns someone will be at the door the same day to tall to us face to face about it and we'd be facing around 10 years in prison. If rich fucks in suits do it they seem to just close the account and move on permalink fedilink source parent [–] artyom@piefed.social 6 points 4 weeks ago (1 child) Report it to the FBI? Or IRS? Or any number of 3-letter agencies? permalink fedilink source parent hideshow 2 child comments replies: [–] raze2012@lemmy.world 21 points 4 weeks ago (2 children) I'm sure Kash will get right to investigating this after releasing the Epstein files. But yes, I get it. We'd be hearing about this for the next 2.5 years if this was Biden. permalink fedilink source parent hideshow 4 child comments replies: [–] artyom@piefed.social 8 points 4 weeks ago (1 child) This is from 2021. There was no Kash. Regardless, what the gov does is not their responsibility. Their responsibility is to report it. permalink fedilink source parent hideshow 2 child comments replies: [–] raze2012@lemmy.world 5 points 4 weeks ago Oh okay. So this is just yet another Garland fumble. permalink fedilink source parent [–] vapordays@leminal.space 4 points 4 weeks ago They're too busy investigating the leader of Antifa for giving people things to read permalink fedilink source parent [–] FiniteBanjo@feddit.online 2 points 4 weeks ago Well they could prosecute him when his term ends but they'll never convict before he becomes president again in 2032. permalink fedilink source parent [–] fartographer@lemmy.world 1 point 4 weeks ago "He's already been punished. How much more could a person possibly suffer than surviving one of their bank accounts closing?!" permalink fedilink source parent
[–] DanceMomsSavedMe@lemmy.zip 14 points 4 weeks ago If you or I get a bank account shut down for money laundering concerns someone will be at the door the same day to tall to us face to face about it and we'd be facing around 10 years in prison. If rich fucks in suits do it they seem to just close the account and move on permalink fedilink source parent
[–] artyom@piefed.social 6 points 4 weeks ago (1 child) Report it to the FBI? Or IRS? Or any number of 3-letter agencies? permalink fedilink source parent hideshow 2 child comments replies: [–] raze2012@lemmy.world 21 points 4 weeks ago (2 children) I'm sure Kash will get right to investigating this after releasing the Epstein files. But yes, I get it. We'd be hearing about this for the next 2.5 years if this was Biden. permalink fedilink source parent hideshow 4 child comments replies: [–] artyom@piefed.social 8 points 4 weeks ago (1 child) This is from 2021. There was no Kash. Regardless, what the gov does is not their responsibility. Their responsibility is to report it. permalink fedilink source parent hideshow 2 child comments replies: [–] raze2012@lemmy.world 5 points 4 weeks ago Oh okay. So this is just yet another Garland fumble. permalink fedilink source parent [–] vapordays@leminal.space 4 points 4 weeks ago They're too busy investigating the leader of Antifa for giving people things to read permalink fedilink source parent
[–] raze2012@lemmy.world 21 points 4 weeks ago (2 children) I'm sure Kash will get right to investigating this after releasing the Epstein files. But yes, I get it. We'd be hearing about this for the next 2.5 years if this was Biden. permalink fedilink source parent hideshow 4 child comments replies: [–] artyom@piefed.social 8 points 4 weeks ago (1 child) This is from 2021. There was no Kash. Regardless, what the gov does is not their responsibility. Their responsibility is to report it. permalink fedilink source parent hideshow 2 child comments replies: [–] raze2012@lemmy.world 5 points 4 weeks ago Oh okay. So this is just yet another Garland fumble. permalink fedilink source parent [–] vapordays@leminal.space 4 points 4 weeks ago They're too busy investigating the leader of Antifa for giving people things to read permalink fedilink source parent
[–] artyom@piefed.social 8 points 4 weeks ago (1 child) This is from 2021. There was no Kash. Regardless, what the gov does is not their responsibility. Their responsibility is to report it. permalink fedilink source parent hideshow 2 child comments replies: [–] raze2012@lemmy.world 5 points 4 weeks ago Oh okay. So this is just yet another Garland fumble. permalink fedilink source parent
[–] raze2012@lemmy.world 5 points 4 weeks ago Oh okay. So this is just yet another Garland fumble. permalink fedilink source parent
[–] vapordays@leminal.space 4 points 4 weeks ago They're too busy investigating the leader of Antifa for giving people things to read permalink fedilink source parent
[–] FiniteBanjo@feddit.online 2 points 4 weeks ago Well they could prosecute him when his term ends but they'll never convict before he becomes president again in 2032. permalink fedilink source parent
[–] fartographer@lemmy.world 1 point 4 weeks ago "He's already been punished. How much more could a person possibly suffer than surviving one of their bank accounts closing?!" permalink fedilink source parent
[–] quick_snail@feddit.nl 6 points 4 weeks ago It was 300 accounts. It's not clear, but sometimes AML closures means they take all the money. That could have been millions or billions of dollars that Trump lost. That's quite significant.. permalink fedilink source parent
[–] hoppeduponcoffee@lemmy.zip 1 point 4 weeks ago* His DOJ or FBI is never going to build a laundering case against him, and the senate isn’t going to convict him without 2/3 vote. The proper way to do this would’ve been to monitor the accounts, build up a case, then seize all the funds/transaction records as evidence while convicting him. The bank is simply covering their ass. permalink fedilink source parent