Former U.S. President Donald Trump and his family business are about to go on trial in New York for alleged civil fraud. The case, brought by Democratic New York Attorney General Letitia James, accuses Trump of inflating the value of his assets to secure better loan and insurance terms. Trump, who is currently the frontrunner for the 2024 Republican presidential nomination, plans to attend the initial week of the trial. The judge presiding over the case has already found Trump liable for fraud, and the trial will primarily focus on the penalties he may face.

Attorney General James is seeking fines of at least $250 million, as well as a permanent ban on Trump and his sons from running businesses in New York and a five-year restriction on Trump’s commercial real estate activities. Last week, Justice Arthur Engoron ruled in favor of James, describing how Trump and his associates had manipulated valuations of their assets, including Trump’s apartment in Trump Tower. Engoron also canceled business certificates for several of Trump’s companies and announced that receivers would be appointed to oversee their dissolution. These rulings cover only a fraction of Trump’s vast portfolio, but the loss of these valuable properties would have a significant financial impact. The trial, expected to last until December, will feature over 150 potential witnesses and will likely involve expert testimonies on financial documents.

This civil fraud case represents one of many legal challenges that Trump is currently facing as he campaigns for the 2024 presidential election. While these legal troubles have not affected Trump’s popularity within the Republican Party, they have been a financial burden. Trump is also facing criminal charges in Florida, Washington D.C., Georgia, and New York. He is accused of mishandling classified documents, attempting to overturn the 2020 election results, and making hush money payments to a porn star. Trump maintains his innocence and has pleaded not guilty in all four cases.

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