The judge presiding over the trial, the New York supreme court justice Arthur Engoron, already found Trump guilty of financial fraud in a pre-trial judgment. The trial will be dedicated to determining whether, and how much, Trump will have to pay for the verdict.
James has argued that the Trump Organization should owe at least $250m for profiting off loans that were awarded based on false and misleading financial statements. Trump's lawyers have appealed the judgment, though it is unlikely to affect the trial's proceedings.
Here's what we know about Trump's upcoming fraud trial.
What is Trump on trial for?
James is suing Trump for creating false and misleading financial statements that inflated the value of various assets. Prosecutors found fraudulent reporting for 23 Trump Organization properties and assets from 2011 to 2021.
For example, Trump said his Wall Street office building was valued at $530m. Independent professional appraisers calculated a valuation that was less than half that. Twelve rent-stabilised units in Trump's Park Avenue condo were in 2010 estimated to be valued at around $750,000. In 2020, the Trump Organization said they were worth $50m.
This story is from the October 06, 2023 edition of The Guardian Weekly.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the October 06, 2023 edition of The Guardian Weekly.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
If kids get protected from online harm, how about the rest of us?
The Australian government has proposed a ban on social media for all citizens under 16.
'It's not drought - it's looting'
Spain is increasingly either parched or flooded - and one group is profiting from these extremes: the thirsty multinational companies forcing angry citizens to pay for water in bottles.
Life in the grey Zone
Neonatal care has advanced so far that babies born as early as 21 weeks have survived. But is this type of care always the right thing to do?
Out of tune? Band Aid under fire for Africa tropes as it turns 40
Forty years ago this month, a group of pop stars gathered at a west London studio to record a single that would raise millions, inspire further starry projects, and ultimately change charity fundraising in the UK.
Deaths shine spotlight on risks of drinking on party trail
Vang Vieng is an unlikely party hub. Surrounded by striking limestone mountains and caves in central Laos, it morphed from a small farming town to a hedonistic tourist destination in the early 2000s.
Different strokes My strange and emotional week with an AI pet
Moflin can develop a personality and build a rapport with its owner - and doesn't need food or exercise. But is it comforting or alienating?
Strike zone Waking up to the rising threat of lightning
When the Barbados National Archives, home to one of the world's most significant collections of documents from the transatlantic slave trade, reported in June that it had been struck by lightning, it received sympathy and offers of support locally and internationally.
Cheap pints and sticky carpets: the old-school pub is back
In the Palm Tree pub, east London, barman Alf is taking only cash at the rattling 1960s till.
Brain gain Can a radical tax scheme convince the country's brightest to stay?
In the autumn of 2018, I moved to Lisbon for a month-long course at the Universidade .de Lisboa.
Fear and sympathy in small town divided over asylum camp
A year after anti-immigration riots, a site for asylum seekers faces hostility while some locals try to help new arrivals
