'Not boys anymore': Trump sons face major penalties in dad's fraud trial

Donald Trump's fraud trial has wrapped up, and a legal expert said his two adult sons are facing a moment of accountability that threatens their livelihood.

New York attorney general Letitia James has asked Judge Arthur Engoron to impose $370 million in penalties from the former president and his sons after the judge found them liable for persistent fraud at the start of the trial, and she is also seeking the cancellation of Trump's business certificates in the state and a five-year ban for Donald Trump Jr. and Eric Trump.

"The loss of the money is something different," legal analyst Lisa Rubin told MSNBC's "Morning Joe." "I don't think they'll actually confiscate the properties. Do I think that he'll award some discouragement remedy in the range of hundreds of millions of dollars? I do. I think for Donald Trump, though, as you noted, the worse outcome here is a bar, lifetime bar on participation in the New York City real estate industry."

The Trump sons have both testified in the case they knew little about the company's accounting practices, but Rubin said the attorney general was using their defense against them.

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"Mark yesterday in your calendars as the day the two adult sons stopped being children," Rubin said. "Both sides insisted the boys not be infantilized. They've been leading the company as co-CEOs, and their lawyer said, if you bar them from being officers or directors for a series of five years, there are thousands of Trump Organization employees who are depending on Eric and Don Jr. to capably lead this organization. You're not seeing a defense of them that is sort of saying, oh, these guys don't have anything to do with the organization. Yes, they're saying, we don't know anything about the accounting, but they're also saying in the same breath, these are the two leaders of this organization on into the future."

"The attorney general twisted that and said, look, they are themselves telling you these guys are at the helm of the organization," Rubin added. "They're not boys anymore, they're not the children. These are grown men in their 40s, they should be treated as grown men who are responsible for their actions and decisions."

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