Arthur Engoron

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.

Reflecting on the closing arguments in the $370 million financial fraud trial in Manhattan that has engulfed Donald Trump, former prosecutor Charles Colemann Jr. claimed the former president did himself no favors with his rant when allowed to speak by Judge Arthur Engoron.

Speaking with host Jonathan Lemire on MSNBC's "Way Too Early," Coleman was asked about Trump's diatribe where he attacked both his prosecution and court officials that led Engoron to warn the former president's lawyers to "control your client."

Asked if Trump helped or hurt his case with the judge who holds the former president's financial, future in his hands, the former prosecutor said it could hardly have gone worse for Trump.

"I guess it was to no one's surprise that Trump burst into that rant yesterday," host Lemire prompted. "What's your reaction, though, as to what role it could play in the outcome? Did he help or hurt himself?"

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"Well, Jonathan, in the long run, I do think that he hurt himself," Coleman replied. "I think that what he was trying to do was force the judge into a position where, by denying him an opportunity to speak, he would have created an issue for appeal for himself."

"Judge Engoron basically gave him the rope, and he hung (sic) himself, predictably," he continued. "What he ended up doing was creating a space where this is one less thing that becomes an appealable issue in the long run for an appeal. That he might be able to go back and say, 'Look, I was treated unfairly and my rights were abridged in some way, shape, form or fashion.'"

"Kudos to the judge for allowing this to happen. I believe it was a calculated risk by the bench. He understood that there was a risk that this could happen, but, ultimately, it didn't play a factor in the way Donald Trump wanted it to," he concluded.

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Former President Donald Trump might be saddled with a $370 million tab that his former fixer attorney believes "he can't afford".

Come Jan. 31, when Manhattan Supreme Court Justice Arthur Engoron is expected to deliver his verdict, it could send the 45th president into financial distress.

New York prosecutors focused on a severance package paid to Allen Weisselberg after he was convicted of dodging taxes as they concluded their $370 million civil fraud case against former President Donald Trump, according to a legal analyst inside the courtroom.

Judge Arthur Engoron asked New York Attorney General's office attorney Kevin Wallace to explain his position that the severance payment was noteworthy, MSNBC's Lisa Rubin said Thursday.

After Donald Trump's legal team finished closing statements in the former president's $370 million civil fraud trial, their client took to the airwaves to address the public. CNN anchor Brianna Keilar tuned into the lengthy speech and told her viewers to get ready for an equally lengthy fact check.

"Brace yourself," Keilar said. "Because this is going to take a moment."