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Trump's son has been exposed for profiting from the war, and his family is suspected of war-related corruption.

CoinLive
Apr 3, 2026 at 11:58 AM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Trump's sons, Donald Jr. and Eric, are linked to Powerus, a drone company selling interceptors to Gulf states amid tensions with Iran. Former ethics lawyer Richard Payne claims this marks the first presidential family profiting from war. Powerus, co-founded by the Trump brothers, has secured a $1.1 billion government contract. Despite concerns of nepotism, Eric Trump defended their investments, asserting a focus on technology. Powerus merged with Aureus Greenway Holdings, a golf course operator, to achieve a backdoor listing, further intertwining the Trump family's business interests with military contracts.

Powerus, a drone company partially owned by Donald Trump Jr. and Eric Trump, Trump's two sons, is selling drone interceptors to Gulf states that are facing attacks from Iran and rely on the protection of the U.S. military.

According to an Associated Press report on April 3, Powerus co-founder Brett Velicovich told the Associated Press that the company is marketing its drone interceptors to some Gulf states, conducting drone interception demonstrations to show how Powerus' defensive drone interceptors can help these countries defend against Iranian attacks.

"Our team is currently demonstrating the interceptor across the Middle East," said Veljkovic. "We have very advanced technology that can save lives." He did not disclose further details regarding which countries Powerus is marketing to. Former White House ethics lawyer Richard Payne, speaking under the George W. Bush administration, commented that the Trump family will become the first presidential family in history to profit excessively from war. "These (Gulf) countries are under immense pressure to buy weapons from the president's sons so that the president will act according to their wishes." Powerus's expansion is inseparable from the support of Donald Trump Jr. and Eric Trump, both of whom are significant shareholders in Powerus. Neither Donald Trump Jr. nor Eric Trump have responded to reports of Powerus marketing drone interceptors to the Middle East. Since Trump's return to the White House, Donald Trump Jr. and Eric Trump have aggressively expanded the Trump family's business empire, with ventures including cryptocurrency, military industry, rocket components, market forecasting, and rare earth magnets. According to an Associated Press report on March 12, Powerus previously won a government drone tender worth up to $1.1 billion. By becoming shareholders in Powerus, Trump's two sons could potentially reap substantial profits. When asked about potential nepotism in the bidding process, Eric Trump stated, "I'm very proud to be able to invest in companies I approve of. Drones are the future." Veljkovic added that the Trump sons' investment was unrelated to the company's winning bid, stating, "Our company's focus is not on politics." Powerus was founded in 2025. According to a previous Reuters report, on March 9th, with the support of Trump's two sons, Powerus merged with Aureus Greenway Holdings, a publicly traded company primarily operating golf courses, successfully achieving a backdoor listing. Aureus Greenway Holdings also has close ties to Trump's two sons.

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