Alex Jones claims he's broke and can't pay after shifting money out reach of Sandy Hook families

Jones recently funneled money out of his company into other companies controlled by him and his family

Published December 2, 2022 10:45AM (EST)

Alex Jones speaks to the media outside the Sandy Hook Trial in Waterbury, Connecticut (Joe Buglewicz/Getty Images)
Alex Jones speaks to the media outside the Sandy Hook Trial in Waterbury, Connecticut (Joe Buglewicz/Getty Images)

This article originally appeared on Raw Story

rawlogo

Conspiracy theorist Alex Jones has filed for Chapter 11 bankruptcy protections, according to new court filings revealed on Friday.

According to Reuters, Jones' filing claims that he has up to $10 million in assets, while also claiming liabilities that total in the billions of dollars.

Jones' filing comes in the wake of the massive defamation verdict leveled against him for his false claims that families of slain Sandy Hook Elementary School students were "crisis actors" who were lying about their dead children.

However, a report from the Washington Post published earlier this fall indicated that Jones may be moving money around in a manner designed to exaggerate his purported poverty and avoid paying out the money owed to the Sandy Hook families.

"As the potential for damages mounted, Jones began moving millions of dollars out of his company, Free Speech Systems, and into companies controlled by himself, friends or relatives," the paper reports. "The transfers potentially put those funds out of reach of the Sandy Hook plaintiffs."

Among other things, the Post found that Jones "started paying his personal trainer $100,000 a week to help ship supplements and other merchandise" and that "a company managed by Jones's sister and listed as a 'supplier or vendor' was paid $240,000" for its services.


By Brad Reed

MORE FROM Brad Reed


Related Topics ------------------------------------------

Alex Jones Politics Raw Story Sandy Hook