Infowars host Alex Jones has transferred millions of dollars in assets to family and friends, potentially shielding his wealth from the nearly $1.5 billion in legal damages he owes the families of the victims of the Sandy Hook shooting, according to The New York Times.
Jones was ordered last fall to pay more than $1.4 billion in damages to the families of eight victims of the 2012 Sandy Hook shooting, which killed 20 young children and six adults. He was also ordered to pay an additional $50 million to the parents of a Sandy Hook victim in a separate Texas case.
The Infowars host was hit with multiple libel lawsuits after repeatedly suggesting that the school shooting in Newton, Connecticut, was a “false flag” operation organized by the US government. The families of the victims, whom he accused of being actors, were threatened and harassed by his followers.
He filed for both personal and business bankruptcy over the past year as the damage piled up — a move the Sandy Hook families have claimed is an attempt to protect his assets from creditors.
His Free Speech Systems company, which went bankrupt last July, reportedly transferred tens of thousands of dollars to PQPR, a company owned by Jones and his parents, according to the Times.
Jones also transferred a $3 million property to his wife and continues to transfer other properties to family members, including an adult son, and has formed business partnerships with several new companies founded by his friends, the Times reported. .
The Infowars host’s financial affairs remain largely unclear, with his lawyers claiming in a recent lawsuit that he no longer knows where he has bank accounts, how many trusts he has set up or where his 2022 W-2 form is located, according to the Times. .
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