Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

crickets

(25,980 posts)
10. Alex Jones certainly tried to hide a lot of his InfoWars $$.
Sat Jul 23, 2022, 06:53 PM
Jul 2022
https://democraticunderground.com/10142901004 [see post #24 in particular]
https://www.yahoo.com/news/alex-jones-accused-jaw-dropping-160251301.html

InfoWars conspiracy theorist Alex Jones talks a lot about preparing for the apocalypse, selling his fans all manner of ways to stock their bunkers ahead of the end of the world. But now plaintiffs for Sandy Hook families suing Jones allege that he’s “doomsday prepped” his own business ahead of hefty legal judgments, illicitly moving money out of InfoWars into shell companies to avoid paying his victims.

In a court motion filed Wednesday in Texas, the families claim that he has concealed InfoWars’ assets to make the company appear to be nearly bankrupt. The families were joined in the motion by another man suing Jones for falsely accusing him of carrying out the 2018 Parkland shooting. The filing was first posted online by Courthouse News. [snip]

On paper, InfoWars parent company Free Speech Systems seems to lose money every year. Yet Jones has allegedly transferred significant amounts out of the company—financial transactions that often coincide with legal setbacks Jones has faced in the Sandy Hook cases. After the families sued him in 2018, for example, Jones allegedly started personally withdrawing a total of $18 million from the Free Speech Systems bank account over three years, along with drawing an annual $600,000 salary.

Many of the suspicious transfers center on a mysterious company called PQPR, which the plaintiffs claim is controlled by Jones and his family members. Shortly after Jones lost his last appeal to block the defamation cases in Texas, PQPR claimed that Free Speech Systems owed it $54 million—almost all of InfoWars’ assets. [more]


It doesn't look as though the attempt is going to work.
https://www.huffpost.com/entry/alex-jones-1-million-sandy-hook-parkland-lawsuits_n_625da270e4b0be72bff8f125
Latest Discussions»General Discussion»Alex Jones / Sandy Hook t...»Reply #10