Alex Jones Accused of 'Jaw-Dropping' Scheme to Hide Money From Sandy Hook Families [View all]

[packman]

Source: Yahoo

... 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.

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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.

Free Speech Systems began transferring its money to PQPR, then onto a series of shell corporations controlled by other Jones family members, according to the motion

Read more: https://www.yahoo.com/news/alex-jones-accused-jaw-dropping-160251301.html