Monday, March 20, 2023

Alex Jones transferring assets to family and friends, evading payments to Sandy Hook families

 

https://news.yahoo.com/alex-jones-transferring-assets-family-031551407.html

 

The Hill

 

 Julia Shapero
Sat, March 18, 2023 at 11:15 PM EDT


Infowars host Alex Jones has transferred millions of dollars’ worth of assets to family and friends, potentially shielding his wealth from the nearly $1.5 billion in legal damages he owes to the families of the Sandy Hook shooting victims, according to The New York Times.

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He filed for both personal and business bankruptcy within the last year as the damages piled up — a move that the Sandy Hook families have claimed is an effort to shield his assets from creditors.

His company Free Speech Systems, which filed for bankruptcy last July, was reportedly transferring tens of thousands of dollars to PQPR, a company owned by Jones and his parents, according to the Times.

 Jones has also transferred a $3 million property to his wife and continues to transfer other real estate assets to family members, including an adult son, and has struck up business partnerships with several new companies created by his friends, the Times reported.

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