Alex Jones spent over $93,000 in July. Sandy Hook families who sued him have yet to see a dime

Polds4OSU

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HARTFORD, Conn. (AP) — As Alex Jones continues telling his Infowars audience about his money problems and pleads for them to buy his products, his own documents show life is not all that bad — his net worth is around $14 million and his personal spending topped $93,000 in July alone, including thousands of dollars on meals and entertainment.

The conspiracy theorist and his lawyers file monthly financial reports in his personal bankruptcy case, and the latest one has struck a nerve with the families of victims of Sandy Hook Elementary School shooting. They're still seeking the $1.5 billion they won last year in lawsuits against Jones and his media company for repeatedly calling the 2012 massacre a hoax on his shows.

“It is disturbing that Alex Jones continues to spend money on excessive household expenditures and his extravagant lifestyle when that money rightfully belongs to the families he spent years tormenting,” said Christopher Mattei, a Connecticut lawyer for the families. “The families are increasingly concerned and will continue to contest these matters in court.”

In an Aug. 29 court filing, lawyers for the families said that if Jones doesn’t reduce his personal expenses to a “reasonable” level, they will ask the bankruptcy judge to bar him from “further waste of estate assets,” appoint a trustee to oversee his spending, or dismiss the bankruptcy case.

On his Infowars show Tuesday, Jones said he’s not doing anything wrong.

“If anything, I like to go to nice restaurants. That is my deal. I like to go on a couple of nice vacations a year, but I think I pretty much have earned that in this fight,” he said, urging his audience to donate money for his legal expenses.

Jones' spending in July, which was up from nearly $75,000 in April, included his monthly $15,000 payment to his wife, Erika Wulff Jones — payouts called “fraudulent transfers” by lawyers for the Sandy Hook families. Jones says they’re required under a prenuptial agreement.

Also that month, Jones spent $7,900 on housekeeping and dished out more than $6,300 for meals and entertainment, not including groceries, which totaled nearly $3,400 — or roughly $850 per week.

A second home, his Texas lake house, cost him nearly $6,700 that month, including maintenance and property taxes, while his vehicles and boats sapped another $5,600, including insurance, maintenance and fuel.

Sandy Hook families won nearly the $1.5 billion in judgments against Jones last year in lawsuits over repeated promotion of a false theory that the school shooting that killed 20 first graders and six educators in Newtown, Connecticut, never happened.

Relatives of the victims testified at the trials about being harassed and threatened by Jones' believers, who sent threats and even confronted the grieving families in person, accusing them of being “crisis actors” whose children never existed.

Collecting the astronomical sum, though, is proving to be a long battle.

When Jones filed for bankruptcy, it put a hold on the families' efforts to collect the lawsuit judgments in state courts as a federal bankruptcy court judge decides how much money Jones can actually pay his creditors.

Lawyers for the families have said in court that it has been difficult for them to track Jones' finances because of the numerous companies he owns and multiple deals among those corporate entities.

Meanwhile, Jones is still broadcasting. He and his media company, Free Speech Systems, are seeking court approval for a new contract that would pay him $1.5 million a year plus incentive bonuses, up from his current $520,000-a-year salary. The company also filed for bankruptcy protection last year.

On Infowars, Jones said Tuesday that he is more than $1 million in debt. If he gets the salary increase, he said, he would be left with about $300,000 a year after paying his legal bills.

“With all my expenses and things, that’s nothing,” he said. “And I don’t care about that. I’m wearing a shirt I bought, like, eight years ago, and I love it to death.”

Financial documents filed by Jones and his bankruptcy lawyers say his personal net worth is around $14 million. His assets include a home worth $2.6 million, a $2.2 million ranch, a $1.8 million lake house, a $500,000 rental property, and four vehicles and two boats worth more than $330,000 in total. Jones had nearly $800,000 in his bank accounts on July 31, court documents show.

Free Speech Systems, meanwhile, continues to rake in cash from the sale nutritional supplements, survival supplies and other merchandise that Jones hawks on Infowars, bringing in nearly $2.5 million in revenue in July alone, according to Jones' financial reports, which he signed under penalty of perjury. The company's expenses totaled about $2.4 million that month.

Meanwhile, some of the Sandy Hook families have another pending lawsuit claiming Jones hid millions of dollars in an attempt to protect his wealth. One of Jones' lawyers has called the allegations “ridiculous.”

Jones, who is appealing the $1.5 billion in lawsuit awards against him, sat for a deposition in his bankruptcy case Tuesday and Wednesday in his hometown of Austin, Texas, where Infowars is based.

On his show Tuesday, he denied financial wrongdoing.

“I’m not Lex Luthor ... when it comes to finances and life,” he said. “I mean, I’m a straight-up guy. I’m a do-good in Mayberry RFD.”

 
He deserves it, but just how much power does a judge have to force this guy to live in a camper in a bad part of town? Of course in Austin he’s still going to need 200k a year just to do even that. Can they do an eviction/auction scenario where they take everything or are his home and personal possessions and the cash to keep them up protected? Back when he was just a local talk radio idiot you’d occasionally run into some black helicopter whack jobs that fully bought into his BS, and it was scary. Hard to believe he’s still got enough followers that he can bring in 2.5 mil a month buying his crap merch.


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His followers include people he interviews who don't care if their credibility gets shot down as a result, if they had any left, such as Mike Lindell. If I'm right, RFK, Jr. still doesn't want to be interviewed by him.
 

Bank that handles Infowars money appears to be cutting ties with Alex Jones' company, lawyer says​

HARTFORD, Conn. (AP) — A bank recently shut down the accounts of conspiracy theorist Alex Jones' media company, citing unauthorized transactions — a move that caused panic at the business when its balances suddenly dropped from more than $2 million to zero, according to a lawyer for the company.

The action last week by Axos Bank also exposed worry and doubt at the company, Free Speech Systems, about being able to find another bank to handle its money.

Jones, a conservative provocateur whose Infowars program promotes fake theories about global conspiracies, UFOs and mind control, is seeking bankruptcy protection as he and his company owe $1.5 billion to relatives of victims of the 2012 Sandy Hook Elementary School shooting in Connecticut.

The debt is the result of the families winning lawsuits against Jones for his calling the massacre that killed 26 people a hoax and his supporters threatening and harassing the victims’ families.

A lawyer for Free Speech Systems, Ray Battaglia, told a federal bankruptcy judge in Houston on Tuesday that Axos Bank had shut down the company's accounts on Aug. 21 “without notice or warning.”

Battaglia said he and a court-appointed overseer of Free Speech Systems’ finances were both out of the country when they received “frantic” messages about the company’s bank balances dropping to zero.

Bank officials, he said, didn't provide much information.

According to Battaglia, Axos claimed it had contacted Free Speech Systems in July about a transaction and the company did not respond, which Battaglia disputed. The bank also indicated there were unauthorized transactions, but didn't go into detail, he said. He said the bank informed Jones' company that it would be sending a cashier’s check for the total balance.

“So we’re perplexed,” Battaglia told the bankruptcy judge. “We have no answers for the court. They (the bank) have not provided us with any.”

Battaglia said the media company will have to seek another bank or take Axos to court “because we just don’t know who will bank us.” At the request of Jones’ lawyers, Axos did agree to reopen the company’s accounts for 30 days but it appears it will not extend the relationship beyond that, he said.

Spokespeople for Axos did not return email messages seeking comment Wednesday. An email sent to Infowars also went unanswered, as have previous messages.

Jones and Free Speech Systems make the bulk of their money from selling nutritional supplements, survival gear, books, clothing and other merchandise, which Jones hawks on his daily web and radio show.

According to the company’s most recent financial statement filed in bankruptcy court, it had more than $2.5 million in its Axos accounts at the end of August after bringing in more than $3 million in revenue during the month. The company paid out over $2 million in expenses and other costs, leaving a net cash flow of $1 million.

The bankruptcy judge, Christopher Lopez, will be deciding how much money Jones and Free Speech Systems will have to pay creditors, including the Sandy Hook families. Jones is appealing the court awards, citing free speech rights and missteps by judges.

In 2018, social media companies including Facebook, YouTube and Apple banned Jones from their platforms. It is not clear if Jones' views have anything to do with Axos Bank's actions.
 

Judge Rules Alex Jones’ Defamation Debts Cannot Be Discharged in Bankruptcy​


In a groundbreaking ruling, a U.S. bankruptcy judge in Houston, Texas, has decreed that Alex Jones cannot use personal bankruptcy to evade the legal consequences of his false claims surrounding the 2012 Sandy Hook elementary school tragedy.
The decision, handed down by U.S. Bankruptcy Judge Christopher Lopez, underscores a critical limitation of bankruptcy law, making it clear that debts resulting from “willful or malicious injury” are not eligible for discharge.


Jones, known for propagating unfounded conspiracy theories, had been previously ordered by courts in Connecticut and Texas to pay a staggering $1.5 billion in defamation damages.

These damages were related to his intentional defamation of the grieving families who lost loved ones in the tragic mass shooting at Sandy Hook Elementary School.

Judge Lopez’s ruling now cements more than $1.1 billion of these verdicts, which include compensation for defamation and the intentional infliction of emotional distress, cannot be erased through bankruptcy proceedings.

However, the judge did leave the door ajar for potential relief in the form of discharging other factors of the verdict, including a substantial $324 million in attorneys’ fees that were awarded as punitive damages in the Connecticut case.

The distinction here lay in whether these punitive damages could be directly linked to “willful” and “malicious” falsehoods or were instead a consequence of merely “reckless” conduct, as stipulated by Judge Lopez in his decision.

A trial will determine how much of these fines can be canceled.

 
After the relatives made this request he went in his show and literally started crying saying that Joe Biden and the Dems were going to shut him down......nothing to do at all with Biden


Relatives of victims of the Sandy Hook Elementary School shooting are asking a bankruptcy judge to liquidate conspiracy theorist Alex Jones' media company, including Infowars, as they seek to collect on $1.5 billion in lawsuit verdicts against him.

 
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After seeing Trump raise millions after his trial, Jones wants to do the same thing from the threat to shut him down. He said this past weekend they were going to shut him down within 48 hours. Now he says it will be a month. That means lots more time to raise money. His friend Mike Adams says shutting Jones down would be the 2nd biggest thing that could happen after the Trump conviction.

His websites are like an out of this world crazy onion.com. For instance, one heading, "Mike Adams Warns Aliens Directing Extermination of Humanity". So, the secret is aliens are directing the globalists to kill us all. The conspiracy theory industry needs to be taken as a bigger joke than it is, though the fear and paranoia they constantly spread isn't very funny. Much of it is motivated to drive people to buy their snake oil and survival stuff. More people refusing to buy that stuff would help. Behind their listeners' backs they probably laugh and wonder in fascination just how gullible people can be. But they're going to try to mine their gullibility for all it's worth.

Alex Jones has said a number of strange things and needs more exposed for it. For instance, Jones claims he has been sent to hell quite a bit. It was so that God would have it imprinted upon his cells to develop an understanding of and have an allergy to it and reject it. He has also said the helplessness and suffocation from orbiting the vortex of hell has made him pass out. He says you don't want to go there or see it. Well, if hell is such a horrible place, you shouldn't have to become allergic to it to want to avoid going there. He is pitifully mentally ill, not of sound mind, probably beyond treatment. whether he's acting or not.
 
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Alex Jones has ceded full control of Infowars and its parent company to the court after requesting they help him liquidate his assets to pay what he owes​



Alex Jones Requests Court To Liquidate His Assets To Help Him Pay Damages To Sandy Hook Families​


Conspiracy theorist Alex Jones on Thursday requested a court to convert his personal bankruptcy filing into a Chapter 7 liquidation after facing legal pressure from the families of the Sandy Hook Elementary School massacre victims, whom he has been ordered to pay $1.5 billion in damages for spreading baseless conspiracy theories about the shooting.

Key Facts​

According to CNN, Jones’ lawyers wrote in a filing that the Infowars host had “no reasonable prospect for a successful reorganization” of his debts and continuing that effort would only result in additional expenses for him.
The liquidation would mean Jones would fully cede control of Infowars and its parent company Free Speech Systems.
 
Falsely reporting that Biden openly pooped in his pants before the world surely isn't going to help Alex Jones. He will never learn.

I don't see things changing if Jones is allowed to sell his company to one of his conspiracy theory nut buddies, such as Mike Adams with Jones hired on to help direct it.
 
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Falsely reporting that Biden openly pooped in his pants before the world surely isn't going to help Alex Jones. He will never learn.

I don't see things changing if Jones is allowed to sell his company to one of his conspiracy theory nut buddies, such as Mike Adams with Jones hired on to help direct it.
Debtors prisons are horrible for almost all cases... but I'd be ok with him serving time since he hasn't been willing to pay this debt.

At least the court controls his company now so he can't sell it for a dollar to a buddy of his. Just to short the families.
 
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