Alex Jones concealing money to avoid paying Sandy Hook families $1.5 billion: Report

Conspiracy theorist Alex Jones is allegedly transferring money to his friends and family to evade payment of nearly $1.5 billion to the families of victims of the Sandy Hook Elementary School shooting in 2012.

Jones was found guilty of peddling the conspiracy theory that the tragic shooting was a hoax orchestrated by the government to seize Americans’ guns. In December 2022, Jones filed for personal bankruptcy, claiming his inability to pay the fines.

Last month, the victim’s families claimed that Jones was using his new platform, a subscription-based podcast called Alex Jones Live, to spread disinformation and liquidate his bankrupt business.

Jones’s lawyer explained that his client’s podcast was merely meant to be a test, and he had promised to stop creating new content. However, the New York Times’s investigation has found that Jones transferred millions of dollars to several entities, including his wife and a friend’s new company.

Free Speech Systems, InfoWars’s parent company that Jones owns, filed for bankruptcy in July 2021. Free Speech Systems proposed a bankruptcy plan earlier this month that would pay Jones an annual salary of $520,000 while leaving enough funds to pay the creditors, including the victims’ families.

Jones has been known for peddling numerous false conspiracy theories, including the government’s involvement in the 9/11 attacks, staged Boston Marathon bombing by the FBI, and the 2011 shooting of former Arizona congresswoman Gabby Giffords as a government mind control operation.