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Alex Jones accused of ‘breathtaking’ scheme to hide money from Sandy Hook families

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InfoWars conspiracy theorist Alex Jones talks a lot about the build-up to the apocalypse, selling his fans all kinds of ways to stockpile their bunkers before the world ends. But now the Sandy Hook families’ plaintiffs suing Jones allege he ‘planned the apocalypse’ of his own company before heavy court sentences, illegally moving money from InfoWars to shell companies to avoid pay his victims.

In a lawsuit filed Wednesday in Texas, the families claim he hid InfoWars’ assets to make the company appear on the verge of bankruptcy. The families have been joined in the petition by another man suing Jones for falsely accusing him of carrying out the 2018 Parkland shootings. The filing was first posted online by Courthouse News.

InfoWars did not respond to a request for comment.

Alex Jones was too sick to be dropped off by Sandy Hook families, but not too sick to host Infowars

On paper, InfoWars’ parent company, Free Speech Systems, appears to be losing money every year. Still, Jones reportedly transferred large sums out of the company – financial transactions that often coincide with the legal setbacks Jones faced in the Sandy Hook cases. After the families sued him in 2018, for example, Jones reportedly began personally withdrawing a total of $18 million from Free Speech Systems’ bank account over three years, while earning an annual salary of $600,000. .

Many of the suspicious transfers relate to a mysterious company called PQPR, which the plaintiffs say is controlled by Jones and his family members. Shortly after Jones lost his last appeal to block libel cases in Texas, PQPR claimed that Free Speech Systems owed him $54 million, almost all of InfoWars’ assets.

Free Speech Systems began funneling its money to PQPR and then to a series of front companies controlled by other Jones family members, according to the motion. While the payments were apparently made to repay the $54 million in arrears — a debt that PQPR hadn’t bothered to enforce in the seven years InfoWars ran up tens of millions in debt. assumed – plaintiffs say it was just a ploy to harbor InfoWars assets in an “alphabetical soup of fictitious entities.”

“These are transfers designed to siphon off [Jones’] assets to make them judgment-proof, ”the lawyers allege.

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The debt payment accelerated after a Texas judge ruled before trial that Jones had lost his case, an unusual step taken due to Jones’ repeated violations of other legal rules. Since that decision, the plaintiffs claim that Free Speech Systems has paid PQPR between $11,000 per day and $11,000 per week, as well as up to 80% of InfoWars’ revenue. In their motion, attorneys for the Sandy Hook families describe the payments as “breathtaking.”

The discovery of the alleged transfers marks just one of many legal headaches Jones faces as Sandy Hook’s cases go to trial later this month. He has lost cases in Texas and Connecticut by default judgment, meaning future trials will only be used to determine how much he should pay plaintiffs. In late March, Jones dodged a deposition in the Connecticut case by claiming he had a surprise illness, only to sit down for the interview after a judge ordered him to pay $25,000 a day until until it runs.

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