Alex Jones’ personal assets to be sold to pay $1.5B Sandy Hook debt. Company bankruptcy is dismissed
A federal judge on Friday ordered the liquidation of conspiracy theorist Alex Jones ′ personal assets but dismissed his company’s separate bankruptcy case, leaving the future of his Infowars media platform uncertain as he owes $1.5 billion for his false claims that the Sandy Hook Elementary School shooting was a hoax.
Judge Christopher Lopez approved converting Jones’ proposed personal bankruptcy reorganization to a liquidation, but threw out the attempted reorganization of his company, Austin, Texas-based Free Speech Systems. Many of the Sandy Hook families had asked that the company also be liquidated.
https://apnews.com/article/alex-jones-sandy-hook-lawsuit-3ccd113496caee18a085dfa54c6e6c0eOpen linkView original on lemmy.world
19 replies
How awesome if the sandy hook parents took possession of infowars.
Somehow I doubt he has 1.5B in personal assets. And will be happy when he is pennyless, and separated from infowars, as well.
He probably won't be pennyless. People like this have offshore accounts and untraceable currency. But if he ever shows an inkling of having wealth after all this, then that's an opportunity to claim more assets.
He will need to leave the country. And be an illegal immigrant somewhere, living in relative secrecy.
Victor Orban might take him in
If he can manage to win another election. This hasn’t been his best year in his 14 year reign.
I hope that happens but I don’t generally expect authoritarians to give a damn about elections
Maybe someone will fall out of a window accidentally
It is sad that conman like him has that kind of wealth. He has provided zero value to anyone except himself
Doesn't he spend ~$100'000 per month? Just to live? Of course he has hidden money
He won't have those operating expenses anymore when he's living in a cardboard box.
He’ll have plenty of time to live in a cardboard box when he’s living in a VAN, DOWN BY THE RIVER!
I’m betting those guys go to the same gym down by the river.
How's he gonna pay the rest of the $1.499 billion though?
I think you're underestimating how much money there is in monetized conspiracy theories on social media. Sure Alex Jones isn't worth $1.5B, but he's likely worth over $100M.
This monster is a pure psychopath, exploiting the vulnerable state of these poor families.
I'll never forget the story of the one father committing suicide. It would be so much to bear. If they received more support from the country; if Republicans didn't block action.. If Alex Jones didn't exist.... Maybe he would still be alive.
... Actually, if the Republican ideology didn't exist, those kids may still be alive as well.
this is exactly why I use Linux
Actual Linux users wouldn't be so oblivious as to post that here.