US conspiracy narrator Alex Jones has filed for bankruptcy in the face of billions in damages. The 48-year-old filed for bankruptcy protection on Friday in a bankruptcy court in the US state of Texas. It shows that Jones owes between $1 billion and $10 billion to between 50 and 99 creditors. Jones’ net worth is listed at $1 million to $10 million.
Jones has recently been involved in multiple lawsuits for his false allegations about a Sandy Hook Elementary School massacre, paying around $1.44 billion ($1.44 billion). damages, including $45.2 million in a Texas case in August and $965 million in a Connecticut case two months later. On November 10, the Connecticut judge ordered Jones to pay an additional $473 million in punitive damages, including $323 million in attorneys’ fees. Jones stated on his show that he intends to appeal.
The founder of the right-wing website Infowars had claimed for years that the killing spree in December 2012 was staged by actors. A 20-year-old man shot and killed 20 school children and six teachers in Newtown, Connecticut, on the East Coast. Parents of children killed at Sandy Hook Elementary School then sued him and his media outlet for defamation. Because fans of the Infowars moderator had harassed and threatened grieving families.
Procedure granted insight into the finances
Infowars arguably made Jones a wealthy man, apparently to a degree only made clear by the Sandy Hook litigation. In August, an expert hired by the Sandy Hook families estimated Jones’ net worth at between $135 million and $270 million. However, Jones has disputed the plaintiffs’ estimates of his net worth. “I don’t have all the money they dreamed up,” he said recently.
In any case, the question remains whether the victims of the conspiracy narrator Jones could go away empty-handed despite their claims.
A report of Washington Post According to Jones, he transferred millions of dollars from his company to others controlled by himself, friends or relatives. The transfers may have made those funds out of reach of the Sandy Hook plaintiffs, the Washington Post concludes.
But the bankruptcy court will ultimately decide which claims of the creditors will be satisfied and to what extent. It will verify that the transactions were legitimate.
The plaintiffs do not want to give up
“We will enforce this verdict for as long as necessary because that is what justice requires,” said Christopher Mattei, a lawyer representing the families. Joshua Koskoff, another attorney for the plaintiffs, vowed that Sandy Hook’s families would “hunt Alex Jones to the ends of the world” to get him to pay “every single dollar” of the sentence.
Jones has taken the verdict as an opportunity to ask Infowars fans to donate money for his legal fees.