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LeftishBrit

(41,518 posts)
Wed Apr 20, 2022, 06:43 AM Apr 2022

Alex Jones' Infowars files for bankruptcy after defamation suits

Companies owned by US radio host Alex Jones, including his right-wing website InfoWars, have filed for bankruptcy.

The move comes as he fights defamation suits brought by families of those killed in a 2012 school shooting at Sandy Hook elementary school.

Mr Jones, who falsely claimed the shooting was a hoax, has been ordered to pay damages in the lawsuits.

Those efforts will be complicated by his decision to seek protection from creditors in bankruptcy court.

(More at link):

https://www.bbc.co.uk/news/business-61142905?at_medium=RSS&at_campaign=KARANGA

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Alex Jones' Infowars files for bankruptcy after defamation suits (Original Post) LeftishBrit Apr 2022 OP
More like "creative bookkeeping". no_hypocrisy Apr 2022 #1

no_hypocrisy

(55,380 posts)
1. More like "creative bookkeeping".
Wed Apr 20, 2022, 06:47 AM
Apr 2022

You create shell companies, unrelated to Infowars and move the money there, as an escrow.

The creditors go to Infowars for the $$ and voila! Nothing meaningful there to take. Hollow victory and Alex Jones keeps his money.

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