Company linked to Alex Jones doubles offer to buy Infowars after failed bankruptcy auction
Source: AP
Updated 3:21 PM EST, January 13, 2025
A company linked to conspiracy theorist Alex Jones is now offering over $7 million to buy his Infowars platforms, more than double what it proposed when it lost to The Onion satirical news outlet in a bankruptcy auction that was later voided by a judge, a lawyer in the case said Monday.
First United American Companies, which runs a website in Jones name that sells nutritional supplements, submitted the new offer despite there being no official request to do so, Joshua Wolfshohl, an attorney for the trustee overseeing Jones bankruptcy, told a bankruptcy court judge at a brief hearing in Houston. Wolfshohl said the trustee also is expecting a new offer soon from The Onions parent company, Chicago-based Global Tetrahedron.
The sale of Infowars is part of Jones personal bankruptcy case, which he filed in late 2022 after he was ordered to pay nearly $1.5 billion in defamation lawsuits in Connecticut and Texas filed by relatives of victims of the Sandy Hook Elementary School shooting in Connecticut. Jones repeatedly called the 2012 shooting that killed 20 children and six educators a hoax staged by actors and aimed at increasing gun control.
Most of the proceeds from the sale of Infowars, as well as from many of Jones personal assets that are being sold, will go to the Sandy Hook families to help satisfy the defamation judgments. Some proceeds will go to Jones other creditors.
Read more: https://apnews.com/article/infowars-onion-alex-jones-sandy-hook-74cc3ea85352c468de88486e517c1cc0
speak easy
(11,054 posts)Jacson6
(984 posts)He wants to milk his son's companies for all they are worth to enrich himself. He designed the companies so that he can't be touched by any one that sues or has claims against his son and his son's companies.
He is the DR. Jones in the vitamin & supplement business that AJ sells on his nut job broadcasts.