Alex Jones is reportedly transferring money to family and friends in an effort to conceal the funds and avoid having to pay the families of the victims of the 2012 Sandy Hook Elementary School shooting approximately $1.5 billion.
The conspiracy theorist has transferred assets worth millions of dollars outside the reach of creditors, according to a New York Times investigation into Jones's financial and legal documents. Jones was ordered in court to pay the nearly $1.5 billion last year after years of claiming the mass shooting was an elaborate hoax set up by the government to take guns away from the public.
"I’m officially out of money, personally," Jones said on InfoWars in December, per the Associated Press."It’s all going to be filed. It’s all going to be public. And you will see that Alex Jones has almost no cash." The report revealed that in October 2021, Jones made a business agreement with Auriam Services, a month-old company founded by Jones's friend and lifestyle blogger Anthony Gucciardi, meant to function as a credit card processing intermediary.
The investigation also found that Jones signed a contract last July with Blue Ascension, a new company founded just a few months prior by Patrick Riley, Jones’s former personal trainer and assistant.
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