The Infowars host is alleged to have transferred millions of dollars in real estate, cash, and business deals to family and friends.
, Jones has transferred millions of dollars in real estate, cash, and business deals to family and friends in order to remain under the radar of creditors, according to a Times review of his financial documents. In one specific example, Jones transferred assets to a new company run by his former personal trainer.
bankruptcy plan, but this offer was dismissed by both the families and their legal counsel. Now, it’s not clear how much of these transferred assets the families will be able to collect. Jones also has a leg up on the families in his repayment ever since he —Subchapter V, also known as the Small Business Reorganization Act, gives creditors very little say in the restructuring of an organization declaring bankruptcy, likeJones has been the subject of two trials regarding his claims about the Sandy Hook Elementary School shooting, where a perpetrator murdered 26 students and faculty at the Connecticut school in December 2012.
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