Jones Contests Infowars Sale Alleging Fraud
Jones Contests Infowars Sale Alleging Fraud

Jones Contests Infowars Sale Alleging Fraud

News summary

Alex Jones and a company affiliated with him, First United American Companies, have filed motions to contest the sale of his Infowars platform to The Onion, alleging fraud and collusion involving the bankruptcy trustee and Sandy Hook families. The Onion's bid of $1.75 million, despite being lower than FUAC's $3.5 million offer, was accepted due to a waiver promising proceeds to Sandy Hook families, which FUAC argues is improper. Both FUAC and Jones claim the auction process lacked transparency and fairness, with Jones calling The Onion's bid 'sheer nonsense.' The bankruptcy trustee and The Onion have denied these allegations, with the trustee labeling the accusations as 'baseless.' The case remains under judicial review, with concerns about the auction process being raised by a Texas bankruptcy judge. This legal battle follows Jones' bankruptcy filing after being ordered to pay $1.5 billion for defamation related to his false claims about Sandy Hook.

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10
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0
Right
3
Unrated
3
Last Updated
2 days ago
Bias Distribution
57% Left

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