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(CNN)   Alex Jones is now officially financially bankrupt, in addition to ethically and morally   (cnn.com) divider line
    More: Obvious, Certified first responder, Bankruptcy, Lawsuit, Appeal, Civil procedure, Chapter 11, Title 11, United States Code, Texas court, Jury  
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3311 clicks; posted to Main » and Politics » on 02 Dec 2022 at 10:35 AM (9 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2022-12-02 10:18:59 AM  
He was funny in the context of being a ranting, raving late-night access channel conspiracy-theory-comedian.
But he started taking himself too seriously.....
 
2022-12-02 10:22:46 AM  
Nope, not officially. Not when a judge throws it out.
 
2022-12-02 10:29:47 AM  
Can't wait until the discovery finds the hundreds of millions he's stashed.

Then he can actually go to jail for bankruptcy fraud.
 
2022-12-02 10:36:58 AM  
Where's the 'unlikely' tag?  Don't try to tell me there aren't tens of millions stashed overseas.  He's had years to set it up.
 
2022-12-02 10:37:03 AM  
He can file, but the judge will weigh the merits of his filing to determine if he's even eligible for Ch 11.

If he's using the filing as an attempt to shield himself from civil penalties (which is 99% most likely), it'll most likely get tossed.
 
2022-12-02 10:37:06 AM  
Is he still on the air?

Yes?

Then he still has assets to seize.
 
2022-12-02 10:37:28 AM  
Now do Steve Bannon, Roger Stone, and the Sacklers.
 
2022-12-02 10:37:36 AM  
But somewhere there is an LLC held by a non profit that was founded by anonymous donors that is surprisingly flush with cash, and eager to pay Alex Jones massive consulting fees once this bankruptcy thing is over.
 
2022-12-02 10:38:42 AM  
He's hidden all his money and given it to friends and family to hold.
He'll never be bankrupt.
Maybe on paper but not in reality.
 
2022-12-02 10:39:27 AM  
That's a shame.
 
2022-12-02 10:40:28 AM  
Until he ends up living in a van down by the river justice has not been served,, IMHO.
 
2022-12-02 10:40:36 AM  
Fark user imageView Full Size
 
2022-12-02 10:41:02 AM  

Somaticasual: He was funny in the context of being a ranting, raving late-night access channel conspiracy-theory-comedian.
But he started taking himself too seriously.....


No.

He's *always* been serious.
 
2022-12-02 10:41:39 AM  

Somaticasual: He was funny in the context of being a ranting, raving late-night access channel conspiracy-theory-comedian.
But he started taking himself too seriously.....


Small, inconsequential disagreement; based on what I've heard of his early shows (admittedly via Knowledge Fight, so a bit biased) he's always taken himself way too seriously. The problems arose when the number of fans taking him too seriously hit critical mass.
 
2022-12-02 10:42:43 AM  
I'll wait to celebrate until he is actually bankrupt.
 
2022-12-02 10:43:10 AM  
What, did he invest it all in Crypto?
 
2022-12-02 10:44:17 AM  
Is it wrong to hope that Alex Jones will have his toes chewed off by rats?
 
2022-12-02 10:44:23 AM  
We shouldn't even be saying this idiot's name.

Kinda like Beetlejuice, but without the funny.
 
2022-12-02 10:45:37 AM  

dallylamma: Is it wrong to hope that Alex Jones will have his toes chewed off by rats?


Face, tongue, and vocal cords.
 
2022-12-02 10:46:28 AM  
Bankruptcy Fraud - Legal Consequences

Nearly 70% of all bankruptcy fraud involves the concealment of assets. Creditors can only liquidate assets listed by the debtor; thus, if the debtor fails to reveal certain assets, they can fraudulently keep them despite owing an outstanding debt. For further concealment, the debtor might transfer undisclosed assets to friends, relatives, or associates so it cannot be found.

Federal prosecutors can bring criminal charges for suspected bankruptcy fraud under 18 U.S.C. Chapter 9. Proof of fraud requires a showing that the defendant knowingly and fraudulently misrepresented a material fact. Bankruptcy fraud carries a sentence of up to five years in prison, or a fine of up to $250,000, or both. Even just intending to commit bankruptcy fraud may be punishable.
 
2022-12-02 10:46:33 AM  
He's trying to hide / protect assets. No bankruptcy judge is going to be fooled
 
2022-12-02 10:47:24 AM  
And yet he's still of the air and continues to broadcast...
 
2022-12-02 10:47:27 AM  
The should go after his money with the zeal the irs went after joe lewis .
 
2022-12-02 10:47:41 AM  

markie_farkie: He can file, but the judge will weigh the merits of his filing to determine if he's even eligible for Ch 11.

If he's using the filing as an attempt to shield himself from civil penalties (which is 99% most likely), it'll most likely get tossed.


especially since he's on the record as having hidden assets to avoid having to pay his massive fines.
 
2022-12-02 10:47:56 AM  
Hopefully the trustee assigned to the case is very, very thorough in his examination.

/ and I understand they are just that.
 
2022-12-02 10:48:37 AM  
a good many of you have more faith in the system than i do.

a LOT more.

he ain't paying a dime of those orders.
 
2022-12-02 10:49:12 AM  

Walker: He's hidden all his money and given it to friends and family to hold.
He'll never be bankrupt.
Maybe on paper but not in reality.


Exactly. He's already been caught funnelling cash to LLCs like the supplement company in his parent's name. Balls are already rolling to claw back fraudulent transfers attempting to avoid court judgements.

This ambulant ball of cancer won't be bankrupt until he's six feet under.
 
2022-12-02 10:51:41 AM  

OMG_ItAteEveryThing: Somaticasual: He was funny in the context of being a ranting, raving late-night access channel conspiracy-theory-comedian.
But he started taking himself too seriously.....

No.

He's *always* been serious.


Except when in court insisting he's only playing a character.
 
2022-12-02 10:52:01 AM  

Somaticasual: But he started taking himself too seriously.....


My question is why did anyone else take him seriously? This guys is worse than George Noory.
 
2022-12-02 10:52:13 AM  

R0AHN: Walker: He's hidden all his money and given it to friends and family to hold.
He'll never be bankrupt.
Maybe on paper but not in reality.

Exactly. He's already been caught funnelling cash to LLCs like the supplement company in his parent's name. Balls are already rolling to claw back fraudulent transfers attempting to avoid court judgements.

This ambulant ball of cancer won't be bankrupt until he's six feet under.


Being a friend of Jones, I'd suspect they are tired of him on a way. Keep the cash, say you thought it was a gift-and if you try to sue me, we'll just see how the bankruptcy judge enjoys hearing that you tried to hide money. "Your honor, I would never take money knowing it was intended to be hidden." Then again, to be his friend, you're probably infinitely stupid so you probably taped yourselves talking about it and carrying it out.
 
2022-12-02 10:53:35 AM  

fragMasterFlash: Until he ends up living in a van down by the river justice has not been served,, IMHO.


Repossess the van. There are plenty of bridges that a troll like him can live under.  Many are even down by the river.
 
2022-12-02 10:53:55 AM  

fragMasterFlash: Until he ends up living in a van down by the river justice has not been served,, IMHO.


The Blank Reg treatment is too good for him.
 
2022-12-02 10:53:59 AM  

SomeAmerican: But somewhere there is an LLC held by a non profit that was founded by anonymous donors that is surprisingly flush with cash, and eager to pay Alex Jones massive consulting fees once this bankruptcy thing is over.


Maybe? He doesn't seem to be loved by enough high-level folks to be worth being bailed out. Yes, he's had some big donations, but not many and the largest is just about a tenth of his smallest penalty. Or, I should say, his smallest so far. He's not done in court, and keeps doing shiat likely to keep him in court.
 
2022-12-02 10:54:24 AM  

TheCableGuy: Hopefully the trustee assigned to the case is very, very thorough in his examination.

/ and I understand they are just that.


My guess is they already invested in an electron microscope for all the detailed examinations of financial records.

One wonders if bankruptcy was the right decision since there are so many legal obligations. Alex is so boned.
 
2022-12-02 10:56:35 AM  

Somaticasual: He was funny in the context of being a ranting, raving late-night access channel conspiracy-theory-comedian.
But he started taking himself too seriously.....


He always took himself seriously. He was funny to everyone else when he was just a nutjob screaming into AM radio doing a bad Limbaugh impression, annoying people on the streets of Austin and making the odd cameo as a rambling lunatic in Linklater movies, but then he started to get actual money, power and influence and it stopped being so funny...
 
2022-12-02 10:56:44 AM  

markie_farkie: dallylamma: Is it wrong to hope that Alex Jones will have his toes chewed off by rats?

Face, tongue, and vocal cords.


Those rats could live for months on his face fat alone
 
2022-12-02 10:57:12 AM  

R0AHN: Walker: He's hidden all his money and given it to friends and family to hold.
He'll never be bankrupt.
Maybe on paper but not in reality.

Exactly. He's already been caught funnelling cash to LLCs like the supplement company in his parent's name. Balls are already rolling to claw back fraudulent transfers attempting to avoid court judgements.

This ambulant ball of cancer won't be bankrupt until he's six feet under.


That's why prison is the only solution for people like Alex Jones. A place where his money won't do him much good, and he can't infest the world with more of his shiat.
 
2022-12-02 10:58:27 AM  
OMG_ItAteEveryThing:

He's *always* been serious.

Noticeably F.A.T.:

Small, inconsequential disagreement; based on what I've heard of his early shows (admittedly via Knowledge Fight, so a bit biased) he's always taken himself way too seriously. The problems arose when the number of fans taking him too seriously hit critical mass.

If so, dear lord. I remember watching him in the late 90s/early 00s purely for the entertainment value. Maybe the bulging veins in his forehead should have been taken a bit more seriously....

Sad that the extreme right hooked into that level of nuttiness.
 
2022-12-02 10:59:47 AM  

Noticeably F.A.T.: SomeAmerican: But somewhere there is an LLC held by a non profit that was founded by anonymous donors that is surprisingly flush with cash, and eager to pay Alex Jones massive consulting fees once this bankruptcy thing is over.

Maybe? He doesn't seem to be loved by enough high-level folks to be worth being bailed out. Yes, he's had some big donations, but not many and the largest is just about a tenth of his smallest penalty. Or, I should say, his smallest so far. He's not done in court, and keeps doing shiat likely to keep him in court.


Hint: the "anonymous donors" all have the name Alex Jones.
 
2022-12-02 11:00:52 AM  

OMG_ItAteEveryThing: Somaticasual: He was funny in the context of being a ranting, raving late-night access channel conspiracy-theory-comedian.
But he started taking himself too seriously.....

No.

He's *always* been serious.


Yes, but he had to be destroyed by the Illuminati in retribution for his infiltration of Bohemian Grove
media-amazon.comView Full Size
 
2022-12-02 11:06:16 AM  
I might be a little out of practice when it comes to accounting but I don't think liabilities should outpace assets by a factor of 1,000. I could be wrong, I've been out of the industry for a decade but 10 million in assets vs. 10 billion in liabilities seems a tad lopsided.
 
2022-12-02 11:09:20 AM  
So Jones is commiting fraud to avoid paying bills, that sounds very republican of him.
 
2022-12-02 11:10:36 AM  

Vlad_the_Inaner: OMG_ItAteEveryThing: Somaticasual: He was funny in the context of being a ranting, raving late-night access channel conspiracy-theory-comedian.
But he started taking himself too seriously.....

No.

He's *always* been serious.

Yes, but he had to be destroyed by the Illuminati in retribution for his infiltration of Bohemian Grove
[media-amazon.com image 850x1275]


I've always thought the "dirty secret" of Bohemian Grove is that it's a place where extremely rich and powerful people go to get really shiatfaced and probably give each other handies.  If it was truly about conspiring with each other, they wouldn't need to do it in such a known place now, and they wouldn't need the ritual.  They can conspire with each other as much as they want by normal business means.
 
2022-12-02 11:11:06 AM  

Somaticasual: He was funny in the context of being a ranting, raving late-night access channel conspiracy-theory-comedian.
But he started taking himself too seriously.....


If you watched his late night access show, you contributed to this.
 
2022-12-02 11:13:45 AM  

SomeAmerican: But somewhere there is an LLC held by a non profit that was founded by anonymous donors that is surprisingly flush with cash, and eager to pay Alex Jones massive consulting fees once this bankruptcy thing is over.


You realize that a bankruptcy court has been looking into AJ's finances for 2 months, AND they have a copy of ALL the data on AJ's cell phone, including emails and passwords.

Nothing is hidden anymore.
 
2022-12-02 11:14:11 AM  

dallylamma: Is it wrong to hope that Alex Jones will have his toes chewed off by rats?


What did the rats ever do to deserve that?
 
2022-12-02 11:15:39 AM  
Bankruptcy isn't a bad thing.
It's just a way for (rich) people to not have to pay their bills.
 
2022-12-02 11:16:25 AM  
I'll believe it when he's wearing a suit made from discarded Whataburger wrappers under a Texas overpass where he yells at an illegally dumped CRT  TV about how the lizard people are funding genetically modified organism research and he'll be back on the air Sunday.
 
2022-12-02 11:17:15 AM  

fragMasterFlash: Until he ends up living in a van down by the river justice has not been served,, IMHO.


I don't think he will make it as a motivational speaker.

/RIP Chris Farley
 
2022-12-02 11:17:33 AM  

stoli n coke: Somaticasual: He was funny in the context of being a ranting, raving late-night access channel conspiracy-theory-comedian.
But he started taking himself too seriously.....

If you watched his late night access show, you contributed to this.


Oof. Fair point.
I guess the only defense is that at least he never saw an extra dollar from any access show directly.
 
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