The conspiracy theorist was ordered to pay the families of the victims damages for claims that 2012 shooting was a hoax
that in addition to Jones spending $80,000 on a private jet, security and a villa during his time in Connecticut last year to testify at trial, he also appeared to have been sneaking away his money to various entities.that in October 2021, Jones made a business agreement with Auriam Services, a month-old company founded by lifestyle blogger Anthony Gucciardi, a friend of Jones. According to the report, Auriam Services was 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. That same month, Free Speech Systems filed for bankruptcy. In January, Jones submitted a personal balance sheet to a bankruptcy court in Texas which the New York Times reviewed. The sheet indicated that Jones had approximately only $5.6m in total assets.
Last month, Jones remained adamant about maintaining his platform and company, saying on his podcast, “If anybody thinks they’re shutting me down, they’re mistaken,” the New York Times reported.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NHS pay rise may have to come from existing budget, says ministerOliver Dowden says it ‘won’t be easy’ to fund estimated £1.5bn offer for nurses and ambulance staff
Read more »
At the heart of the Murdaugh murders is a dynasty with a history of 'tragedy and trains'The media tents and trucks have packed up and left and the wall-to-wall cable network coverage of the six-week trial of South Carolina lawyer Alex Murdaugh has ended. However, in rural Hampton County, it's a difficult, uneasy time.
Read more »
Silicon Valley Bank ‘exposed themselves’ loaning money to ‘cash poor’ tech start-upsUniversity of Sydney Head of Business and Finance Prof. Eliza Wu says Silicon Valley Bank “exposed themselves” to difficulty gaining funds back by handing out loans to start-up tech companies which are typically “cash poor”. “In the case of Silicon Valley Bank they’ve exposed themselves to a lot of loans made to start-up tech companies – typically cash poor so it’s very hard to be able to get funds back when you need to,” Ms Wu told Sky News host Ross Greenwood. “Especially when you’ve got large investors that are withdrawing funds from the financial institution.”
Read more »
Westpac banned from selling three funds over legal breachASIC says BT failed to meet laws designed to make sure financial products only target appropriate consumers when selling the funds, which are worth a combined $4.2 billion.
Read more »
‘Lazy’ start-ups schooled on managing cash after SVB collapseMany founders have scrambled to recover funds they had parked in large amounts at the failed lender.
Read more »
Regulatory protection for depositors at banks ‘necessary’ after Silicon Valley Bank runUniversity of Sydney Head of Business and Finance Prof. Eliza Wu says regulatory protection for depositors at banks is “necessary” as the traditional banking model indicates bank “runs” are likely to occur. “Regulatory protection is necessary because – the vulnerability with the traditional banking model with the maturity transformation they are engaged in with their unique role in our financial system is that there are likely to be runs,” Ms Wu told Sky News host Ross Greenwood. “Trust evaporates very quickly within financial systems and we’ve seen that happen over and over again – throughout history. “So then it’s important to have this base level of protection in place to ensure depositors feel sufficiently safe with parking their funds with banks so they are able to engage in this important function – throughout the economy.”
Read more »