Infowars host Alex Jones files for bankruptcy protection in Texas

Infowars host Alex Jones filed for personal bankruptcy protection in Texas as he faces nearly $1.5 billion in court judgments over conspiracy theories he spread about the Sandy Hook school massacre

Infowars host Alex Jones filed for personal bankruptcy protection in Texas on Friday as he faces nearly $1.5 billion in court judgments over conspiracy theories he spread about the Sandy Hook school massacre.

Jones filed for Chapter 11 bankruptcy protection in bankruptcy court in Houston.

His filing lists $1 billion to $10 billion in liabilities.

The bankruptcy filing comes as Jones faces court orders to pay nearly $1.5 billion in damages to relatives of victims of the 2012 Sandy Hook Elementary School shooting for calling the massacre a hoax.

A Connecticut jury in October awarded the families $965 million in compensatory damages, and a judge later tacked on another $473 million in punitive damages. Earlier in the year, a Texas jury awarded the parents of a child killed in the shooting $49 million in damages.

Jones has laughed at the awards on his Infowars show, saying he has less than $2 million to his name and won't be able to pay such high amounts.

The comments contradicted the testimony of a forensic economist at the Texas trial, who said Jones and his company Free Speech Systems have a combined net worth as high as $270 million.

Free Speech Systems is also seeking bankruptcy protection.

In documents filed in Free Speech Systems' bankruptcy case in Texas, a budget for the company for Oct. 29 to Nov. 25 estimated product sales would total $2.5 million, while operating expenses would be about $740,000. Jones' salary was listed at $20,000 every two weeks.