The debt is the result of the families winning lawsuits against Jones for his calling the massacre that killed 26 people a hoax and his supportersA lawyer for Free Speech Systems, Ray Battaglia, told a federal bankruptcy judge in Houston on Tuesday that Axos Bank had shut down the company's accounts on Aug. 21 “without notice or warning.”
“So we’re perplexed,” Battaglia told the bankruptcy judge. “We have no answers for the court. They have not provided us with any.” Spokespeople for Axos did not return email messages seeking comment Wednesday. An email sent to Infowars also went unanswered, as have previous messages. According to the company’s most recent financial statement filed in bankruptcy court, it had more than $2.5 million in its Axos accounts at the end of August after bringing in more than $3 million in revenue during the month. The company paid out over $2 million in expenses and other costs, leaving a net cash flow of $1 million.
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