'I'm in ruins': MAGA MyPillow CEO insists he 'doesn't have 5 cents' to pay court tab

[EvilEyeFleegle]

Ahh..couldn't have happened to a more well deserving dupe--as Trump just sits and lets him drown:

'I'm in ruins': MAGA MyPillow CEO insists he 'doesn't have 5 cents' to pay court tab

MyPillow CEO Mike Lindell told a court this week he's broke and won't be able to write a check for all of the sanctions he's been ordered to pay. Lindell claimed in court Wednesday that he and his company had "a combined $70 million in debt." He said the IRS is also garnishing him. “Nobody will...

www.rawstory.com

MyPillow CEO Mike Lindell told a court this week he's broke and won't be able to write a check for all of the sanctions he's been ordered to pay.

Lindell claimed in court Wednesday that he and his company had "a combined $70 million in debt." He said the IRS is also garnishing him.

“Nobody will borrow me anymore. Not one dime,” Lindell said. “I’m in ruins.”

"Last month, the voting systems company Smartmatic asked a federal judge in D.C. to hold Lindell in civil contempt over his failure to pay more than $50,000 in sanctions for filing a frivolous counterclaim in a defamation suit brought by a separate company, Dominion Voting Systems," the report said.


Dominion and Smartmatic have both sued Lindell for defamation.

In the Dominion suit, the lawyers alleged that Lindell continued to say that the 2020 election was stolen from President Donald Trump "because the lie sells pillows."

"Lindell has said in court filings that at one point his company was generating as much as $300 million in annual revenue," WUSA said.

Lindell told the court he's living off just $1,000 a week.

“I don’t have $5,000 or 5 cents,” Lindell said.

 

[egp320i]

nobody is buying is pillows and other bed stuff now? he was worth millions.......where did it all go?

 

[Scoutster]

nobody is buying is pillows and other bed stuff now? he was worth millions.......where did it all go?

Hopefully, he was smart enough and put a lot of of it in an offshore untraceable account

 

[egp320i]

Hopefully, he was smart enough and put a lot of of it in an offshore untraceable account

only reason for that is if you do something illegal or for a tax shelter, not sure if either apply here but still I can't believe everybody just stop buying his products, I know somebody who bought a sheet set, made in the USA and they are of high quality

great way to ruin a US business because he supported trump

 

[EvilEyeFleegle]

Hopefully, he was smart enough and put a lot of of it in an offshore untraceable account

I'm not sure if there is such a thing anymore, really.

No matter...it doesn't take long to figure out the Mike has always been 'not-smart'.

 

[initforme]

Can't be true. Where did his billions disappear to?

 

[EvilEyeFleegle]

Can't be true. Where did his billions disappear to?

MyPillow, founded by Mike Lindell, is currently facing multiple lawsuits, including one from FedEx for over $9 million in unpaid shipping costs and another from Smartmatic for failing to pay court-ordered sanctions exceeding $50,000. Additionally, Lindell is involved in ongoing legal battles with voting machine companies, including a $1.3 billion defamation lawsuit from Dominion Voting Systems.

 

[Mack The Finger]

Hopefully, he was smart enough and put a lot of of it in an offshore untraceable account

.
More that likely...that is why rich people pay less taxes.

Have you ever noticed...when LIBs throw around the rich don't pay enough taxes...they never explain how they do it ??? It is kind of like when they say..to many black people are killed by LEO. In the blink of a eye this 16 year old gettho rat will be dispatched to St Peter.
.
.

 

[egp320i]

I'm not sure if there is such a thing anymore, really.

No matter...it doesn't take long to figure out the Mike has always been 'not-smart'.

sounds more like his lawyers and book keepers did not help him out all that much either, he created it and ran it but probably did not handle all the finances and logistics

 

[ThisIsMe]

Om curious how they came up with 3B I'm damages (1.6B from fox and 1.3B from mypillow), considering their yearly revenue is about 20M. Seems a bit frivolous doesn't it?

 

[MarathonMike]

That's life when the Democrat Stalinists use the courts to destroy their political enemies. AIN'T AMERICA GREAT? No it isn't, but it's going to be.

 

[EvilEyeFleegle]

Om curious how they came up with 3B I'm damages (1.6B from fox and 1.3B from mypillow), considering their yearly revenue is about 20M. Seems a bit frivolous doesn't it?

It's sounds the very opposite of frivolous..but it might be a bit egregious.
But..what price reputation..Lindell lied...and got caught..and then doubled down and lied some more.
He is the architect of his own destruction.

 

[ThisIsMe]

It's sounds the very opposite of frivolous..but it might be a bit egregious.
But..what price reputation..Lindell lied...and got caught..and then doubled down and lied some more.
He is the architect of his own destruction.

Yeah, but the lawsuit for 3B damages on a company that only makes 20Ma year? Are they suing for 150 years of damages? Again, frivolous. I didn't see the details, what was their proof that the allegations caused 3B in damages?

 

[JGalt]

Ahh..couldn't have happened to a more well deserving dupe--as Trump just sits and lets him drown:

'I'm in ruins': MAGA MyPillow CEO insists he 'doesn't have 5 cents' to pay court tab

MyPillow CEO Mike Lindell told a court this week he's broke and won't be able to write a check for all of the sanctions he's been ordered to pay. Lindell claimed in court Wednesday that he and his company had "a combined $70 million in debt." He said the IRS is also garnishing him. “Nobody will...

www.rawstory.com

MyPillow CEO Mike Lindell told a court this week he's broke and won't be able to write a check for all of the sanctions he's been ordered to pay.

Lindell claimed in court Wednesday that he and his company had "a combined $70 million in debt." He said the IRS is also garnishing him.

“Nobody will borrow me anymore. Not one dime,” Lindell said. “I’m in ruins.”

"Last month, the voting systems company Smartmatic asked a federal judge in D.C. to hold Lindell in civil contempt over his failure to pay more than $50,000 in sanctions for filing a frivolous counterclaim in a defamation suit brought by a separate company, Dominion Voting Systems," the report said.


Dominion and Smartmatic have both sued Lindell for defamation.

In the Dominion suit, the lawyers alleged that Lindell continued to say that the 2020 election was stolen from President Donald Trump "because the lie sells pillows."

"Lindell has said in court filings that at one point his company was generating as much as $300 million in annual revenue," WUSA said.

Lindell told the court he's living off just $1,000 a week.

“I don’t have $5,000 or 5 cents,” Lindell said.

The 2020 election was stolen, Trump actually won, and Dominion voting machines were used to steal the election.

So sue me.

 

[initforme]

MyPillow, founded by Mike Lindell, is currently facing multiple lawsuits, including one from FedEx for over $9 million in unpaid shipping costs and another from Smartmatic for failing to pay court-ordered sanctions exceeding $50,000. Additionally, Lindell is involved in ongoing legal battles with voting machine companies, including a $1.3 billion defamation lawsuit from Dominion Voting Systems.

Seems all self inflicted. Poor decisions all around.

 

[Dragonlady]

nobody is buying is pillows and other bed stuff now? he was worth millions.......where did it all go?

His business was a fraud. He blew it all trying to prove Trump won the election.

This is what happens to rich people who believe in Trump. Look what happened to Guliani.

There isn't a record of any businessman who has made money getting involve with Donald Trump. Look what happened to Guilliani, Sydney Powell, Jenna Ellis, and Lin Wood. All are disbarred, and out of the profession.

 

[MarcATL]

If true it couldn't happen to a nicer guy.

 

[TemplarKormac]

Ahh..couldn't have happened to a more well deserving dupe--as Trump just sits and lets him drown:

'I'm in ruins': MAGA MyPillow CEO insists he 'doesn't have 5 cents' to pay court tab

MyPillow CEO Mike Lindell told a court this week he's broke and won't be able to write a check for all of the sanctions he's been ordered to pay. Lindell claimed in court Wednesday that he and his company had "a combined $70 million in debt." He said the IRS is also garnishing him. “Nobody will...

www.rawstory.com

MyPillow CEO Mike Lindell told a court this week he's broke and won't be able to write a check for all of the sanctions he's been ordered to pay.

Lindell claimed in court Wednesday that he and his company had "a combined $70 million in debt." He said the IRS is also garnishing him.

“Nobody will borrow me anymore. Not one dime,” Lindell said. “I’m in ruins.”

"Last month, the voting systems company Smartmatic asked a federal judge in D.C. to hold Lindell in civil contempt over his failure to pay more than $50,000 in sanctions for filing a frivolous counterclaim in a defamation suit brought by a separate company, Dominion Voting Systems," the report said.


Dominion and Smartmatic have both sued Lindell for defamation.

In the Dominion suit, the lawyers alleged that Lindell continued to say that the 2020 election was stolen from President Donald Trump "because the lie sells pillows."

"Lindell has said in court filings that at one point his company was generating as much as $300 million in annual revenue," WUSA said.

Lindell told the court he's living off just $1,000 a week.

“I don’t have $5,000 or 5 cents,” Lindell said.

Of course, you're cheering someone's misfortune. Some of you are absolutely sick people.

 

[JGalt]

Of course, you're cheering someone's misfortune. Some of you are absolutely sick people.

It's not just Lindell. They wish that on all Trump-supporters.

 

[Michael1985]

Maybe if he hadn't hitched his wagon so strongly to MAGA which turned the rest of the sane people completely off, sales of his products wouldn't have tanked so much.