Mike Lindell Is Suing Because He's An Idiot

We've known for a long time that Mike Lindell and his company, MyPillow, has some serious money problems, but we didn't know just how much trouble he is in or that it's about to get a lot worse, thanks to Lindell's own stupidity: MyPillow owner Mike Lindell said his company was duped into borrowing $1.6 million at a 409% annual interest rate, the latest sign of financial distress for the far-right pillow salesman. [...] Cobalt, Streamline, and two men named as defendants "took advantage" of MyPillow, "a cash-strapped business that needed funds quickly," the lawsuit said.

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  • Mike Lindell Is Suing Because He's An Idiot
    Cobalt, Streamline, and two men named as defendants "took advantage" of MyPillow, "a cash-strapped business that needed funds quickly," the lawsuit said. The lawsuit claims that the September ...
    12/12/2024 - 1:00 pm | View Link
  • MyPillow CEO Mike Lindell sues a merchant cash advance firm over a ‘sham’ loan that had a 409% interest rate
    MyPillow owner and CEO Mike Lindell is suing a loan provider, alleging his firm was deceived into borrowing $1.6 million at a 409% interest rate, according to a lawsuit filed in Minnesota.  Lindell ...
    12/12/2024 - 12:16 pm | View Link
  • Mike Lindell's 'Cash-Strapped' MyPillow Took $1.5M Payday Loan At 409% Interest Rate: Lawsuit
    Lindell, who has been sued over his false claims the 2020 election was rigged, said misconduct by the company makes the loan "unenforceable" ...
    12/12/2024 - 3:40 am | View Link
  • MyPillow and Mike Lindell sue another lender, claiming $1.2M loan was a ‘sham’
    MyPillow and CEO Mike Lindell are suing another merchant cash advance company over an allegedly illegal loan. The Chaska-based manufacturer borrowed $1.5 million from Cobalt Funding Solutionsin ...
    12/10/2024 - 2:03 pm | View Link
  • MyPillow CEO Mike Lindell’s financial woes are only getting more desperate
    In the other corner, Lifetime Funding, a Long Island, New York, company that provides non-traditional financing to businesses unable to get bank loans, is suing Lindell for allegedly refusing to ...
    10/31/2024 - 4:02 am | View Link
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