A Teary Mike Lindell Can’t Pay His Debts

A teary MyPillow CEO, Mike Lindell, told a judge he can’t pay more than $50,000 in sanctions he has been ordered to pay to voting software company Smartmatic over “frivolous” election claims. Lindell said he has no money left after numerous legal battles.

“I’m in ruins,” a teary Lindell said through a Zoom screen during a motion hearing in the U.S. District Court in Washington on Wednesday, pleading to Judge Carl Nichols to allow him to wait until after the final judgment comes out to make any payment in the case, which he has already lost.

Last month, Smartmatic filed a motion to hold Lindell in contempt, alleging the MyPillow CEO has been dodging his court-ordered payment of $56,369 to Smartmatic for months.

He Blamed It on Lawfare

Lindell said he can’t pay after the last few years of “lawfare” waged against him for trying to “secure the election.”

“I borrowed everything I can. Nobody will lend me any money anymore,” Lindell claimed. “I can’t turn back time … but I will tell you, I don’t have any money.”

Lindell said he was recently forced to lay off hundreds of MyPillow employees, lost multiple MyPillow warehouse units over the past two years, and even owes millions of dollars to the IRS for what he described as a COVID-era employee retention credit.

He said he has “nothing” except two houses, which he said are being liquidated, and a truck, and  he can no longer adhere to a previously proposed plan to make monthly installments of $5,000.

Lindell has to prove it by Friday.

“I have nothing to hide,” Lindell said as he agreed, adding that he wants Smartmatic to see his financial situation as well.

Smartmatic’s attorney said his client would prefer to see the payment made in a lump sum as soon as possible, but acknowledged he would respect the judge’s ruling.

Aside from this, Mike Lindell TV loses nearly $2 million a year. My Pillow still sells directly and online.

It is a sad outcome given where he came from. He was a substance abuser who saved himself and started a very good pillow company.

Image:  Gage Skidmore, Wikimedia Commons