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.
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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.
Presiding over the Dominion case is U.S. District Court Judge Carl Nichols, who was appointed by Trump in 2019.
In court, the judge told Lindell he would need to see financial documents proving the claim before he decides the case. He asked that those documents be given to him by the end of the week in a “sealed filing.”
Lindell has already been held in contempt for failing to turn over documents in the Smartmatic defamation case.