Mike Lindell denies $5 million business loss claims.
MyPillow Founder Mike Lindell Disputes Reports of $5 Million Loss
Conservative businessman and MyPillow founder, Mike Lindell, is pushing back against recent claims that his business suffered a $5 million loss due to a court order. Lindell took particular issue with a statement made by a news outlet regarding a “Prove Mike Wrong” challenge related to the 2020 presidential election.
In a video published on Tuesday, Lindell expressed frustration with reporters who believed they had damaging information about MyPillow. He clarified, “MyPillow did not lose $5 million dollars. They’re not even involved. It’s called Lindell Management that organized that event, and we have taken the guy to court. They didn’t win $5 million dollars.”
This statement from Lindell follows an April court order requiring him to pay $5 million to a computer and software expert who successfully refuted his data related to election fraud claims. Lindell has been a vocal supporter of former President Donald Trump’s allegations that the 2020 election was “stolen.” He had offered a reward to any cybersecurity expert who could disprove his data, which suggested Chinese interference influenced the election results in favor of Joe Biden.
In the new video, Lindell criticized the arbitration process, claiming that the winner had the support of “three crooked arbitrators.” He emphasized that the case is still ongoing, as they have taken the matter to court.
Regarding recent reports, Lindell mentioned that industrial equipment from MyPillow is currently being auctioned online. The items up for bid include trucks, heavy-duty equipment, office equipment, and sewing machines. This auction follows the decision by several brick-and-mortar stores, such as Walmart and Bed Bath & Beyond, to stop carrying MyPillow products.
The auction, featuring nearly 850 items, will conclude on July 18 at 7 p.m. It is taking place at 4701A Valley Industrial Blvd. S. in Shakopee, Minnesota.
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