Mike Lindell, the owner of MyPillow, says 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.
Mike Lindell, the MyPillow CEO and an avid supporter of President-elect Donald Trump, filed a lawsuit against two small financial services that gave his company a loan when it needed money urgently.
Lindell said after the lawsuit was filed that MyPillow stopped using DHL over a year earlier in a dispute over shipments that he said were DHL’s fault.
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