Mike Lindell Pleads For Help with MyPillow

(NationalUSNews.com) — The CEO of MyPillow, Mike Lindell, is asking for help on a podcast hosted by Steve Bannon following American Express’s reduction of the company’s credit from millions to just a few hundred thousand dollars. According to Lindell, the reduction in credit will ruin his company, as it prevents Lindell’s company from paying for advertising or marketing.

According to Lindell, the change in credit occurred without warning, and American Express isn’t providing a reason for the credit reduction. Lindell believes the reduction in MyPillow’s credit might be in response to his controversial political views, as he was a vocal supporter of Donald Trump’s now infamous claims of fraud in the 2020 presidential election. Lindell is now asking the audience to help with MyPillow’s current financial situation and claims that another company is also hindering the success of his business.

The reduction in MyPillow’s credit isn’t the only financial pitfall of Lindell’s business in the past few years, as following his controversial statements regarding the 2020 presidential election, many retailers ended their partnerships with Lindell. According to Lindell, the retailers’ decision to stop selling MyPillow products cost the company $100 million. Lindell’s decision to support Trump’s repeated claims of election fraud and finance efforts to prove illegal activity occurred during the election caused massive backlash nationwide. Despite the efforts of Lindell and other outspoken Trump supporters, definitive evidence of voter fraud never materialized.

According to Lindell, he spent approximately $40 million to overturn the 2020 election results. Lindell’s funding ultimately failed to prove Trump’s claims of fraud, resulting in numerous lawsuits against the MyPillow CEO. Lindell claims he took out loans to pay for legal defense from the lawsuits and will soon allow customers to purchase MyPillow stock to regain the lost profits. Although Lindell’s company faces immense strife, he maintains a robust online following of ardent supporters that will likely aid in his ongoing economic troubles.

Copyright 2023, NationalUSNews.com