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Mike Lindell of MyPillow Suffers Financial Loss After Election-Fraud Campaign: ‘We’ve Lost Everything’

Mike Lindell says he has lost it all.

The CEO of MyPillow, now almost as well known for promoting theories of a stolen 2020 presidential election, said in multiple interviews Thursday that he has no money left after years of lawsuits and what he called a cancel-culture campaign against his company.

“We’ve lost everything, every dime,” he told NBC News in a phone interview about his attorneys’ efforts to withdraw from his case over millions of dollars in unpaid legal fees. “All of it is gone.”

Mr. Lindell told NBC that he can no longer take out any loans because of financial woes amid defamation lawsuits and bad media publicity.

“They took away my borrowing because of all you guys in the media,” he said, adding that he’d been “canceled” over his election-fraud claims defending former President Donald Trump.

Speaking on Steve Bannon’s “War Room” program on Thursday, Mr. Lindell said “attacks on MyPillow” have been “devastating” to its credit rating.

“I can’t pay the lawyers. We can’t pay. There’s no money left to pay them,” he said. “I don’t know where that leaves us.”

The “MyPillow Guy” admitted having gone broke on the day that the law firm of Parker Daniels Kibort LLC said Mr. Lindell and MyPillow are months behind on their legal bills in three defamation cases.

“At this time, Defendants are in arrears by millions of dollars to PDK,” the filing said. “PDK is a small litigation and trial firm in Minneapolis, MN and cannot afford to finance Defendants’ defense in the Litigations.”

The legal firm said that if it continued to represent Mr. Lindell, the “future fees and costs will amount to millions of dollars in addition to the millions of dollars already owed.”

Mr. Lindell has been named in defamation lawsuits brought by voting machine companies Smartmatic and Dominion Voting Systems and former Dominion employee Eric Coomer, who all say Mr. Lindell damaged their reputations with his repeated and unsupported claims of fraud.

According to the firm’s filing, Mr. Lindell and his company “have been made fully aware of this filing” and “have been advised to obtain other counsel.”

They “do not object, and are in the process of finding new counsel,” the filing said.

When NBC News asked Mr. Lindell whether he would hire a new legal team or represent himself, he parried the question.

“This just happened today,” he said.

But in a separate interview with CNN, Mr. Lindell said he would not settle the case.

“Not in a million years,” he said.

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