Mike Lindell, the far-right CEO of "cash-strapped" MyPillow, is suing a corporate payday lending company, alleging that he was duped into borrowing $1.6 million at a 409% annual interest rate, according to a report.
Lindell, who has been sued for repeating false claims that the 2020 presidential election was rigged, and MyPillow agreed to borrow the money from New York City-based Cobalt Funding Solutions in September.
