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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMike Lindell's meltdown begins: He recently sold a MyPillow plane to fund Dominion lawsuit
Pillow mogul turned election conspiracy theorist Mike Lindell is facing multiple difficulties in his two-pronged quest to prove that the 2020 election was stolen by China and to fend off a colossal lawsuit by Dominion Voting Systems, which claims that Lindell and many others defamed the company and did enormous damage to its business and reputation.
With Dominion's $1.3 billion lawsuit hanging over his head, records indicate that Lindell is making major personal concessions in preparation for a significant legal battle.
According to Federal Aviation Administration (FAA) records reviewed by Salon, Lindell (through his company MyPillow) has recently sold off at least one of his private planes. FAA records indicate that an aircraft registered to MyPillow a 1993 Dassault-Breguet Falcon 50 with tail number N497SP was transferred to Clyde Air LLC on July 26, for an undisclosed purchase amount. (A similarly-configured 1993 Falcon 50 private jet currently on the market has a $2.5 million price tag.)
Using an apartment address associated with the new owner, Salon traced the purchase to a potential big-money buyer: capital executive Frank Selldorff. He didn't return a Salon request for comment on Tuesday afternoon.
*snip*
https://www.salon.com/2021/09/01/mike-lindells-meltdown-begins-he-recently-sold-a-mypillow-plane-to-fund-dominion-lawsuit/
Hugin
(33,112 posts)Desperate times, let me tell ya'.
lagomorph777
(30,613 posts)No soft landing for Pillow Man.
Rorey
(8,445 posts)Maybe he's liquidating to fund his new life, rather than for the cost of fighting the Dominion lawsuit.
Just a thought that crossed my mind.
TheRealNorth
(9,474 posts)I would expect him to be hiding assets in offshore accounts.
captain queeg
(10,133 posts)hookaleft
(938 posts)He is a true believer. I think he really believes this crap and is on a mission.
CanonRay
(14,094 posts)He'll whine that he lost everything to save the country.
tanyev
(42,541 posts)Marcuse
(7,469 posts)His marketing people must be concerned.
Yo_Mama_Been_Loggin
(107,857 posts)He's been melting down for a while.
dclarston13
(407 posts)That might be interesting to know.
Clyde Air LLC appears to be operated by a Registered Agent through CogencyGlobal Inc. I dont know anything about registered agent, but the whole thing seems a little murky.