Let's check in with Mike Lindell.
The MyPillow owner, who has been trying to undo Trump's 2020 loss for four years, had a bad day yesterday. Apparently, he was near blubbering as he argued, at a hearing on why he hasn't paid a $50,000 fine he was ordered to pay, he has no money left. He's currently trying to liquidate his homes, has laid off his employees, and no bank wants to give him a loan (Something which he enabled when he got the equivalent of a payday loan, and then sued the outfit for the high interest rate on the loan. No legit loaning operation wants to have anything to do with him now).
This is all his fault. In 2021, he could've apologized to those he wronged and probably gotten away with minimal damage, but it's his doubling down, tripling down, quadupling down, and so on that have gotten him to the point of complete ruin.
Yesterday, we got an interesting story of a Trump Administration Treasury appointee, David Eisner, approaching the IRS to reconsider an audit of Lindell. This is a HIGHLY unusual action, an action Eisner validated by saying Lindell should get a pass because he is "a high-profile friend of [Trump]." Career people with the IRS and the Treasury can never remember anyone trying something like this before.
It should be noted that Mike has pretty much admitted to screwing up his taxes, if not outright fraud. He apparently misfiled an employee retention credit during the COVID-19 epidemic, something he described as a "misunderstanding." He also tried to write off a warehouse full of an expired substance he claimed would cure COVID-19 (HAHAHAHAHAHA!!!!). He claims he wasn't happy taking the loss in 2022, when he should've filed it, because he wanted to write off the warehouse losses during a year when he had gains. You can't do that! You can't claim a child tax credit 15 years after your kids moved out because it would be better for you to do so that year.
If the Treasury is calling off the IRS, it's not because the IRS doesn't have cause for an audit.
By the way, I find it very interesting that in Minnesota, AG Keith Ellison announced an investigation into three of Lindell's nonprofits for possible violation of state charity law. A month later, Lindell claims to be out of money. Read about that here: https://www.startribune.com/mypillow-ceo-mike-lindell-charity-investigation-minnesota-attorney-general-keith-ellison/601238407?utm_source=gift
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