Ilhan Omar Faces Investigation After Outrage Over Massive Wealth Gains and Aid Fraud In Minnesota
Amid growing anger over a sweeping fraud scandal in Minnesota, a conservative watchdog group said it was reviewing the personal finances of Rep. Ilhan Omar, citing questions about her sudden rise in wealth.
Peter Flaherty, chairman of the National Legal and Policy Center, said his organization had begun examining the Minnesota Democrat’s financial disclosures and related business ties. He told The NY Post that his team was “certainly looking” at Omar (D-Minn.).
The scrutiny followed recent reporting that highlighted a dramatic increase in Omar’s net worth. According to her financial filings, her wealth climbed to roughly $30 million within about a year — an increase of approximately 3,500% compared to 2023.
Much of that increase appeared tied to the business interests of her husband, Tim Mynett. His ventures included a California-based winery and Rose Lake Capital, a venture capital firm based in Washington, DC.
Rose Lake Capital’s reported value surged from nearly nothing in 2023 to somewhere between $5 million and $25 million a year later, according to previous reporting by The Post. The firm had also promoted the claim that its officers had overseen some $60 billion in “previous” assets.
More recently, the company removed the names and biographies of its nine officers from LinkedIn, prompting further questions about the firm’s operations and leadership.
Mynett’s winery, which had faced fraud-related allegations in the past, also saw a sharp jump in its estimated value. Omar’s disclosures placed the winery’s worth at between $1 million and $5 million in 2024.
The questions surrounding Omar’s finances emerged against the backdrop of the Feeding Our Future scandal in Minnesota, where hundreds of millions of dollars in public funds were siphoned off through a sprawling fraud scheme tied to pandemic-era food programs.
Omar had previously pointed to flaws in how COVID-era relief programs were rolled out, arguing that speed took precedence over oversight.
“I just think that a lot of the COVID programs were set up so quickly that a lot of the guardrails did not get created,” she told CNN earlier this month.
Republican critics said the situation demanded broader scrutiny, including a closer look at how Minnesota Gov. Tim Walz and Omar handled the unfolding fraud.
“On Walz’s watch, Minnesota became a fraud factory, aided and defended by allies like Ilhan Omar. Investigate everything,” Rep. Brian Babin (R-Texas) wrote on X.
“Prosecute everyone involved.”
{Matzav.com}
