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Government Corruption
Somali Congresswoman Ilhan Omar facing probe over how her family wealth rocketed from near-nothing to $30 million in just one year
2025-12-31
[Daily Mail, where America gets its news] Minnesota Congresswoman Ilhan Omar is facing scrutiny over her financial disclosure forms after her assets skyrocketed from only $1,000 to almost $30 million in just one year.

Omar's most recent financial disclosure form, released in May, lists the value of Rose Lake Capital LLC between $5 million and $25 million.

The venture capital management firm is headquartered in Washington DC. Omar lists the asset as 'partnership income' on her form and claimed she doesn't receive any income from Rose Lake.

However, in her report from 2023, which was released in May 2024, Rose Lake Capital only has a value listed between $1 and $1,000.

In 2023, the Somali-born socialist claimed an income between $15,001 and $50,000 from Rose Lake, according to her financial disclosure forms.

In response to the significant increase, the National Legal and Policy Center, a conservative nonprofit that monitors ethics of liberal public officials, has confirmed they're 'certainly looking' at the progressive congresswoman.

Peter Flaherty, the chair of the organization, told the New York Post that the center is investigating Omar's assets.

Omar, whose previous marriage to her own brother was exclusively revealed by the Daily Mail also lists ESTCRU LLC as another form of partnership income on her most recent financial disclosure form.

Rose Lake and ESTCRU are owned by Omar's husband, Tim Mynett. Mynett has served as the president and co-founder of Rose Lake since 2022, according to his LinkedIn profile.

The company is a winery in Santa Rosa, California. It's value is listed between $1 million and $5 million, according to Omar's financial disclosure form.

The Daily Mail has reached out to Mynett and Omar's office for comment.

Rose Lake's website says they've worked with five diplomats in over 80 countries to structure deals, mergers, and acquisitions.

'From distressed assets to buying publicly traded companies – our team has the prowess to execute the right opportunities,' the company's description reads.

'At Rose Lake we tap into our extensive global network to create strategic partnerships to maximize the strength of the businesses we partner with.'

Rose Lake's LinkedIn page also appears to have been removed amid reports of Omar's wealth gains.

The company's website stripped team members names and bios. The webpage now only displays a brief summary of Rose Lake's work.

Previous versions of the website listed several high-profile employees, including, Adam Ereli, a former ambassador to Bahrain, former Senator Max Baucus, and former officials with the Democratic National Committee, as first reported by Fox News.

Estcru wines also has an eye-catching digital footprint. A link to purchase the wines appears to have been blocked and the company's Instagram page only has 2,000 followers. Their last post was in January, 2023.

Despite the company's lack of following, its asset value jumped from a maximum worth of $50,000 to $5 million in one year, according to Omar's financial disclosure forms.

Omar's finances are drastically different from what she reported in 2018, 2019, and 2020.

In 2018, Omar didn't disclose any assets or unearned income. The following year, she listed a tax-deferred target retirement fund.

ESTCRU LLC first appeared on her financial disclosure forms in 2021, while Rose Lake Capital was first disclosed the following year.

Omar married Mynett in 2020. He was working as a political consultant at the time and his firm advised her congressional campaign.

Mynett left the consultant firm in 2022. The NLPC filed a complaint with the Federal Election Committee at the time alleging that campaign funds had been used for personal benefit due to their relationship.

Omar dismissed the allegations and said her romantic relationship with Mynett began after they concluded their work together.

The new backlash over Omar's disclosure forms comes as the state she represents is engulfed in a $9 billion fraud scandal.

Minnesota's Republican led House Oversight Committee has launched a corruption investigation into social service programs.

Assistant US Attorney Joseph Thompson alleged that 14 Medicaid programs spent $18 billion in seven years.

The state's attorney's office charged 92 defendants, many of whom are of Somali descent in fraud-related crimes.

'What we see in Minnesota is not a handful of bad actors committing crimes. It’s a staggering industrial-scale fraud,' Thompson said at a news conference in mid-December.

Omar previously addressed the scandal in an interview on CNN. She said the rush to push out benefits during the pandemic resulted in a lack of guardrails for the programs.
Related:
Ilhan Omar 12/29/2025 Ilhan Omar's Husband's Firm Erases Names amid Minnesota Fraud
Ilhan Omar 12/25/2025 A Minnesota mom does what the entire RINO MNGOP refuses to do: launches petition calling for Walz's resignation
Ilhan Omar 12/23/2025 Sudanese Air Force targets Colombian mercenaries’ camp at Nyala Airport

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