US EditionRep Ilhan Omar’s Husband’s Firm Removes Leadership Names Amid Minnesota Fraud Investigation
Rose Lake Capital removed leadership names amid scrutiny of a rapid valuation increase and ties to a Minnesota welfare fraud case charging nearly 90 people, prosecutors said.
- Rose Lake Capital quietly removed officers and advisers from its website as scrutiny over the family's rapidly rising wealth intensified, coinciding with additional charges in the Minnesota welfare fraud probe.
- Founded in 2022, Rose Lake Capital emerged after federal food assistance expanded during the pandemic; critics say Omar's 2020 sponsorship of reduced oversight enabled large-scale abuse, while supporters say it helped feed children.
- Financial disclosures reveal minimal assets in 2023 surged to multi-million valuations while Rose Lake claims tens of billions despite listing a shared workspace in Washington, D.C., and Mynett's winery faced past fraud allegations.
- Federal authorities confirmed parallel reviews by the U.S. Treasury Department and U.S. Justice Department into possible money laundering, with nearly 90 people charged and Omar's office declining comment until January 5.
- Omar's disclosures show a dramatic financial turnaround from negative net worth in 2019 to assets as high as $30 million, despite her denials.
19 Articles
19 Articles
The Secret to Sudden Wealth: Being Somali in Minnesota?
Tim Mynett, the husband of Rep. Ilhan Omar, has been involved in a venture capital firm called Rose Lake Capital. Recently, the firm has removed details of its senior officers and advisers from its website, including several former Obama administration officials and Democrat Party officials. Sudden Wealth Additionally, their sudden wealth has raised eyebrows. Omar […] The post The Secret to Sudden Wealth: Being Somali in Minnesota? appeared firs…
3,500% Wealth Surge: Questions Mount As Minnesota Rep. Omar’s Husband Scrubs Firm’s Site
Representative Ilhan Omar (D-MN) is facing renewed scrutiny following reports that her husband’s venture capital firm, Rose Lake Capital, quietly removed a list of key officers from its website. The digital purge coincides with questions regarding a massive spike in the couple’s reported wealth, which financial disclosures show jumped nearly 3,500% in a single year. […] 3,500% Wealth Surge: Questions Mount As Minnesota Rep. Omar’s Husband Scrubs…
NEW: House Expands Probe Into Minnesota Welfare Fraud
The House Oversight Committee on Tuesday announced that it was significantly expanding its ongoing probe into Minnesota’s billion-dollar public welfare fraud scandals. House Oversight Committee Cahir James Comer (R-KY) previously announced the investigation on December 3. In a press release, the committee stated that it was examining “widespread fraud in Minnesota’s social services programs under […] The post NEW: House Expands Probe Into Minnes…
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