Somali-born Minnesota Democrat Rep. Ilhan Omar’s net worth rose from $51,000 to $30 million in one year. Now, Omar’s husband’s venture capital firm has reportedly removed the names of multiple high-profile figures from its website as scrutiny continues to mount over large-scale fraud tied to Minnesota welfare programs.
Omar’s husband, Tim Mynett, launched Rose Lake Capital in 2022. Omar previously “introduced the legislation critics say paved the way for what the feds have called the largest fraud of the pandemic,” the Post reported.
According to a report published Saturday by the New York Post, the firm, Rose Lake Capital, erased the names of “nine officers and advisors” from its website between September and October.
The changes reportedly occurred during the same period federal prosecutors announced additional criminal charges connected to a sprawling welfare fraud scheme in Minnesota.
Federal authorities have described the Minnesota cases as among the most significant fraud schemes uncovered during the COVID-19 era.
In an interview with Lindell TV, Republican James Comer, Chairman of the House Oversight Committee, says Ilhan Omar is now on "top of the suspect list" in the Committee's Minnesota Somali fraud probe:
The Post reported that the list included lobbyist and former Obama administration ambassador to Bahrain Adam Ereli; former U.S. senator and Obama administration ambassador to China Max Baucus; Alex Hoffman, identified as an associate of the Democratic National Committee’s finance chair; former Democratic National Committee treasurer William Derrough; and Keith Mestrich, a former chief executive officer of Amalgamated Bank.
Mestrich previously described Amalgamated Bank as “the institutional bank of the Democratic Party,” according to the report.
The developments surrounding Rose Lake Capital have drawn additional attention in light of reporting on Omar’s personal finances.
In September, Breitbart News reported that Omar’s net worth rose from $51,000 to $30 million in one year.
“Reports say that Omar has many close ties to organizations, businesses, and individuals named in the various cases that have uncovered massive fraud of Minnesota’s overly generous welfare schemes, cases that total up to more than a billion dollars in stolen taxpayer money,” Breitbart reported.
As an example, Breitbart reported that Omar has held events and parties at Safari Restaurant, a Minneapolis eatery that has been named in some of the investigations.
The restaurant’s owners, Salim Said and Aimee Bock, were convicted in the Feeding Our Future case, which defrauded approximately $250 million in state child nutrition funds.
The ongoing investigations and recent reporting have prompted reactions from other lawmakers, reported Lifezette.
Rep. Randy Fine (R-FL) recently announced plans to introduce a resolution seeking Omar’s expulsion from Congress. Fine has also criticized Minnesota Gov. Tim Walz over the fraud issue, stating that Walz “should be in jail.”
While Omar has not yet been charged in any of the fraud investigations, the actions involving her husband’s firm and the timing of the website changes have added to questions surrounding Minnesota’s handling of welfare programs and the political figures connected to them, observed our friends at Lifezette.
We urge Chairman Comer to keep the pedal to the metal in his probe into welfare fraud in Minnesota and Ilhan Omar’s role in it.
George Rasley is editor of Richard Viguerie's ConservativeHQ.com and is a veteran of over 300 political campaigns. A member of American MENSA, he served on the staff of Vice President Dan Quayle, as Director of Policy and Communication for former Congressman Adam Putnam (FL-12) then Vice Chairman of the Oversight and Government Reform Committee's Subcommittee on National Security and Foreign Affairs, and as spokesman for retired Rep. Mac Thornberry formerly a member of the House Intelligence Committee and Chairman of the House Armed Services Committee.
Omar’s husband, Tim Mynett, launched Rose Lake Capital in 2022. Omar previously “introduced the legislation critics say paved the way for what the feds have called the largest fraud of the pandemic,” the Post reported.
According to a report published Saturday by the New York Post, the firm, Rose Lake Capital, erased the names of “nine officers and advisors” from its website between September and October.
The changes reportedly occurred during the same period federal prosecutors announced additional criminal charges connected to a sprawling welfare fraud scheme in Minnesota.
Federal authorities have described the Minnesota cases as among the most significant fraud schemes uncovered during the COVID-19 era.
In an interview with Lindell TV, Republican James Comer, Chairman of the House Oversight Committee, says Ilhan Omar is now on "top of the suspect list" in the Committee's Minnesota Somali fraud probe:
Reporter: "There are reports that members of Congress are actually receiving daycare and healthcare clinic money funneled through various PACs. If this is true and widespread, how can the American people trust Congress to task and uncover the far-reaching tentacles of this fraud?"
COMER: "Any member of Congress that's getting any money unethically or illegally, there's an Ethics Committee, and it's a bipartisan — it's an equal number of Republicans and Democrats — and that's the committee that's supposed to investigate members of Congress. The Ethics Committee was created — we have in our rules that we're not supposed to investigate other members, but the Ethics Committee has a staff, and that is their sole purpose for existence in life. And I think the House Ethics Committee traditionally has been a lot harder on unethical behavior than the Senate Ethics Committee, that's my opinion. But anybody that has information on a member of Congress, bring that to that Ethics Committee and they'll investigate it, I don't care if they're Republican or Democrat, we need to hold them accountable."
REPORTER: "What about Ilhan Omar? Any thoughts?"
COMER: "Yeah, well, I mean, she's at the top of the suspect list in that, so we'll see. But I can tell you my members — there are going to be ethics complaints filed against Omar. She had an opportunity to come in here today."
REPORTER: "Yeah, she was actually right across the hall at the Black Caucus lunch."
COMER: "If it was anything about Kentucky, I would've been there. And I think that's the way it is with most members, especially this Somali — this is a hearing about Somali fraud. There have been countless reports that her husband has profited in some way, and she in some way, shape, or form. I don't know if that's true or not, but she could've had an opportunity to come in here and defend herself. So hopefully you all may knock on her door and ask her some questions and we'll see what she has to say."
COMER: "Any member of Congress that's getting any money unethically or illegally, there's an Ethics Committee, and it's a bipartisan — it's an equal number of Republicans and Democrats — and that's the committee that's supposed to investigate members of Congress. The Ethics Committee was created — we have in our rules that we're not supposed to investigate other members, but the Ethics Committee has a staff, and that is their sole purpose for existence in life. And I think the House Ethics Committee traditionally has been a lot harder on unethical behavior than the Senate Ethics Committee, that's my opinion. But anybody that has information on a member of Congress, bring that to that Ethics Committee and they'll investigate it, I don't care if they're Republican or Democrat, we need to hold them accountable."
REPORTER: "What about Ilhan Omar? Any thoughts?"
COMER: "Yeah, well, I mean, she's at the top of the suspect list in that, so we'll see. But I can tell you my members — there are going to be ethics complaints filed against Omar. She had an opportunity to come in here today."
REPORTER: "Yeah, she was actually right across the hall at the Black Caucus lunch."
COMER: "If it was anything about Kentucky, I would've been there. And I think that's the way it is with most members, especially this Somali — this is a hearing about Somali fraud. There have been countless reports that her husband has profited in some way, and she in some way, shape, or form. I don't know if that's true or not, but she could've had an opportunity to come in here and defend herself. So hopefully you all may knock on her door and ask her some questions and we'll see what she has to say."
The Post reported that the list included lobbyist and former Obama administration ambassador to Bahrain Adam Ereli; former U.S. senator and Obama administration ambassador to China Max Baucus; Alex Hoffman, identified as an associate of the Democratic National Committee’s finance chair; former Democratic National Committee treasurer William Derrough; and Keith Mestrich, a former chief executive officer of Amalgamated Bank.
Mestrich previously described Amalgamated Bank as “the institutional bank of the Democratic Party,” according to the report.
The developments surrounding Rose Lake Capital have drawn additional attention in light of reporting on Omar’s personal finances.
In September, Breitbart News reported that Omar’s net worth rose from $51,000 to $30 million in one year.
“Reports say that Omar has many close ties to organizations, businesses, and individuals named in the various cases that have uncovered massive fraud of Minnesota’s overly generous welfare schemes, cases that total up to more than a billion dollars in stolen taxpayer money,” Breitbart reported.
As an example, Breitbart reported that Omar has held events and parties at Safari Restaurant, a Minneapolis eatery that has been named in some of the investigations.
The restaurant’s owners, Salim Said and Aimee Bock, were convicted in the Feeding Our Future case, which defrauded approximately $250 million in state child nutrition funds.
The ongoing investigations and recent reporting have prompted reactions from other lawmakers, reported Lifezette.
Rep. Randy Fine (R-FL) recently announced plans to introduce a resolution seeking Omar’s expulsion from Congress. Fine has also criticized Minnesota Gov. Tim Walz over the fraud issue, stating that Walz “should be in jail.”
While Omar has not yet been charged in any of the fraud investigations, the actions involving her husband’s firm and the timing of the website changes have added to questions surrounding Minnesota’s handling of welfare programs and the political figures connected to them, observed our friends at Lifezette.
We urge Chairman Comer to keep the pedal to the metal in his probe into welfare fraud in Minnesota and Ilhan Omar’s role in it.
George Rasley is editor of Richard Viguerie's ConservativeHQ.com and is a veteran of over 300 political campaigns. A member of American MENSA, he served on the staff of Vice President Dan Quayle, as Director of Policy and Communication for former Congressman Adam Putnam (FL-12) then Vice Chairman of the Oversight and Government Reform Committee's Subcommittee on National Security and Foreign Affairs, and as spokesman for retired Rep. Mac Thornberry formerly a member of the House Intelligence Committee and Chairman of the House Armed Services Committee.
