(Photo by Manuel Balce Ceneta/AP)
Rep. Ilhan Omar (D-MN) is once again under fire – this time because of her husband By Tim Mynett The $25 million venture capital firm, Rose Lake Capital, has reportedly removed the details of key officials amid growing questions about the couple’s wealth and ongoing Minnesota welfare fraud investigations.
According to her latest financial disclosure in May, the couple’s net worth has increased by 3500% in just one year; their net worth is now anywhere from $6 million to $30 million. The venture capital firm alone, according to the filing, is worth between $5 million – $25 million.
the New York Post was the first outlet to report the names scrubbed firm of Mynett on Saturday.
“There are a lot of strange things going on,” Paul Kamenara lawyer of the National Legal and Political Center, told the Location. “It was basically broke when she came into office and now it’s worth maybe up to $30 million … it needs to be cleaned up on these assets.”
Rose Lake Capital reportedly had less than $1,000 in assets in 2023, according to financial disclosures for that year — leading many to question the firm’s explosive fiscal growth.
Between September and October, nine official and adviser details were removed from the site, including former Obama officials, according to the NYP. These names include the former Obama Ambassador to Bahrain Adam Ereli; former Obama Ambassador to China Max Baucus; DNC Finance Chair associate Alex Hoffman; former DNC treasurer William Derrough and former CEO of Amalgamated Bank Keith Mestrichaccording to the New York Postthe findings of.
The move comes amid growing scrutiny of Omar.
Ninety people have been accused, and in many cases convicted, of defrauding the state of hundreds of millions of dollars — three of whom have alleged ties to Omar, though she herself has not been charged.
Some of the scrutiny toward Omar stems from her support of reforms that have since been tapped into this fraud scheme, which includes the MEALS Act — changes to federal reimbursement rules during the COVID-19 pandemic, removing oversight requirements to increase timely access to meals for children.
When asked by Fox News Digital if she regretted creating the account and thought it led to fraud, she offered a short answer: “Absolutely not. It was helping children.”
The post Ilhan Omar’s Husband Reportedly Removes Names From Firm’s Website Amid Minnesota’s Massive Welfare Fraud Investigation first appeared on Mediaite.