Overview
- Rose Lake Capital removed nine officer and adviser profiles from its site between September and October, including former Obama officials and Democratic finance figures, with none accused of wrongdoing.
- Congressional disclosures show Rose Lake’s reported value jumped from under $1,000 in 2023 to $5 million–$25 million in 2024, while the firm also claims $60 billion in assets and lists a WeWork address.
- Ilhan Omar’s 2024 filing reports household assets between $6 million and $30 million after previously reporting a negative net worth when she entered Congress.
- Federal prosecutors have charged nearly 90 people in Minnesota’s pandemic meal-fraud cases, and Treasury and Justice officials have opened money‑laundering inquiries, with no charges against Omar or Tim Mynett.
- Omar’s campaign says it returned $7,400 from donors later convicted in the scheme; two convicted figures had personal or campaign ties to her, and Mynett’s separate winery venture rose to a $1 million–$5 million valuation after a 2023 investor lawsuit settled.