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Watchdog Opens Review of Ilhan Omar’s Finances Following Site Purge at Husband’s Firm

Federal money‑laundering inquiries tied to Minnesota’s pandemic meal fraud remain active, with no charges against Omar or Tim Mynett.

Overview

  • National Legal and Policy Center chair Peter Flaherty said the group is examining Omar’s financial disclosures after reports of a sharp wealth increase.
  • Rose Lake Capital, founded by Omar’s husband Tim Mynett, removed nine officer and advisor profiles from public pages between September and October, according to reports.
  • Congressional filings show Rose Lake’s reported value jumped from under $1,000 in 2023 to between $5 million and $25 million in 2024, while the firm has publicly claimed $60 billion in assets under management.
  • Mynett’s winery, eStCru, rose from a reported $15,000–$50,000 value in 2023 to $1 million–$5 million in 2024, despite a sparse public footprint and a previously settled investor lawsuit.
  • Nearly 90 people have been charged in Minnesota’s child‑nutrition fraud cases, including two with past links to Omar’s orbit, and she defends her 2020 MEALS Act as necessary pandemic relief.