Quote:The $30 million venture capital firm run by Rep. Ilhan Omar’s husband, Tim Mynett, has quietly removed the names and bios of its top officers and advisors from its website.
This comes as the Minnesota Democrat faces intensifying questions about her family’s explosive wealth surge, from near bankruptcy to millions, amid one of the largest welfare fraud scandals in U.S. history, centered in her own district.

According to a bombshell report from the New York Post, Rose Lake Capital, founded by Mynett in 2022, scrubbed the details of nine key figures between September and October 2025.

The list included high-profile Democrats like former Obama Ambassador to Bahrain Adam Ereli, ex-Senator and Obama Ambassador to China Max Baucus, DNC Finance Chair associate Alex Hoffman, former DNC treasurer William Derrough, and Keith Mestrich, the ex-CEO of Amalgamated Bank, which he once called “the institutional bank of the Democratic Party.”

None of these individuals has been charged with any fraud. However, the timing coincides with federal prosecutors announcing charges against eight more suspects in the massive Minnesota welfare scam, six of whom are of Somali descent.

Omar, a prominent member of the far-left “Squad,” entered Congress in 2019 with a net worth between negative $25,000 and negative $65,000, burdened by student loans and car debt with no assets to her name.

Fast-forward to 2024, and her financial disclosures show assets ballooning to between $6 million and $30 million.

How did this happen so quickly, and what role, if any, do connections to the $9 billion Minnesota welfare fraud play?

The scandal revolves around the theft of billions from government-funded children’s meal programs during the COVID-19 pandemic.

Nearly 90 people have been charged so far, including at least three with direct ties to Omar, though she herself has not been implicated or charged.

Fraudsters allegedly claimed millions of “phantom” meals that were never served, pocketing subsidies meant for hungry kids.

One key figure, Salim Ahmed Said, co-owner of Safari Restaurant in Minneapolis, was convicted in August of stealing over $12 million by fabricating 3.9 million meals.

Said’s restaurant hosted Omar’s 2018 victory party, and a resurfaced 2020 video shows Omar praising the program there, saying in Somali, “Every day Safari provides 2,300 meals to children and their families,” while handing out food trays.

Another convicted fraudster, Guhaad Hashi Said, worked on Omar’s 2018 and 2020 campaigns and pleaded guilty in August to running a fake food site that claimed 5,000 daily meals, netting $3.2 million in ill-gotten gains.

Omar’s campaign received $7,400 in donations from at least three now-convicted individuals, which she claims were returned after the scandal broke.

Omar pushed the MEALS Act in Congress in 2020, which critics argue loosened oversight on these programs, paving the way for the fraud. When asked last week if she regretted the legislation, Omar told a reporter, “Absolutely not, it did help feed kids.”

Mynett’s firm, Rose Lake Capital, reported assets under management of $60 billion despite operating out of a WeWork office in Washington, D.C.

In 2023, it was valued at less than $1,000 in Omar’s disclosures, but by the next year, it jumped to between $5 million and $25 million. The firm boasts “deep global networks built from on-the-ground work in more than 80 countries,” but details are scarce.

Adding to the intrigue, Mynett’s other venture, a California winery called eStCru, LLC (formerly estCru), faced its own fraud allegations.

In October 2023, an investor sued Mynett for allegedly swindling $900,000 by misrepresenting the business.

“The fraud case involved a wine investor suing Mynett in Oct. 2023, accusing him of swindling him of $900,000 as he ‘fraudulently misrepresented … that estCru, LLC was a legitimate company.’ Mynett claimed he simply struggled to build a business during the pandemic,” The Post reports.

The case settled out of court.

The winery, which once sold gimmicky wines like “Blockchain” and “The Devil’s Lie,” saw its value skyrocket from $15,000-$50,000 in 2022 to between one and five million in 2024, a staggering 9,900% increase.

Today, it appears defunct. No wine sales, a broken website, a disconnected phone, and no social media activity since 2023.

Omar has previously faced ethics complaints for quietly funneling hundreds of thousands of dollars to her husband’s consulting firm.

“In total, Mynett has received a whopping $878,930.65 from Omar’s campaign since he began working for her in 2018, raising eyebrows among watchdogs and political law experts who say the practice is rife with cronyism,” The Post wrote in a 2020 report on the matter.

Paul Kamenar, counsel for the National Legal and Policy Center, didn’t mince words, telling the New York Post this week, “There’s a lot of strange things going on… She was basically broke when she came into office, and now she’s worth perhaps up to $30 million…she needs to come clean on these assets.”

In September, President Donald Trump asked about Omar’s ties to the fraud scam, writing on Truth Social, “Does Ilhan Omar know these people? Are they from her wonderfully managed Home Country of Somalia?”

Omar dismissed the wealth reports as “ridiculous” and “categorically false” earlier this year. Her office declined comment, citing a holiday closure until January 5.

Mynett did not respond to inquiries from The Post, and his businesses’ contact info is non-functional.

Link

Somalis should be banned from public office in the US. Seriously.

Their national culture has no structure. They are essentially a nation of pirates.

(12-28-2025 06:27 PM)TripleA Wrote:  Somalis should be banned from public office in the US. Seriously.

Their national culture has no structure. They are essentially a nation of pirates.

And they have an avg iq of sub 70

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(12-28-2025 06:27 PM)TripleA Wrote:  Somalis should be banned from public office in the US. Seriously.

Their national culture has no structure. They are essentially a nation of pirates.

**** that. We never should've let them here in the first place. That goes for all
Muslims.

Sent from my Pixel 7 using CSNbbs mobile app

Omar Disclosures Show Husband’s Company Skyrocketed In Value Amid Minn. Fraud

Quote:A pair of companies owned by Tim Mynett, the husband of U.S. Rep. Ilhan Omar (D-Minn.), saw their reported valuations rise sharply in recent years, increasing more than twentyfold in less than a year, according to congressional financial disclosures. The growth has prompted questions about how the companies achieved such rapid gains.

The disclosures come as Minnesota faces ongoing investigations into alleged fraud involving government programs, with authorities estimating potential losses could exceed $9 billion.

Financial filings related to Omar’s assets indicate a significant increase in the reported value of Mynett’s business holdings since 2020, Fox News reported.

Omar reported a sharp increase in the value of Rose Lake Capital LLC, a firm co-founded by her husband, Tim Mynett, according to her 2024 congressional financial disclosure.

Omar listed the value of Rose Lake Capital at between $5 million and $25 million in 2024. In her 2023 disclosure, she reported the company’s value in the lowest category, between $1 and $1,000. Congressional disclosure forms require lawmakers to report assets in broad ranges rather than precise figures, but even under the most conservative assumptions, the reported valuation reflects a dramatic year-over-year increase.

Rose Lake Capital’s website describes the firm as facilitating work in deal-making, mergers and acquisitions, banking, politics, and diplomacy.

The company has listed several high-profile figures among its personnel, including Adam Ereli, a lobbyist who previously served as U.S. ambassador to Bahrain during the Obama administration. Archived versions of the website also indicate past involvement by former Sen. Max Baucus (D-Mont.), as well as former Democratic National Committee officials William Derrough and Alex Hoffman.

Mynett, Omar’s third husband, co-founded Rose Lake Capital in 2022.

Amid increased public scrutiny of Omar over large-scale fraud investigations in Minnesota and questions about whether she could have benefited indirectly, Rose Lake Capital has removed the names and biographies of its team members from its website. It is not clear whether any of the previously listed individuals remain affiliated with the firm.

Another company connected to Omar’s financial disclosures, ESTCRU LLC, also reported a sharp increase in valuation. The winery, registered in Santa Rosa, was listed as being worth between $1 million and $5 million in Omar’s 2024 disclosure, compared with an estimated value of $15,000 to $50,000 the previous year.

Despite the higher reported valuation, the company’s online portal for purchasing wine does not appear to be functional. The winery also shows little recent public activity, with its last social media post dated January 2023. Also, the phone number on the winery’s website is non-operational, Fox noted.

The couple’s growing wealth comes as state and federal authorities uncover vast fraud networks in Minnesota, many tied to Somali-run nonprofits in Omar’s district.

“This reeks of political privilege,” said Paul Kamenar of the National Legal and Policy Center. “Omar entered Congress broke and now she’s worth tens of millions while her husband’s firm erases its records. She owes voters an explanation.”

At the center of the scandal is Feeding Our Future, a nonprofit accused of siphoning pandemic aid funds meant for children. Federal prosecutors allege the money was diverted to luxury homes, cars, and overseas real estate.

Omar has not been charged, but three individuals convicted in the scheme donated to her campaign, including Salim Ahmed Said, the owner of Safari Restaurant, where she filmed a 2020 video praising the food program that later became a fraud hub. Another associate, Guhaad Hashi Said, worked for Omar’s campaign and pleaded guilty to stealing $3.2 million through a fake youth meal site.

FBI Director Kash Patel announced a “major expansion” of the bureau’s investigation into fraud across Minnesota. Patel said agents are targeting “large-scale schemes exploiting federal programs” and that the bureau has “already exposed a $250 million network tied to Feeding Our Future.”

In before the brain trust runs in and says this is all racist...

(02-06-2026 04:11 PM)CrimsonPhantom Wrote:  

Prison



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In a not terribly distant past, those guilty of these crimes would have been punished quickly and harshly.

(02-09-2026 03:40 PM)CrimsonPhantom Wrote:  

I support this. But I also think this should be a bipartisan affair. We need to know EVERYONE who is involved. Pelosi to McConnell and all the way down the list of the senate and house.

Quote: JUST IN: Ilhan Omar is getting BRUTALLY EXPOSED for her rapid net worth surge as soon as she got elected

"I was doing a bit of research into Tim Mynett, Ilhan Omar's husband's various businesses, and his investment firm, it has no known clients..." https://x.com/i/status/2020908655743250651/video/1

"...no known investment deals. It doesn't even have an active SEC registration, and his winery, which is also purportedly making him millions of dollars per year, has no online presence and has no marketable products available for purchase online."

"And, and get this, back in 2024, an investor into that winery actually sued Mynett his business partners, alleging, alleging that they had fraudulently misrepresented the winery as a legitimate business operation."

SHE HAS TO BE DEPORTED!

Republicans Introduce OMAR Act to Deal With Corruption in Congress

"SHE HAS TO BE DEPORTED!" CP

...but first she has to serve time in prison. Anyone remember that gay guy that sometimes comes out on Gutfeld, he served prison time, why can't she and her husband? Remember, their motto, "no one is above the law".

(02-10-2026 06:25 PM)olliebaba Wrote:  "SHE HAS TO BE DEPORTED!" CP

...but first she has to serve time in prison. Anyone remember that gay guy that sometimes comes out on Gutfeld, he served prison time, why can't she and her husband? Remember, their motto, "no one is above the law".

(02-09-2026 04:16 PM)miko33 Wrote:  

(02-09-2026 03:40 PM)CrimsonPhantom Wrote:  

I support this. But I also think this should be a bipartisan affair. We need to know EVERYONE who is involved. Pelosi to McConnell and all the way down the list of the senate and house.

unfortunately, it's 'chum' time vs. reality ...

I don't think a naturalized citizen should be eligible to run for Federal Offices. I don't care if they are Somalian or Norwegian, only natural-born citizens should be eligible. And END Birthright citizenship!

(12-28-2025 11:47 PM)b2b Wrote:  

(12-28-2025 06:27 PM)TripleA Wrote:  Somalis should be banned from public office in the US. Seriously.

Their national culture has no structure. They are essentially a nation of pirates.

**** that. We never should've let them here in the first place. That goes for all
Muslims.

Sent from my Pixel 7 using CSNbbs mobile app

Okay, you win. I'm good.

(02-10-2026 11:01 PM)ODUsmitty Wrote:  I don't think a naturalized citizen should be eligible to run for Federal Offices. I don't care if they are Somalian or Norwegian, only natural-born citizens should be eligible. And END Birthright citizenship!

Presidents have to be born here, why not all the rest of them.