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Michele White
Michele is an award-winning journalist. She has reported and anchored on local television stations and written for newspapers and magazines for two decades.
US Representative Ilhan Omar’s (D-MN) husband, Timothy Mynett, reportedly saw the value of his businesses grow from $51,000 to $30 million in a single year. But where did that money come from – and what did it buy? Those are the questions House Oversight and Government Reform Committee Chair James Comer (R-KY) wants answered. On the morning of Friday, February 6, Rep Comer posted on his X page a copy of a letter requesting financial records and by that evening the post had more than half a million views, 23,000 likes, and 2,600 comments. It has been shared more than 7,300 times, including by Sean Hannity and Benny Johnson.
“I’m demanding financial information from companies linked to Minnesota Rep Ilhan Omar’s husband,” Comer wrote. “His companies reportedly went from $51K to $30 MILLION in one year — with zero investor information. So we want to know: Who’s funding this? And who’s buying access?”
In the letter, also attached to a press release, Comer announced the committee was “investigating widespread fraud in Minnesota’s social services programs” and then stated the basis for his request for records:
Financial disclosure forms, filed by your wife Representative Ilhan Omar of Minnesota, show eStCru LLC and Rose Lake Capital LLC, which you hold ownership stakes in, went from being worth as much as $51,000 in 2023 to as much as $30 million in 2024. 1 Given that these companies do not publicly list their investors or where their money comes from, this sudden jump in value raises concerns that unknown individuals may be investing to gain influence with your wife. 2 Media reports further suggest that you may have raised money from investors using misleading information, meaning some of those funds may have been obtained improperly. 3 As a result, the committee requests documents and communications related to the finances of eStCru LLC (eStCru) and Rose Lake Capital LLC (Rose Lake Capital).
“In 2021, Mr Mynett allegedly promised a DC-area investor a 200 per cent return on $300,000 in eStCru, plus interest, but did not repay the funds until sued for fraud in 2023,” the press release explains.
Media reports indicate eStCru faced financial trouble in 2023, raising concerns about how its valuation substantially increased. Rose Lake Capital, identified as a venture capital firm in Rep Omar’s 2024 financial disclosure, has also seen a significant rise in value. The firm discloses little publicly and, although it once highlighted prominent advisors, current information about its employees, assets, and investors is unavailable.
Financial Disclosure of Ilhan Omar
Comer stated in the letter that Omar’s 2023 Financial Disclosure Report, which was filed on May 14, 2024, lists stake in her husband’s winery eStCru with a value between $15,001 and $50,000, and a stake in Mynett’s venture capital management firm Rose Lake Capital, which was listed as being worth between $1 and $1,000. Comer says Omar lists various retirement accounts, as well, making the “combined total listed assets worth no more than $208,000.”
But, Comer says, Omar’s 2024 Financial Disclosure Report, filed on May 14, 2025, lists a stake in the winery that is worth between $1,000,001 and $5,000,000, and a stake in Rose Lake Capital worth between $5,000,001–$25,000,000. Comer stated these listings make the couple’s assets “potentially worth more than $30 million, an increase of more than 140 times in just one year.”
Comer says there are “serious public concerns” about how the values of these businesses “increased so dramatically” one year after reporting “very limited assets.”
Records Requested
The Oversight Committee is asking for records from January 1, 2020, to present as soon as possible but not later than February 19. The records requested include audited financial statements of the fiscal years ending after January 1, 2020, to the latest audited fiscal year for both businesses and all related communications and documents. The committee is also requesting all filings, documents, and communications between both of Mynett’s businesses and the Securities and Exchange Commission (SEC) and any other federal and/or state regulatory agencies. Lastly, the committee requested: “All documents and communications related to travel by anyone affiliated with Rose Lake Capital LLC or eStCru LLC to the United Arab Emirates, Somalia, or Kenya, or travel undertaken to solicit business connected to those countries. This includes the dates of travel, the individuals who traveled, and the stated purpose of each trip.”
The investigation comes while the FBI is investigating an alleged attack on the Minnesota Congresswoman that occurred last month, the Department of Justice’s investigation into widespread welfare fraud in Minnesota – predominantly in the Somali community – and allegations that Omar may have been complicit.
In 2024, Joe Biden’s Department of Justice reportedly opened an investigation into Omar’s finances and “interactions with a foreign citizen,” according to a report by the New York Times, but that probe supposedly ended for lack of evidence. President Trump alluded to a Justice Department and congressional investigations into Omar on January 26 in his post on Truth Social.
Omar did not post anything on social media in response to Comer’s news release and X posting of the letter to her husband. The embattled Minnesota congresswoman was born in Somalia. Her family reportedly fled when Omar was a child and moved to the United States when she was 12 years old. Omar was elected to Congress in 2018.
This article was originally published by Liberty Nation News.