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Monday, December 29, 2025

Omar faces investigation after outrage over massive wealth gains and aid fraud in Minn.

 A conservative watchdog is scrutinizing Rep. Ilhan Omar’s finances as outrage mounts over the massive fraud scandal engulfing her home state of Minnesota and questions about her rapid wealth gains.

Peter Flaherty, who chairs the National Legal and Policy Center (NLPC), told The Post that his team is “certainly looking” at Omar (D-Minn.).

The revelation comes days after The Post reported that her husband’s venture capital firm quietly scrubbed key officer details amid questions about her sudden surge in wealth.

Within about a year, Omar’s net worth mysteriously shot up to $30 million, a roughly 3,500% increase relative to 2023, according to her financial disclosures.

Rep. Ilhan Omar (Minn. D) is facing an investigation over her personal wealth gains during her time in Congress, and aid fraud in her state.Getty Images
Rep. Brian Babin (R-TX) said “Minnesota became a fraud factory.”Getty ImagesThe gains largely came from her husband, Tim Mynett’s businesses, including a California winery and his venture capital management firm Rose Lake Capital, headquartered in Washington, DC.

Rose Lake Capital’s value jumped from nearly zero in 2023 to between $5 million and $25 million in just a year, The Post previously reported.

Additionally, the firm bragged about its officers managing some’ $60 billion in “previous” assets.

Recently, the names and bios of Rose Lake Capital’s nine officers were removed from LinkedIn, raising questions about why.

Mynett’s winery business, which faced fraud allegations previously, also saw its estimated value explode between $1 million and $5 million in 2024, according to Omar’s financial disclosures.

Further fueling the recent questions about Omar’s personal finances is the massive Feeding Our Future fraud scandal plaguing her home state, in which some hundreds of millions of dollars were fleeced from taxpayers.

Omar has publicly faulted the rush to push out social benefits during the COVID-19 pandemic and the lack of guardrails for the scandal.

Omar (L) leaves a closed door meeting with lawmakers on Capitol Hill on December 16, 2025 in Washington, DC.Getty Images

“I just think that a lot of the COVID programs were set up so quickly that a lot of the guardrails did not get created,” she told CNN earlier this month.

Conservative critics have demanded a more thorough investigation into both Omar and Minnesota Gov. Tim Walz’s (D) handling of the fraud scandal.

“On Walz’s watch, Minnesota became a fraud factory, aided and defended by allies like Ilhan Omar. Investigate everything,” Rep. Brian Babin (R-Texas) posted on X.

“Prosecute everyone involved.”

https://nypost.com/2025/12/29/us-news/ilhan-omar-faces-investigation-after-outrage-over-massive-wealth-gains-and-aid-fraud-in-minnesota/

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