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Democratic “squad” Rep. Ilhan Omar needs to be investigated for filing “misleading disclosures” to congress regarding her husband’s $30m net worth, according to a government watchdog.
The National Legal and Policy Center, a conservative nonprofit based in Virginia, wants the Office of Congressional Conduct to “immediately” investigate Omar’s disclosures which showed her third husband Tim Mynett’s assets explode in worth from 2023 to 2024, according to the complaint.
According to paperwork she filed to congress, Mynett went from being worth just over $51,000 one year to nearly $30 million the next.
“The information in Omar’s financial disclosures, and her public statements about her finances, are simply implausible. There needs to be a real investigation,” said NLPC chairman Peter Flaherty.
In 2023 filings Omar reported under “Schedule A: Assets and ‘Unearned’ Income” the value of her husband’s company eStCRU LLC, a winery in Santa Rosa, Calif., was between $15,000 and $50,000. Another company which he had holds an ownership stake in, Washington DC-based venture capital firm Rose Lake Capital, ranged between $1 and $1,000.
In 2024, eStCRU LLC was apparently worth up to $5 million and Rose Lake Capital LLC had jumped to $25 million in value, according to her disclosures.
Flaherty’s group has filed several ethics complaints against the Congresswoman over the last few years, he said.
Omar, 43, has said the value of the assets “reflect the full cost assessment of the businesses in which my husband is one of several partners and does not reflect his individual share.”
Mynett and Omar did not respond to requests for comment from The Post.
Testimony from Mynett’s business partner, Will Hailer, Rose Lake Capital’s CEO, would seem at odds with her reported valuations.
He testified under oath in a November 2024 bankruptcy case that the business was worth almost nothing, and had no assets under management.
Under examination from a lawyer he agreed the company was worth under $1 million, and said he “couldn’t tell you” when asked if it was less than $500,000.
Asked for the largest investment the firm ever made, Hailer said “we haven’t made financial investments with our own capital, so the answer would be zero.”
He said the largest deal Rose Lake ever made was “less than $10 million,” and added he was a “managing member” of the EStCru wine company “that is in the process of being shut down.”
eSTCRU is currently involved in litigation with an investor, Naeed Mohd, a Washington DC-area restaurateur who claimed in court papers the partners had “fraudulently misrepresented” that eSTCRU was a legitimate company.
Mynett and Hailer are former Democratic party operatives who met while working for now Minnesota Attorney General Keith Ellison.
Omar’s campaign paid another of Mynett’s companies, E Street Group, $2.8 million in disbursement between 2019 and 2020, public documents show.
Meanwhile, NLPC also alleges Omar violated the House Code of Official Conduct when she encouraged Somali-born constituents to stonewall federal investigators probing social services fraud in her home state in a social media post.
Fraudsters, many of them in the Somali community in Minnesota, may been found to have stolen more than $9 billion in taxpayer funds earmarked for social services in the state.
NLPC also claimed that Omar urged her constituents not to comply with federal law enforcement. The group pointed to a video posted on social media in which she says, “I advise the Somalian people that if [Immigration and Customs Enforcement] ICE attempts to question you, you are not obligated to answer their questions, just say that you were advised by a lawyer not to answer their questions.”
The group claims that statement was in violation of the House Code of Conduct which states “a member, delegate, resident, commissioner, officer or employee of the House shall behave at all times in a manner that shall reflect creditably on the House.”
Explaining how the statement could have repercussions, Paul Kamenar, counsel to NLPC who drafted the complaint said: “She’s facing possible criminal charges as well for advising illegal Somali immigrants to lie to ICE agents.”
Kamenar told The Post he had also filed the complaint with the Criminal Division of the Justice Department.
House Oversight Committee Chairman Rep. James Comer (R-Ky.) as also previously launched a probe of Omar, and demanded business records from Mynett, because his companies “disclose little publicly.”
“There are serious public concerns about how your businesses increased so dramatically in value only a year after reporting very limited assets.
“Further, after these reports about financial trouble and alleged fraud, the Committee has serious questions about how eStCru’s valuation increased by up to $5 million in a single year,” said Chairman Comer.
Comer has since expanded his investigation to look beyond the US at Mynett’s failed business ventures and include places such as Somalia, Kenya and the United Arab Emirates.
Mynett has until Feb. 19 to respond to the request.
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