
"Rep. Ilhan Omar (D-MN) is once again under fire this time because her husband Tim Mynett's $25 million venture capital firm, Rose Lake Capital, purged key officer details amid growing questions about the couple's wealth and Minnesota's ongoing welfare fraud investigations. According to her latest financial disclosure in May, the couple's net worth surged 3500% in just one year; their net worth is now anywhere from $6 million to $30 million. The venture capital firm alone, per the filing, is worth between $5 million-$25 million."
"The New York Post was the first outlet to report Mynett's firm scrubbed names on Saturday. There's a lot of strange things going on, Paul Kamenar, counsel to the National Legal and Policy Center, told the Post. 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. Rose Lake Capital allegedly had less than $1,000 in assets in 2023, according to the financial disclosure for that year"
"Between September and October, nine officer and advisor details were removed from the site, including former Obama officials, according to the NYP. These names include former Obama Ambassador to Bahrain Adam Ereli; former Obama Ambassador to China Max Baucus; DNC Finance Chair associate Alex Hoffman; former DNC treasurer William Derrough and former ex-CEO of Amalgamated Bank Keith Mestrich, per the New York Posts findings."
Ilhan Omar's husband, Tim Mynett, is linked to Rose Lake Capital, a venture firm that removed officer and advisor names amid questions about the couple's sudden wealth and state fraud probes. A May financial disclosure shows the couple's net worth rose about 3500% in one year, now reported between $6 million and $30 million, with Rose Lake valued at $5 million–$25 million. The New York Post reported nine officer and advisor details were removed, including several former Obama officials. Rose Lake reportedly had under $1,000 in assets in 2023, prompting scrutiny. Minnesota welfare fraud investigations have accused ninety people, three with alleged ties to Omar, though no charges have been filed against her. Some scrutiny stems from policy reforms tied to pandemic-era reimbursement rules, such as the MEALS Act.
Read at www.mediaite.com
Unable to calculate read time
Collection
[
|
...
]