Ilhan Omar's husband's firm scrubs names amid Minnesota fraud probe

By 
 December 30, 2025

Rep. Ilhan Omar’s (D-MN) husband’s venture capital firm just pulled a disappearing act with its leadership roster amid a massive fraud scandal in Minnesota, Breitbart reported

In a nutshell, Tim Mynett’s Rose Lake Capital erased the names of nine officers and advisors from its website as federal prosecutors charged eight more individuals in a billion-dollar welfare fraud scheme tied to Minnesota’s Somali community, while scrutiny mounts over Omar’s ties to implicated parties and her family’s skyrocketing wealth.

Let’s rewind to 2022, when Tim Mynett, husband of Rep. Ilhan Omar (D-MN), launched Rose Lake Capital.

Rose Lake Capital’s Sudden Financial Rise

Fast forward, and the firm’s value reportedly ballooned from nearly zero to somewhere between $5 million and $25 million.

That kind of growth in a short span raises questions about whether every deal was above board.

Such rapid success in the venture capital world often invites skepticism, especially when political ties are in the mix.

Website Cleanup Amid Fraud Charges

Then, between September and October, Rose Lake Capital quietly scrubbed its website of nine officers and advisors’ names and bios.

This digital vanishing act happened just as federal prosecutors announced charges against eight individuals, six of Somali descent, in a welfare fraud case dubbed “the largest fraud of the pandemic.”

The timing feels like a slick move to dodge unwanted attention, even if none of the removed names faced charges.

Prominent Names Erased from View

The scrubbed list includes big players like Adam Ereli, a lobbyist and former Obama ambassador, Max Baucus, an ex-senator and Obama-era ambassador, and Keith Mestrich, former CEO of Amalgamated Bank.

Mestrich once called Amalgamated “the institutional bank of the Democratic Party,” a label that doesn’t exactly ease concerns about political entanglements in this mess (Keith Mestrich, as cited in provided data).

Removing such connected figures from public view only fuels speculation about what’s really going on behind closed doors.

Omar’s Wealth and Fraud Ties Scrutinized

Meanwhile, Breitbart News reported Omar’s net worth jumped from $51,000 to $30 million in one year, a claim she disputes, though the New York Post links the surge to Mynett’s ventures, including Rose Lake Capital and a winery.

Critics also highlight Omar’s alleged connections to groups and individuals tied to the fraud, including events she hosted at Minneapolis’ Safari Restaurant, whose owners, Salim Said and Aimee Bock, were convicted in the $250 million Feeding Our Future child food aid scam.

On top of that, Rep. Randy Fine (R-FL) has called out Minnesota Gov. Tim Walz, declaring he “should be in jail” over the fraud debacle, adding more heat to an already boiling controversy (Rep. Randy Fine, as cited in provided data).

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