A federal investigation has been launched into Rep. Ilhan Omar (D-MN) amid mounting questions about the radical Democrat lawmaker’s sudden explosion in seemingly unexplained wealth.
Omar is now facing intensifying federal scrutiny as House Republicans investigate how the far-left congresswoman and her family allegedly amassed millions of dollars in just one year.
Her net worth skyrocketed between 2024 and 2025 to levels far beyond a lawmaker’s salary while serving in Congress.
The development follows cataclysmic comments from House Oversight Committee Chairman Rep. James Comer (R-KY).
As Slay News reported, Comer recently warned that Omar sits “at the top of the suspect list” in the sprawling Somali fraud scandals involving taxpayer-funded daycare and healthcare programs in Democrat-controlled Minnesota.
The House Oversight Committee is now actively probing how Omar and her husband, Democrat consultant Tim Mynett, went from near financial collapse to an estimated net worth approaching $30 million in just one year, according to a new report from Fox News’s Jesse Watters and Kevin Corke.
Financial Disclosures Raise Red Flags
Congressional financial disclosures reviewed by Fox News in September show that Omar’s net worth ballooned to as much as $30 million in a single year.
The staggering increase has raised alarms on Capitol Hill.
A 2025 disclosure, first reported by the Washington Free Beacon, lists the couple’s net worth between $6 million and $30 million.
However, the unexplained surge emerged despite Omar previously insisting earlier in the year that she was “not a millionaire.”
The overwhelming majority of that wealth is tied to business ventures controlled by Mynett, including:
• Rose Lake Capital, a venture capital firm valued between $5 million and $25 million
• eStCru Wines, a California winery valued between $1 million and $5 million
Yet disclosures from the end of 2023 valued those same ownership stakes at just $51,000.
In addition, little growth was recorded through 2024, making the sudden explosion in value especially suspicious.
Omar responded to scrutiny over her finances last year by urging critics to “try checking my public financial statements.”
Fraud Scandal Context Intensifies Scrutiny
During a Fox News segment, Corke explained that Oversight investigators are examining Omar’s wealth surge in the context of the massive Somali social services fraud scandal that erupted in her Minnesota district.
Prosecutors say these schemes drained billions in taxpayer funds through daycare and healthcare programs.
Investigators are reportedly questioning whether political connections, influence, or inside access may have intersected with the financial windfall.
WATCH:
Advisors Quietly Scrubbed From Website
Adding to the concerns, Mynett’s venture capital firm has quietly erased key leadership information from public view.
According to a bombshell New York Post report, Rose Lake Capital, founded by Mynett in 2022, removed the names and biographies of nine top officers and advisers from its website between September and October 2025.
The sudden digital cleanup has only deepened suspicions among investigators.
Subpoena on the Table
Chairman Comer has now confirmed that Oversight Committee attorneys are weighing the extraordinary step of subpoenaing Omar’s husband over what lawmakers describe as deeply questionable and unexplained business activity.
As federal probes into Minnesota’s fraud scandals accelerate under the Trump administration, Omar’s financial dealings appear increasingly entangled in a widening investigation that Republicans say is long overdue.
READ MORE – Trump Blasts ‘Crooked Congressman’ Ilhan Omar: ‘She Never Had a Job’
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