Ilhan Omar & Husband’s “Sketchy” Investment Firm Appears to Be a FRAUD — “No Records, No Clients”

[Conservative Angle]

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The investment firm belonging to Rep. Ilhan Omar’s husband Tim Mynett is once again under fire for (alleged) fraud.

We already know that the firm, Rose Lake Capital, miraculously ballooned from being worth next to nothing to around $30 million in just a few years.

But now, Forbes chairman Steve Forbes just revealed something even more shocking.

According to Forbes, there is absolutely no record of the investment firm managing money — or even having any clients!

He says that the whole thing appears to be a giant money laundering scheme.

Watch this very enlightening clip from Fox News:

Steve Forbes, chairman and editor-in-chief of Forbes, says Ilhan Omar and her husband are running a money laundering operation

Ilhan Omar’s husbands investment firm was looked into, THERE IS NO RECORDS OF THEM MANAGING MONEY, “NO CLIENTS”

“His investment firm — It’s DC… pic.twitter.com/NPhJWb4bZ5

— Wall Street Apes (@WallStreetApes) January 30, 2026

Steve Forbes, chairman and editor-in-chief of Forbes, says Ilhan Omar and her husband are running a money laundering operation

Ilhan Omar’s husbands investment firm was looked into, THERE IS NO RECORDS OF THEM MANAGING MONEY, “NO CLIENTS”

“His investment firm — It’s DC headquarters appear to share office space at a WeWork. There’s no track record of his firm managing money, doing M&A deals, no clients we see, no investment deals or any work it’s done.

They say they do work in 80 nations operating in. There’s no SEC registrations for them as investment advisers. What is going on here?

This increasingly looks sketchy, both the winery and his investment firm. Yeah, the winery may not exist and the firm may be just a really a name only”

“It’s amazing how people can go into Congress and then become these entrepreneurial investing geniuses, where they come in, she had under $1,000 of net worth, and her husband didn’t have much, and suddenly now they’re multimillionaires. Is there a money laundering operation here — something is not right”

“That $30 million came from sources that are illegal, period”

Wow.

No wonder Omar has resorted to (allegedly) staging attacks on herself.

She wants to people to be too distracted to look into all this evidence of potential fraud happening behind the scenes.

But, it’s not working.

On Monday, President Trump confirmed that Ilhan Omar is under investigation by the DOJ.

She is also facing an investigation in Congress.

The New York Post has more:

President Trump confirmed Monday that the Department of Justice and Congress are investigating “Squad” Rep. Ilhan Omar’s skyrocketing net worth — after The Post revealed House Republicans would be taking a look at the Minnesota Democrat and her investor husband’s finances.

The president — who has previously called for Omar to be jailed or deported to her birth country of Somalia — revealed the federal and congressional inquiries after dispatching border czar Tom Homan to ease tensions in Minnesota related to Saturday’s fatal shooting of ICU nurse Alex Pretti by a federal immigration officer.

Trump, 79, noted the Land of 10,000 Lakes was already being probed for “welfare fraud” — but Omar, “who left Somalia with NOTHING” and is now worth tens of millions of dollars, according to her congressional financial disclosures, would also be put under investigation…

House Oversight Committee Chairman James Comer (R-Ky.) previously told The Post that his panel was weighing a subpoena for Omar and her husband, Tim Mynett, who has had several lucrative businesses.

The Republican chairman acknowledged he expects fierce pushback from both Omar and Mynett in the courts, as he and Oversight investigators seek to uncover what caused the “big spike” in the far-left pol’s assets.

Mynett’s investment firm, Rose Lake Capital, had only $42.44 in its bank account as of 2022, per court filings as part of a lawsuit filed in South Dakota against a related company.

Omar’s 2024 House financial disclosures, however, show Rose Lake Capital was worth up to $25 million.

The Democrat has not disclosed a personal ownership stake in the firm, though spouses’ assets must be listed in the congressional disclosures.

Other filings about Mynett’s additional business ventures — including a winery and pot farm that he has since abandoned — brought the couple’s total net worth to between $6 million and $30 million.

“Somebody’s going to find out,” Comer has said of the surging asset values. “It’s either going to be my committee or the Ethics Committee.”

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