Ilhan Omar's husband scrubs details of venture capital firm's officers amid Minnesota fraud probe

 December 28, 2025

Hold onto your wallets, folks—Rep. Ilhan Omar’s husband, Tim Mynett, seems to be playing a high-stakes game of hide-and-seek with his venture capital firm’s website amid a massive welfare fraud investigation in Minnesota.

The story boils down to this: Mynett’s Rose Lake Capital, valued between $5 million and $25 million per Omar’s latest financial disclosure, has scrubbed key officer names from its online presence while questions swirl about the couple’s skyrocketing wealth and ties to Minnesota’s welfare fraud mess, as Mediaite reports.

Let’s start at the beginning with Rep. Ilhan Omar (D-MN), who has found herself in hot water over her husband’s business dealings.

Rose Lake Capital’s Mysterious Makeover

Rose Lake Capital, once a barely-there entity with under $1,000 in assets as reported in Omar’s 2023 financial disclosure, somehow ballooned to a multi-million-dollar operation in just a year.

That’s a staggering 3500% surge in the couple’s net worth, now estimated between $6 million and $30 million, which naturally raises eyebrows about where all this cash came from.

Adding fuel to the fire, the New York Post reported that between September and October, nine officer and advisor names vanished from the firm’s website.

Who’s Missing from the Roster?

Among those erased from Rose Lake Capital’s digital footprint are heavy hitters like former Obama Ambassador to Bahrain Adam Ereli and former Obama Ambassador to China Max Baucus.

Other names scrubbed include DNC Finance Chair associate Alex Hoffman, former DNC treasurer William Derrough, and ex-CEO of Amalgamated Bank Keith Mestrich—quite the crew to suddenly disappear from public view.

One can’t help but wonder if this digital cleanup is just a coincidence or a calculated move to dodge scrutiny.

Welfare Fraud Shadows Loom Large

Meanwhile, Minnesota is grappling with a welfare fraud scandal of epic proportions, with 90 individuals accused—and many convicted—of siphoning off hundreds of millions of taxpayer dollars.

Three of those implicated allegedly have ties to Omar, though she hasn’t been charged with any wrongdoing herself.

Critics point fingers at policies Omar has championed, like the MEALS Act, which eased federal oversight on meal program reimbursements during the COVID-19 crisis, arguing it opened the door to exploitation.

Omar Defends Record

When pressed on whether she regrets backing the MEALS Act or believes it contributed to fraud, Omar didn’t flinch, stating, “Absolutely not. It did help feed kids.”

While feeding children is a noble goal, one might question if waving away oversight was the best way to achieve it, especially when millions of dollars meant for the vulnerable seemingly vanished into thin air.

Then there’s the matter of transparency, or the lack thereof, as Paul Kamenar, counsel to the National Legal and Policy Center, put it: “There’s a lot of strange things going on. 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.”

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