Ilhan Omar has attributed a $30 million discrepancy in her congressional financial reports to a mere oversight, but her fellow legislators remain skeptical.
Critics highlight the Minnesota Democrat and her husband’s seemingly strategic financial maneuvers, where funds appear and vanish on paper just when needed.
According to House Oversight Committee Chair James Comer (R-Ky.), Omar might face felony charges if it turns out she misrepresented her finances.
The financial disclosures from Rep. Omar for 2024, submitted last year, initially indicated that her husband Tim Mynett’s enterprises were valued between $6 million and $30 million.
Recently, Omar clarified that their actual net worth is far from the reported tens of millions, asserting they possess under $100,000 collectively, as reported by the Wall Street Journal.
Her office explained to the publication that the misvaluation of Mynett’s businesses—a California winery and a Delaware-based venture capital firm—was an error attributed to their accountant.
When asked about the discrepancies by a Lindell TV reporter Wednesday, Omar retorted: “I think you’re stupid for asking me anything. I don’t want to tell you jack s–t. How about that?”
But Mynett’s track record in business and his finances raises plenty of questions, as he frequently swings between millions and bankruptcy.
Omar and Mynett were first financially linked when his political consulting firm, E Street Group LLC, was paid $2.9 million by her campaign between 2019 and 2020.
The business relationship sparked a romantic one, with Mynett “abruptly” demanding a divorce from Beth Jordan, his former wife and mother of their son.
Jordan, who had been with Mynett since 2006, claimed she was the “primary breadwinner” in their relationship and helped him set up his political consulting business.
“[Jordan] made very substantial monetary contributions to the acquisition, preservation and appreciation in value of the Parties’ estate,” divorce papers between them state.
The court papers also say that in 2019, when he began dating Omar, Mynett began threatening “not to pay for his share of their joint financial responsibilities, conveniently asserting after their separation that he is nearly broke, and his business is floundering.”
Jordan did not return a request for comment.
E Street Group, run by Mynett and a partner, ceased operation in 2021 after its trade name was canceled in November of that year.
Omar reported her spousal income was between $100,000 to $1 million in 2020 and 2021.
Mynett then started various new businesses: eSt Ventures, Badlands Fund GP, Badlands Ventures and venture capital firm Rose Lake Capital LLC, as well as eStCru, a winery.
Most of those companies included his business partner, Will Hailer. One deal they did with a group of South Dakota marijuana farmers went bad, and they ended up suing over fraud and breach of contract. That suit was settled for $1.2 million, which was paid, according to a source.
One of the people involved in the lawsuit told The Post this week that he is willing to testify in a House investigation if he is subpoenaed.
The person, who had partnered with Hailer and Mynett, said he was “shocked” they were recently able to come up with more than $1 million to settle the suit, after pleading poverty in earlier court filings, he alleged.
“I would love to know what happened to the whole deal, and why assets were inflated on the disclosures,” said the former business partner. “Maybe they were trying to make his companies look good to potential investors.”
Lawyers for the pair told Fox News Digital of their various legal cases: “Any disputes with these parties have been settled with cases dismissed with prejudice (can not be brought again).”
Rose Lake Capital focused on mergers and acquisitions around the world, according to online descriptions of the firm.
In her 2023 financial disclosures, Omar reported spousal income of $201-$1,000 from eStCru and $15,0001-$50,000 from Rose Lake Capital.
However, the group is now defunct. A February Freedom of Information request for filings from the Securities and Exchange Committee (SEC) conducted by government watchdog National Legal and Policy Center (NLPC) concluded that “no responsive records exist” for the company. The company’s website shows a collage of images but has no other information.
Mynett’s winery was hit with several fraud allegations and lawsuits from investors, according to a 2024 report in the Minnesota Reformer. Former employees also told the newspaper that they hadn’t been paid.
Despite that, a 2025 email between Omar’s husband and his accountant, cited by the WSJ, claimed Rose Lake is valued at $7.9 million and the winery — eStCru — is worth a $1.5 million. Mynett owns roughly a third of both businesses, according to tax documents, the newspaper reported.
Spokespeople for Omar and Mynett did not return The Post’s requests for comment.
Omar’s amended filing for 2024 now shows the couple’s joint assets at between just $18,004 and $95,000, according to the Wall Street Journal. That makes their net worth at most about half of Omar’s $174,000 congressional salary.
The amended disclosures show Omar has up to $100,000 in student and credit card debt.
Her office has said valuations of Mynett’s winery in California and Rose Lake Capital were made in error, and blamed their accountant.
“As the busiest of people, it is very common for members and their spouses to rely on learned professionals like accountants … While the error is of course unfortunate, there is nothing untoward and nothing illegal has occurred,” said a letter from a Washington DC law firm representing Omar to the Office of Congressional Conduct (OCC), an independent ethics group which investigates allegations of misconduct among House lawmakers and staff.
Meanwhile, the group which first alerted the Office of Congressional Conduct about Omar’s “misleading disclosures” last year is demanding she reveal her personal income tax filings to reveal her true finances.
“Her tax returns should be examined as well as a full audit conducted,” said Paul Kamenar, counsel for NLPC, a conservative think tank based in Virginia.
Kamenar told The Post he is hoping the House Committee on Ethics will now take up an investigation.
