Progressive Congresswoman Ilhan Omar’s husband, Timothy Mynett, is under investigation after she reported a dramatic rise in the value of their family-owned businesses within just one year.

The probe was announced on Friday by House Oversight Committee Chairman James Comer, a Republican, who will examine the financial activities of Mynett, known for his work as a political consultant and entrepreneur.

In a formal request, Comer has sought detailed financial records from Mynett concerning his business ventures, Rose Lake Capital LLC, a consulting firm, and eStCru LLC, a wine company where Omar holds a financial interest.

Omar’s federal financial disclosures reveal that the valuation of Rose Lake Capital surged from a range of $51,000 to $250,000 in 2023 to a staggering $5 million to $25 million by 2024.

This substantial increase, with the minimum possible rise being 1,900 percent from $250,000 to $5 million, has raised eyebrows regarding the firm’s rapid growth within a year.

Similarly, eStCru LLC experienced a significant leap in value, jumping from $15,000 to $50,000 in 2023 to between $1 million and $5 million in 2024, marking another 1,900 percent increase.

‘I’m demanding financial information from companies linked to Minnesota Rep. Ilhan Omar’s husband (Mynett),’ Comer posted on social media on Friday.

‘His companies reportedly went from $51K to $30 MILLION in one year — with zero investor information. So we want to know: Who’s funding this? And who’s buying access?’

Tim Mynett with his wife Congresswoman Ilhan Omar in 2023

Tim Mynett and Ilhan Omar with their family in 2024

Omar and Mynett’s businesses ballooned in value between 2023 and 2024, growing by at least millions of dollars in a single year, according to the Democrat’s financial disclosures

If Comer’s figures are correct and Omar’s family business shot up in value from $51,000 to $30 million, that would represent a 58,723 percent increase in a single year.

The probe comes as President Donald Trump has alleged that up to $19 billion was stolen fraudulently from public service contracts in Minnesota. 

The DOJ, FBI, IRS, Department of Homeland Security and the House Oversight Committee are all investigating fraud in the state. 

The president and the Department of Justice have noted how many fraud schemes were perpetuated by Somalis, who have a large diaspora in the state. Omar, born in Somalia, is the first Somali American to serve in Congress. 

‘According to Rose Lake Capital’s website, it is staffed by five former diplomats who have experience in over 80 countries and involvement in 11 free trade agreements,’ Comer noted in his letter. 

‘However, the website does not name specific employees or advisors and no asset portfolio information. As a result, the Committee requests documents and communications related to the finances of eStCru LLC and Rose Lake Capital LLC.’

Mynett’s wine company has been hit with negative headlines alleging fraud in the past. 

‘US Rep. Ilhan Omar’s husband accused of swindling investor in their California winery,’ reads a 2024 headline from the Rhode Island Current. 

Omar has been accused by President Donald Trump of being a ‘scammer’ 

The president has alleged that at least $19 billion was fraudulently stolen in Minnesota

Minnesota Governor Tim Walz, a former VP candidate, dropped his gubernatorial re-election campaign shortly after Trump announced a fraud crackdown in the Democrat-led state

Omar, now the subject of an inquiry into her family’s finances, has been a frequent target of the Trump administration. 

‘“Scammer” Ilhan Omar and her absolutely terrible friends from Somalia should all be in jail right now or, far worse, send them back to Somalia,’ Trump posted on social media over the weekend. 

Trump has also slammed Minnesota Governor Tim Walz for corruption after the Democrat dropped his re-election campaign shortly after federal fraud investigations began in the state. 

‘“Governor” Waltz is either the most CORRUPT government official in history, or the most INCOMPETENT,’ Trump wrote in the same post.