Nostra
Diamond Member
- Oct 7, 2019
- 90,660
- 82,413
- 3,615
Hmmmmm.....................
Ilhan has some 'splainin to do.
Omar disclosed 2024 evaluations of Rose Lake Capital LLC, a business firm co-founded by her husband, at somewhere between $5 million and $25 million in 2024. Just one year before, in 2023, she reported that the same company’s value was between $1 and $1,000.
Congressional disclosures, categorized in ranges of value, don’t provide the precise details of how much a member’s holdings are worth. Even so, assuming the smallest possible change year over year, Rose Lake Capital's evaluation has climbed thousands of times in just one year.
According to Rose Lake Capital’s website, the company facilitates deal-making, mergers and acquisitions, banking, politics and diplomacy.
The company roster of employees included an impressive cast of figures like Adam Ereli — a lobbyist and former ambassador to Bahrain under the Obama administration. According to previous versions of the website accessible on an internet archive, the company also brought in former Sen. Max Baucus, D-Mont., and a pair of former associates from the Democratic National Committee (DNC): William Derrough, the former treasurer for the DNC, and Alex Hoffman, a previous chief of staff to the national finance chair.
Mynett, Omar’s third husband, co-founded the company in 2022.
With mounting public pressure on Omar surrounding multi-billion fraud schemes in Minnesota — and questions about whether the congresswoman could have benefited from them — the company has since stripped its website of all its team member names and bios. It’s unclear if any of them remain affiliated with the company.
www.foxnews.com
Ilhan has some 'splainin to do.
Omar disclosed 2024 evaluations of Rose Lake Capital LLC, a business firm co-founded by her husband, at somewhere between $5 million and $25 million in 2024. Just one year before, in 2023, she reported that the same company’s value was between $1 and $1,000.
Congressional disclosures, categorized in ranges of value, don’t provide the precise details of how much a member’s holdings are worth. Even so, assuming the smallest possible change year over year, Rose Lake Capital's evaluation has climbed thousands of times in just one year.
According to Rose Lake Capital’s website, the company facilitates deal-making, mergers and acquisitions, banking, politics and diplomacy.
The company roster of employees included an impressive cast of figures like Adam Ereli — a lobbyist and former ambassador to Bahrain under the Obama administration. According to previous versions of the website accessible on an internet archive, the company also brought in former Sen. Max Baucus, D-Mont., and a pair of former associates from the Democratic National Committee (DNC): William Derrough, the former treasurer for the DNC, and Alex Hoffman, a previous chief of staff to the national finance chair.
Mynett, Omar’s third husband, co-founded the company in 2022.
With mounting public pressure on Omar surrounding multi-billion fraud schemes in Minnesota — and questions about whether the congresswoman could have benefited from them — the company has since stripped its website of all its team member names and bios. It’s unclear if any of them remain affiliated with the company.
Ilhan Omar disclosures show husband’s companies surged in value as Minnesota reels from $9B fraud
Disclosures show that companies owned by the husband of Rep. Ilhan Omar surged in value, from under $1,000 to up to $25 million, as investigations into Minnesota fraud continue.
www.foxnews.com
