Ilhan Omar's wealth scandal takes a turn just one day after raid of her DC home
U.S. Attorney Jeanine Pirro revealed Tuesday that her office is investigating Rep. Ilhan Omar's financial disclosures, opening a new chapter in the controversy surrounding the Minnesota Democrat's previously reported multimillion-dollar assets.
Speaking on Fox News' "America Reports," Pirro said her office was examining Omar's financial disclosures, which previously showed that the reported value of businesses tied to her husband, Tim Mynett, had surged from as much as $51,000 in 2023 to as much as $30 million in 2024.
The latest development comes one day after federal agents searched Omar's Washington, D.C., home as part of an ongoing criminal investigation involving her immigration paperwork, two sources familiar with the probe told Fox News Digital.
The Justice Department confirmed that Homeland Security Investigations (HSI) agents executed a judicially authorized search warrant Monday as part of an ongoing federal criminal investigation. It remains unclear whether the search is connected in any way to the financial disclosure investigation described by Pirro.
The disclosures drew scrutiny from congressional Republicans, including House Oversight Committee Chairman James Comer, R-Ky., who requested financial records from two companies tied to Mynett in February.
The original filings, examined by Fox News Digital earlier this year, showed millions of dollars in newly reported assets associated with two of Mynett's business ventures — a California-based winery and a Washington, D.C.-based venture capital firm.
ILHAN OMAR NOT OUT OF THE WOODS DESPITE FINANCIAL DISCLOSURE REVISION, TOP REPUBLICAN WARNS
The winery, eStCru LLC, saw its reported valuation jump from between $15,000 and $50,000 in 2023 to between $1 million and $5 million in 2024. Rose Lake Capital LLC showed an even sharper increase, rising from a reported value of between $1 and $1,000 in 2023 to between $5 million and $25 million the following year.
Combined, the businesses had reported values ranging from approximately $15,000 to $51,000 in 2023, compared with between $6 million and $30 million in 2024.
Financial disclosure forms report assets in broad ranges rather than exact dollar amounts, meaning the filings did not establish the couple's precise net worth.
In February, Comer requested documents and communications related to the finances of eStCru LLC and Rose Lake Capital LLC, raising questions about the dramatic increase in their reported valuations.
Omar subsequently amended her financial disclosures in April, reducing the couple's combined reported assets to between $18,004 and $95,000. The revised filing listed her husband's two businesses as having no net value after accounting for liabilities.
Omar's office, at the time, said the original disclosures had failed to properly account for liabilities associated with her husband's businesses, creating what it described as a misleading picture of the couple's finances.
The congresswoman has repeatedly maintained that she is not a millionaire.
In September, the Office of Congressional Conduct voted 5-1 to recommend that the House Ethics Committee dismiss misconduct allegations stemming from the financial disclosures.
The congressional watchdog found there was not substantial reason to believe Omar had reported false or incomplete information in violation of federal law or House rules.
Omar's office characterized the findings as vindication, maintaining that the congresswoman had done nothing wrong.
The congressional watchdog's review is separate from the federal investigation described by Pirro on Tuesday.
Omar's latest annual financial disclosure, filed in May, listed assets totaling between approximately $20,000 and $125,000, according to a Minnesota Star Tribune analysis. The filing also reported student loan and credit card debt associated with her husband.
The Somali-born congresswoman has denied allegations of wrongdoing and has accused the Trump administration of targeting her for political reasons — especially after Monday's raid of her Washington, D.C., residence.
The Minnesota Democrat has been a frequent target of criticism from President Donald Trump and congressional Republicans.