While federal investigators continue to investigate allegations of sweeping fraud and corruption across Minnesota, “Squad” Rep. Ilhan Omar (D-MN) has suddenly found herself knee deep in a new, explosive fraud scheme aimed at defrauding state taxpayers.
According to new reports, Omar’s latest federal financial disclosures show millions of dollars in newly reported assets tied to her husband’s businesses, representing a massive increase compared to previous years’ listings.
The disclosures, filed as part of Congress’ annual financial reporting requirements, come as Omar has publicly denied being a millionaire, labeling such characterizations “ridiculous.”
Despite her ongoing denial of personal wealth, the sudden appearance of the assets at high valuations has raised questions about Omar and her husband’s business holdings and prompted President Donald Trump to call for a Department of Justice investigation into the couple’s shared wealth.
Two of her husband’s business ventures, a Santa Rosa, California-based winery and a Washington, D.C.–based venture capital firm, account for the bulk of the reported assets as shown in the now-public disclosures.
Federal disclosure forms do not list exact amounts. However, the winery, listed as eStCru LLC, saw its reported valuation jump from a range of $15,000 to $50,000 in 2023 to between $1 million and $5 million the following year.
However, deeper investigations into the alleged business indicate that it is not a legitimate or operating business.
Take a look —
🚨How did Ilhan Omar make millions from a 100% fake winery?
This is insane. We investigated. Check this out…
Illhan Omar lists a California winery on her financial disclosures. You can see them below. The winery name is ‘eStCru LLC.’
In 2023 it was valued at $15k.
In 2024 it… pic.twitter.com/VoQd5ppGur— Benny Johnson (@bennyjohnson) January 26, 2026
Rose Lake Capital LLC, the D.C.–based venture capital firm, showed an even sharper increase, rising from a reported value of between $1 and $1,000 in 2023 to an asset range of $5 million to $25 million in 2024.
The increase has drawn growing scrutiny, including from Trump, who questioned Omar’s finances in a series of Truth Social posts.
Yesterday, Trump said the Department of Justice would investigate her reported wealth, which he claimed totaled $44 million.
“Time will tell all,” Trump wrote.
The fresh scrutiny into Omar and her husband comes amid rampant fraud uncovered in Minnesota under Democratic Party leaders that estimates say could amount to as much as $9 billion in missing funds, and questions on whether Omar or anyone else benefited from it.
The fraud has involved various social services and welfare schemes, including Medicare and childcare funding, and many of those convicted have been part of Minnesota’s large Somali population.
Omar’s office has yet to comment on the allegations and disclosures at the time of publication.