Walz Ends Re-Election Bid As Omar Embroiled In Somali-Based Fraud Allegations

Amid increased public scrutiny of Omar over large-scale fraud investigations in Minnesota and questions about whether she could have benefited indirectly, Rose Lake Capital has removed the names and biographies of its team members from its website. It is not clear whether any of the previously listed individuals remain affiliated with the firm.

Another company connected to Omar’s financial disclosures, ESTCRU LLC, also reported a sharp increase in valuation. The winery, registered in Santa Rosa, was listed as being worth between $1 million and $5 million in Omar’s 2024 disclosure, compared with an estimated value of $15,000 to $50,000 the previous year.

The couple’s growing wealth comes as state and federal authorities uncover vast fraud networks in Minnesota, many tied to Somali-run nonprofits in Omar’s district.

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