ACalifornia winery co-owned by Democrat Rep. Ilhan Omar’s husband, Tim Mynett, has shut its doors for good amid scrutiny of the congresswoman’s family wealth.
The winery ceased business operations on April 4, two months after Republicans sent a letter demanding answers into the discrepancies between Omar’s congressional financial disclosures for 2024 and the one she filed just one year earlier, according toCalifornia business records.
In aFebruary letterto Mynett, House Oversight Committee Chair James Comer (R-Ky.) said financial disclosures filed by his wife Omar “show eStCru LLC and Rose Lake Capital LLC, which you hold ownership stakes in, went from being worth as much as $51,000 in 2023 to as much as $30 million in 2024.”
Comer said the discrepancy sparked “serious public concerns” about how the Santa Rosa winery and venture capital firm “increased so dramatically in value only a year after reporting very limited assets.”
“Given that these companies do not publicly list their investors or where their money comes from, this sudden jump in value raises concerns that unknown individuals may be investing to gain influence with your wife.”
This week Omar claimed she and Mynett’s net worth wasn’t actually tens of millions of dollars after all, and they actually have less than $100,000 combined, according to a report in theWall Street Journal. Her office told the outlet those numbers were made in error, and blamed their accountant.
Mynett’s business venture capital and boutique winery was started in the fall of 2021, after his prior consulting firm shut down.
TheCalifornia winery has sincefollowed the way of the capital group which is also now defunct.
It wasn’t a traditional brick and mortar winery, but rather just a label that subcontracted producers throughout the West Coast to bottle wines for them. When reached by The Post in February a spokespersonsaid the winery is dead.
The congressional probe appears to be late to the party, calling into question the winery’s business model. Many on social media have pointed out that they’ve been unable to access the winery’s website, which no longer exists, or buy anything for months.
Source: California Post – Breaking California News, Photos & Videos
