{"id":135250,"date":"2026-06-10T19:00:28","date_gmt":"2026-06-10T23:00:28","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/squad-dem-dismisses-fraud-probe-speculation-after-29m-net-worth-drop-135250"},"modified":"2026-06-10T19:00:28","modified_gmt":"2026-06-10T23:00:28","slug":"squad-dem-dismisses-fraud-probe-speculation-after-29m-net-worth-drop","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/squad-dem-dismisses-fraud-probe-speculation-after-29m-net-worth-drop-135250","title":{"rendered":"‘Squad’ Dem dismisses fraud probe speculation after $29M net-worth drop"},"content":{"rendered":"
\n

Rep. Ilhan Omar<\/a>, D-Minn., is continuing to deny looming questions over an Ethics Committee investigation into her financial filings, showing a significant drop in her net worth.<\/p>\n

Scrutiny of Omar’s finances intensified after financial disclosure filings appeared to show her estimated net worth falling from a range of roughly $6 million to $30 million in one filing period to between about $18,000 and $95,000 in a later disclosure.<\/p>\n

House Oversight Committee Chairman James Comer<\/a>, R-Ky., has publicly voiced his interest in the House Ethics Committee opening an investigation into both Omar\u2019s personal finances and her connection to the \u2018Feeding Our Future\u2019 fraud scheme, a scandal that federal prosecutors say cost taxpayers roughly $250 million.<\/p>\n

JAMES COMER RAISES FELONY QUESTIONS OVER ILHAN OMAR’S FINANCES AFTER DISCLOSURE DISCREPANCY<\/strong><\/a><\/p>\n

Omar dismissed suggestions that she is facing an Ethics Committee investigation.<\/p>\n

“No,” Omar told Fox News Digital, laughing, when asked if she is under an Ethics Committee investigation. “No. We go over this all the time.”<\/p>\n

She was pressed about continued reporting surrounding the discrepancy \u2014\u00a0 the possibility of the roughly $29 million drop in her financial disclosure.\u00a0<\/p>\n

“There\u2019s also the possibility that it might rain on this sunny day,” Omar replied.<\/p>\n

Along with Comer\u2019s efforts to launch an investigation into Omar, Vice President JD Vance<\/a> said just last month that the U.S. Department of Justice will be opening a probe into the Minnesota Democrat\u2019s alleged fraud as part of the administration\u2019s new anti-fraud taskforce.\u00a0<\/p>\n

OMAR CAMP BREAKS SILENCE ON FRAUD PROBE, BLAMES WALZ, TRUMP AS NEW CLAIMS CLASH WITH EARLIER STATEMENTS<\/strong><\/a><\/p>\n

Omar has declined ever being aware of the scheme happening behind doors with the organization, which claimed to be helping supply children in need of meals during the COVID-19 pandemic<\/a>.\u00a0<\/p>\n

The Justice Department<\/a> described the scheme as the “single largest COVID-19 fraud scheme in the country,” The Associated Press reported. The orchestrator of the non-profit, Aimee Bock, was sentenced to 42 years in prison for her involvement in spearheading the fraud scheme.<\/p>\n

Republicans have pointed to Omar’s MEALS Act, part of a federal pandemic relief measure which she sponsored, as a factor they say contributed to conditions that allowed the fraud to occur. They argue her bill was a mass contributor to the fraud occurring as it broadened USDA waiver authority at meal sites. It has also been claimed that this same act helped to dismantle anti-fraud safeguards that verified the people actually being serviced in federal nutrition programs.<\/p>\n

ILHAN OMAR’S OFFICE SAYS SHE’S \u2018NOT A MILLIONAIRE\u2019 AFTER $30M FILING REVISED DOWN TO UNDER $100K: REPORT<\/strong><\/a><\/p>\n

In a previous statement to Fox News Digital from Omar, she claimed that President Donald Trump<\/a>\u2019s USDA Secretary, Brooke Rollins, imposed the regulations for the framework of the program.\u00a0<\/p>\n

While Omar continues to reject suggestions time-after-time that she is facing an Ethics Committee investigation, Republicans have shown little sign of backing away from their demands for a proper investigation into Omar\u2019s finances and fraud allegations.\u00a0<\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/politics\/squad-dem-shuts-fraud-probe-speculation-29m-net-worth-drop <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Rep. Ilhan Omar, D-Minn., is continuing to deny looming questions over an Ethics Committee investigation into her financial filings, showing a significant drop in her […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-135250","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"\n'Squad' Dem dismisses fraud probe speculation after $29M net-worth drop - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/squad-dem-dismisses-fraud-probe-speculation-after-29m-net-worth-drop-135250\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"'Squad' Dem dismisses fraud probe speculation after $29M net-worth drop - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Rep. 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