‘She Is Responsible’: CPA Explains Why Ilhan Omar’s Excuse For Sudden Shift In Wealth Won’t Fly

An accountant on Monday criticized Democratic Rep. Ilhan Omar’s attempts to explain her sudden leap to millionaire status as completely implausible.

Omar’s 2025 financial disclosure to Congress initially reported a net worth of between $6 million and $30 million, figures much higher than previous disclosures. The left-leaning Minnesota Democrat filed an amended version claiming a net worth of just $95,000 after being questioned by the Congressional Compliance Office, The Wall Street Journal reported. Dan Geltrude, who founded Geltrude & Company in 1995, told Asman that ultimately Omar was “responsible” for what was on the form. (RELATED: Nick Shirley Calls Democratic Rep. ‘Fraud Queen’)

“Let’s call it for what it is: When a member of Congress has to file these financial disclosure forms, they sign them and by signing them, what are they saying? They are true, complete and accurate to the best of their knowledge,” Geltrude said. “So, are you telling me she didn’t notice her net worth went from 100,000 to 30 million? Don’t blame the accountant. You can’t say you don’t know. Your signature on this form holds you legally responsible.”

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Omar told the OCC that the higher numbers were due to an error by her accountant and included documents regarding her now-husband’s partial ownership of a winery and a “venture capital management” company, according to the WSJ. Geltrude dismissed the possibility that an accountant had made an error of the magnitude that Omar claimed had occurred.

“Well, no one I know, and certainly not me. David, come on. The accountant didn’t make up these numbers. These numbers were provided in some form so the accountant could prepare the forms,” ​​Geltrude said. “But again, I come back to the fact that she is responsible. So what that tells me is either she was misleading in some way or she just didn’t review the forms. Either way, there’s no excuse here, David, none.”

Under the Biden administration, the Justice Department investigated how Omar’s wealth had increased since she entered Congress, including due to income received from her husband, a lobbyist with whom she allegedly had an extramarital affair in 2019. Omar was also the subject of a complaint with the Federal Election Commission alleging that she used campaign funds to continue her relationship with the lobbyist, whom she later married.

“Many people are wondering if it’s possible that the initial valuation of her husband’s business didn’t include liabilities, so it was valued on unrealized gains, which is exactly what Democrats like her are looking for in billionaires, right?” Asman asked Geltrude, who replied, “Yeah, it’s kind of funny that that happens.” (RELATED: Republican Senator Says Ilhan Omar Tried to Send $1 Million to Somali Restaurant Calling Itself a Rehab Clinic)

“But if you’re asking if it’s possible that they excluded liabilities and unrealized gains, yes, it’s possible,” Geltrude continued. “But that would result in them not giving their information to the accountant to put on the form. So either way, David, she’s responsible.”

Omar’s personal life has been the subject of speculation, including rumors that she married her brother to allow him entry to the United States.

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