English transcript

Okay, that was far-left Congresswoman Ilhan

Omar claiming the Justice Department and Congress

probing her sudden skyrocketing wealth to $30

million in just one year, that they have a problem

with her living the American dream. You heard

her say the goddamn United States of America.

We've got new questions on where she and her

husband got all that money. Joining us now,

Forbes Media Chair, Editor-in-Chief, Steve Forbes.

Steve, new information coming in, and Forbes

magazine, your magazine has reported this too,

that the state of Delaware and Washington, D.C.

canceled the registrations for Omar's husband's

investment firm, Rose Lake, for not paying its

back taxes. We saw it owed more than 400,000

to Delaware and nearly 1,800 to D.C. She's claiming

it's worth 25 million, from less than a grand

a year before. How can his investment firm not

afford to pay taxes if it's supposedly worth

an estimated 75 million to 150 million?

This is really weird stuff. Well, weird is not

the word for it. There's another word for it

called crooked. And that's why we have to have

an investigation into this, as you know, the

Biden administration examined, started to examine

her finances and that of her husband, and so,

surprise, surprise, that investigation went

nowhere. But it's amazing how people can go

into Congress and then become these entrepreneurial

investing geniuses where they come in, she had

under $1,000 of net worth, and her husband didn't

have much, and suddenly now they're multimillionaires.

Is there a money laundering operation here?

And in terms of, in terms of the firms themselves,

they have a sketchy background. That winery

in California that she and her husband own,

where did that come from?

Where's the wine there?

Nobody can seem to find it. So there's a lot

of smelly stuff here, and that's why in the

American dream, her version of the American

dream is the Al Capone version of the American

dream, Tony Soprano version of the American

dream, and that is steal it. Steal it from the

taxpayers. And so there's a lot of stuff here,

and so when somebody cloaks themselves in, oh,

the American dream, and so you have numbers

like this from minus 1,000 to 30, 40 million,

you know something is not right. Yeah, she's

also, also like, you know, blaming people, bullying,

doing race-baiting, race bullying. There's no

evidence, public evidence there's even a winery.

She valued it at 5 million. His investment firm

is real, well, it's supposedly real. Its D.C.

headquarters appear to share office space at

a WeWork, Steve. There's no track record of

his firm managing money, doing M&A deals, no

clients we see, investment deals, or any work

it's done. They say they do work in 80 nations

operating in. There's no SEC registrations for

them as investment advisors. What is going on

here?

This increasingly looks sketchy, both the winery

and his investment firm. Yeah, the winery may

not exist, and the firm may be just really a

name only, as you say, a WeWork office, big

deal. So that's why the investigation needs

to be done, and suddenly all that 30 million,

I think you're gonna find, I'll make a speculation

and prediction, that 30 million came from sources

that are illegal. Period. Thank you so much,

Steve Forbes, helping us to break it down. We're

gonna stay on the story.