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

A certified public accountant told Fox Business host David Asman Monday that Democratic Minnesota Rep. Ilhan Omar’s claims about her accountant’s error in preparing her financial disclosure forms are very implausible.

Omar’s 2025 financial disclosure to Congress initially claimed a net worth of between $6 million and $30 million, figures much higher than previous disclosures. The left-wing Democrat from Minnesota filed an amended version that claimed a net worth of only $95,000 after being questioned by the Office of Congressional Compliance, 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.

“Let’s call this for what it is: When a Congressperson has to file these financial disclosure forms, they are signing 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 that she didn’t notice that 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 that form holds you legally accountable.”

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Omar told the OCC that the higher figures came about from a mistake by her accountant and included documentation regarding the partial ownership of a winery and a “venture-capital management” firm by her now-husband, according to the WSJ. Geltrude dismissed the possibility of an accountant making a mistake of the magnitude Omar asserted had taken place.