A federal grand jury has been convened to investigate whether a wealthy expatriate businessman violated US law while channeling money to a sprawling network of Marxist and left-wing organizations operating across the country for more than ten years.
The target of the probe, Neville Roy Singham, finds himself at the center of a sweeping financial investigation now underway in Manhattan.
Federal prosecutors under US Attorney Jay Clayton have already begun issuing subpoenas seeking bank records as they build their case.
Although Singham was raised in Connecticut, he has spent years building his business empire from a base in Shanghai.
The investigation into his financial dealings was quietly launched several months ago after receiving the green light from Acting Attorney General Todd Blanche, according to Fox News.
The probe has reached the highest levels of the financial world, drawing in Treasury Secretary Scott Bessent, who sat down directly with Goldman Sachs chief executive David Solomon to discuss the unfolding case.
At the heart of the matter is Goldman’s charitable giving arm, the GS Donor Advised Philanthropy Fund for Wealth Management, which investigators believe may have been used to move Singham’s money into the hands of American organizations.
Financial records reviewed by investigators reportedly show a staggering $285 million traveling from Singham through Goldman’s philanthropic fund and a series of shell companies before ultimately landing with nonprofits, media operations, and activist groups.
Sources indicate that Bessent delivered a stark warning to the banking giant: cooperate with the Justice Department’s investigation or risk being pulled into the alleged conspiracy itself.
Faced with that pressure, Solomon reportedly committed to working with federal prosecutors moving forward.
Goldman Sachs pushed back against any suggestion of wrongdoing through an official statement from a company spokesperson.
The bank maintained that every distribution from Singham’s donor-advised fund went to nonprofits deemed legitimate by the IRS.
The spokesperson emphasized that the fund has been inactive since August 2023 and was formally shut down in early 2024.
Beyond his dealings with Goldman, the 72-year-old businessman has funneled more than $15 million to social justice causes worldwide, with much of that money passing through a single post office box in Chicago.
Investigators have also connected Singham’s funding network to grassroots opposition against Immigration and Customs Enforcement, with money reaching activist campaigns in both Minneapolis and Los Angeles.
A growing list of organizations has drawn scrutiny from House Republicans probing Singham’s influence, including the Party for Liberation and Socialism, the People’s Forum, and the ANSWER Coalition, among more than a dozen others identified by lawmakers.
Adding to the controversy, Singham reportedly once shared workspace with the Maku Group, an organization lawmakers say functions as a propaganda arm for the Chinese Communist Party.
His financial fingerprints also appear on other ventures, including the news outlet BreakThrough News and 1804 Books, a publishing house known for radical political titles.
Singham’s personal relationships have likewise come under the spotlight. He married Jodie Evans in 2017, the founder of the anti-war group CODEPINK, which has itself become a focal point of congressional scrutiny.
Republican lawmakers have pushed to strip CODEPINK of its tax-exempt status entirely, accusing the organization of accepting money from hostile foreign nations and failing to use its funds for genuine charitable purposes.
House Ways and Means Committee Chairman Jason Smith did not mince words when addressing the matter publicly.
“For years, Roy Singham has abused the generous tax status awarded to tax exempt organizations to fund left wing chaos and violence in our country,” the Missouri Republican declared. “It’s about time he is brought to justice and he is held accountable for his ties to the CCP.”
Singham’s own rhetoric has only intensified concerns among his critics.
Speaking at the Global South Academic Forum in Shanghai this past November, he called for a “new world order,” echoed Mao Zedong’s revolutionary calls for a “people’s war,” and branded the United States a “fascist” nation.
The son of a Brooklyn College political science professor, Singham amassed his fortune by selling his information technology company, ThoughtWorks, to London-based private equity firm Apax Partners in a deal valued near $785 million.
Both the Justice Department and Treasury Department declined to immediately comment when reached for this story.
