FIRST ON FOX: A federal grand jury is investigating alleged financial crimes by Neville Roy Singham, the China-based tech tycoon whose fortune has funded a sprawling network of socialist, communist and Marxist organizations across the U.S. over the last decade.

According to sources familiar with the matter, the grand jury in Manhattan has issued subpoenas as part of a probe launched by U.S. Attorney Jay Clayton for the Southern District of New York, one of the country’s most powerful districts for federal prosecutions. Acting U.S. Attorney General Todd Blanche authorized the investigation as the Trump administration seeks to crack down on fraud, money laundering and other financial crimes in the multibillion-dollar nonprofit industry.

The grand jury action follows a Fox News Digital investigation published in mid-March, documenting how Singham pumped $285 million from his base in Shanghai into a Goldman Sachs philanthropy fund and two shell corporations that then fed the money into a constellation of nonprofit organizations, media operations and activist groups pushing sectarian division, identity politics and support for socialist politicians.

The investigation is examining the movement of the money in Singham’s financial network and attempting to determine if Singham, the organizations he funded or their leaders committed wire fraud, bank fraud, money laundering or other financial crimes, according to sources familiar with the matter.

HOUSE OF SINGHAM: READ FOX NEWS DIGITAL’S 5-PART INVESTIGATION

Prosecutors have presented evidence to the grand jury, which has issued subpoenas seeking bank records and other financial documents from organizations in Singham’s network. Federal prosecutors use grand jury subpoenas as an investigative tool to compel the production of documents and testimony as they determine whether sufficient evidence exists to pursue criminal charges.

Nicholas Biase, spokesman for the U.S. Attorney’s Office for the Southern District of New York, declined to comment.

Showdown with Goldman Sachs

According to sources, Treasury Secretary Scott Bessent traveled to New York City earlier this year for a meeting with Goldman Sachs Chairman and CEO David Solomon. The men discussed the role of a Goldman Sachs philanthropic arm — GS Donor Advised Philanthropy Fund For Wealth Management Inc. — that facilitated the movement by Singham of millions of dollars into a network of U.S. nonprofits.

A Treasury Department spokesman declined to comment. A person familiar with the meeting confirmed that it occurred, saying that Bessent has regular meetings with business leaders, and declined to comment further on the substance of the meeting.

At that meeting, sources said, Bessent delivered a blunt ultimatum: Goldman Sachs could face scrutiny for alleged conspiracy in the funneling of the Singham money and urged Solomon to cooperate with federal investigators.

Like many U.S. companies, Goldman Sachs has had a long business relationship with the Chinese Communist Party, with Solomon participating in a meeting, for example, on Nov. 4, 2025, with He Lifeng, a member of the Political Bureau of the Communist Party of China Central Committee and director of the Office of the Central Commission for Financial and Economic Affairs.

Solomon pledged his cooperation, according to sources.

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By mid-May, with the Southern District of New York investigation in full throttle, Solomon joined a delegation of powerful American business leaders who accompanied President Donald Trump, Bessent and other administration officials to China to meet with Chinese President Xi Jinping and other leaders of the Chinese Communist Party.

In a five-part investigative series published earlier this year, Fox News Digital unearthed a four-minute-13-second speech in which Singham stood on a stage at the Golden Tulip Hotel on Nov. 13, 2025, for a conference of the “Global South Academic Forum,” coincidentally just days after the Goldman Sachs’ chief was in Beijing. Tricontinental Ltd., a Singham-funded nonprofit, co-sponsored the event with academic institutions administered by the Chinese Communist Party.

On stage, Singham openly supported a “new world order” promoted by Chinese President Jinping and the Chinese Communist Party. During the speech, he called the United States a “fascist” nation, echoing the propaganda of the Chinese Communist Party now also parroted on the streets by communist, socialist and Democratic Party activists.

WATCH THE NOVEMBER 2025 SINGHAM SPEECH:

The series revealed a 172-page report in which Singham outlined his theory of change, invoking 20th century Chinese communist leader Mao Zedong’s battle plan to wage a “people’s war” to spread communism. Mao was inspired by communist leaders Karl Marx and Vladimir Lenin.

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Singham’s rise as a global political financier accelerated after his February 2017 marriage to Jodie Evans, the co-founder of Code Pink, a far-left activist group that has aligned itself with authoritarian regimes including the Islamic Republic of Iran, the Communist Party of Cuba and the Chinese Communist Party. According to sources, Evans is also a target of the investigation, emerging as a board member in the U.S. on many of the organizations that Singham funded.

That same year, Singham sold his company, ThoughtWorks, for an estimated $785 million to a London-based private equity firm, Apax Partners. A spokeswoman for Apax Partners said the company wouldn’t disclose the names of the investors who pumped money into that sale, but sources told Fox News Digital that federal investigators are looking for potential ties to the Chinese Communist Party.

After that sale, Fox News Digital found, Singham began directing large sums of money into a network of organizations that now form part of a broader activist infrastructure in the United States and abroad.

In its investigation, Fox News Digital mapped 223 transactions from 2017 through 2025 that moved $591 million across five continents through 67 core groups in the Singham network. They partner with hundreds of groups worldwide, resulting in a network of about 2,000 groups, amplifying anti-U.S., pro-China messages.

Of that money, Fox News Digital established a documented $278 million flowed directly from Singham into organizations that “sow discord” in the U.S., as House Ways and Means Chair Jason Smith put it earlier this year at a hearing a dynamics called “foreign malign influence.”

Following the Money

In money-laundering investigations, prosecutors typically examine three stages of alleged impropriety called “placement,” “layering” and “integration.” Placement refers to the introduction of funds into the financial system. Layering involves moving money through multiple entities or transactions to allegedly obscure its origin. Integration is the point at which the money reemerges as apparently legitimate funding, grants, payments or organizational support.

Step 1: Alleged Placement

Singham allegedly funneled $278 million from Shanghai into the United States through three key channels — the philanthropic arm of Goldman Sachs and two shell corporations that have since gone defunct.

1. $164,040,000 to Mutod LLC, a now-defunct shell corporation established in 2017, based in Chicago.
2. $110,376,701 to GS Donor Advised Philanthropy Fund For Wealth Management Inc., a philanthropy arm of Goldman Sachs, based in New York City.
3. $3,500,000 to Likewise Conceptions LLC, a now-defunct shell corporation established in 2017, based in Crystal Lake, Ill.

Step. 2: Alleged Layering

The three entities then pumped the $278 million into six nonprofits:

1. $167,540,000 to People’s Support Foundation Ltd., a 501(c)(3) nonprofit established with a hotel address in 2017 in Chicago and Singham’s wife, Evans, on the board.
2. $68,748,701 to Justice and Education Fund Inc., a 501(c)(3) established with a UPS Store address in 2018 in New York City with self-avowed communists, including Manola De Los Santos, on the board.
3. $22,440,000 to People’s Forum Inc., a 501(c)(3) established in 2017 on W. 37th Street in New York City with Evans and De Los Santos on the board.
4. $16,760,000 to Tricontinental Ltd., a 501(c)(3) established in North Hampton, Mass., in 2017 by Singham friend and fellow Marxist ideologue Vijay Prashad.
5. $1,330,000 to CodePink Women For Peace, a 501(c)(3) established in 2009 in Marina Del Ray, Calif., by Singham’s wife, Evans, and her friend, Susan Medea Benjamin.
6. $1,098,000 to Breakthrough BT Media Inc., a 501(c)(3) established in New York City in 2020 at the People’s Forum headquarters with longtime American communist leader Brian Becker’s son, Ben Becker, as editor-in-chief of its pro-communist propaganda outlet, Breakthrough News.

Step 3: Alleged Integration

The six nonprofits then funneled at least $223 million and other forms of support into a global network of organizations including:

1. People’s Welfare Association, a 501(c)(4) established in 2019 with the address of a UPS store in Madison, Wisc., today reporting about $12 million in revenues transformed into grants to undisclosed groups around the world.
2. Countless unidentified organizations in six regions around the world, including Subsaharan Africa, Central America and even North America, receiving tens of millions of dollars.
3. The ANSWER Coalition, a communist organization whose Chicago address has been listed as the location of the Green Mill Restaurant, a regular haunt for 20th century gangster Al Capone, whom federal prosecutor Elliott Ness prosecuted and convicted for tax evasion.
4. The Party for Socialism and Liberation, a loosely-structured organization with shared leadership from the House of Singham, like the Becker father-son duo.

FLASHBACK: INSIDE THE POLITICAL MOVEMENT THAT PUT A SOCIALIST IN CHARGE OF NEW YORK CITY

Singham and Evans haven’t responded to repeated requests for comment from Fox News Digital. In January, Becker and De Los Santos refused to respond to questions by Fox News Digital outside the People’s Forum headquarters. Benjamin refused to respond to questions during a protest in May. 

The ANSWER Coalition, Breakthrough BT Media Inc., CodePink Women for Peace, Justice and Education Fund Inc., Party for Socialism and Liberation, People’s Forum Inc., People’s Welfare Association and Tricontinental Ltd. also haven’t responded to repeated requests for comment. Representatives for Mutod Ltd. and Likewise Conceptions LLC couldn’t be located.

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Minneapolis Mayor Jacob Frey told members of the city’s Somali community over the weekend that they are “our family,” pledging solidarity and praising their contributions to the city during remarks celebrating Somali Independence Day.

Frey’s remarks came as Minnesota continues to face scrutiny over several high-profile fraud investigations and weeks after a Republican-led House Oversight Committee report alleged the Minnesota Governor Tim Walz’s administration failed to act on repeated warnings about widespread fraud in the state’s social services programs.

“Through the most difficult of times and through Operation Metro surge, we all saw that they tried to come for some of us,” Frey told members of the Somali community on Saturday. “And when that happens, we say that you’re coming for all of us.”

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“In Minneapolis, we loved our neighbors. In Minneapolis, we do not see you as immigrants. We see you as our family,” he added. “You are our brothers. You’re our sisters. You have done so much for this incredible city, and for that, we stand with you.”

Frey appeared to reference Operation Metro Surge, the Trump administration’s immigration and public safety initiative in Minnesota.

The operation concluded in February after border czar Tom Homan announced it had resulted in the arrest of more than 4,000 people in the Minneapolis-St. Paul area and had reduced what he described as public safety threats.

BLUE STATE’S ANTI-ICE PLEDGE COLLAPSES AS GOP WARNS OF NEW SANCTUARY ‘CONFEDERACY’

Frey shared the video on X, writing, “Happy Somali Independence Day.”

“Here in Minnesota, home to one of the largest Somali communities in the United States, we celebrate the resilience, culture, and leadership that continue to enrich our city and community,” he said.

Earlier this month, a Republican-led House Oversight Committee report alleged Walz’s administration repeatedly failed to act on warnings about fraud involving state social services programs, including the Feeding Our Future scandal.

WALZ ADMINISTRATION IGNORED FRAUD WARNINGS AS BILLIONS VANISHED, HOUSE OVERSIGHT REPORT ALLEGES

The committee said more than 110 people have been charged in connection with various fraud schemes in Minnesota, including many defendants identified as members of Minnesota’s Somali immigrant community.

The report also alleged concerns about potential racial discrimination claims contributed to delays in addressing suspected fraud and estimated Minnesota lost roughly $300 million in stolen federal child nutrition funds during the COVID-19 pandemic.

CLICK HERE TO DOWNLOAD THE FOX NEWS APP

Walz administration officials have disputed the committee’s findings.

Fox News Digital’s Adam Pack contributed to this report.

For as long as I’ve been a journalist, which is a really long time, public entities have hated public records requests, even while claiming they don’t.

Ask your typical elected or hired official, from the governor to the animal control folks, and they’ll tell you transparency is vital and sunshine in government a key value.

Then turn in the most benign of public records requests — access to a calendar, for example — and prepare for weeks of delays and excuses. Want emails or financial records or, heaven forbid, anything from the police? Months or even years may pass before a single page is delivered, no joke.

That’s why I am deeply concerned about a bill winding its way through the California Legislature that would definitely slow down public records requests and likely make them more difficult and expensive. At its worst, it could push people into costly court battles just for having the audacity to ask for information.

The legislation, Assembly Bill 1821, is authored by Democratic Assemblymember Blanca Pacheco, whose district includes Norwalk, Downey and Bell, where legendary scandals are Example 1 of why public records matter.

Pacheco’s office told me Wednesday that the troubles with the bill are far from what Pacheco set out to do.

“It was never the author’s intention to take away people’s rights to a [Public Records Act] request,” said her chief of staff, Nikki Johnson.

Johnson said the bill was meant to curtail malicious records requests, which do happen, where a citizen goes after copious amounts of records just to be a jerk and cost the government time and money.

It was also meant to address the growing problem of artificial intelligence and other for-profit businesses requesting thousands of records with the intent of using the information to create money-making products — think of sites that already sell publicly available personal information as “background checks.”

I believe Johnson on the good intentions of the bill in addressing those real if nebulous difficulties, but you know what they say about the best-laid plans.

The bill passed through the Assembly recently with ease, largely because most of its problematic portions (I’ll get to those in a minute) were removed — though not all. Even in a watered-down form, which basically gave government more time to answer requests, I found myself in the unlikely position of agreeing with conservative Republican Assemblymember and Trump supporter Carl DeMaio of San Diego, who offered some of the only opposition from elected leaders during the Assembly vote.

“We cannot police the public’s right to know, and we want to err on the side of transparency in how government agencies operate,” DeMaio said.

Amen, brother.

But the Democratic-controlled Assembly erred on the side of secrecy and slowdown instead, and the measure sailed to the Senate, where seemingly out of the blue, a bunch of new provisions were added that fill it with loopholes, vague language and tons of room for abuse.

David Snyder, executive director of the First Amendment Coalition, said the bill as written now was “comprehensively bad for transparency and therefore for government accountability.”

Sean McMorris, transparency, ethics and accountability program manager for the advocacy organization California Common Cause, put it even more forcefully. He pointed out that “public records are the public’s records.”

“They’re not owned by the government,” he said. But this bill would shift that paradigm and make the public “prove why you need them.”

“It’s going to chill people who want to make requests, and it’s going to complicate the process, and it’s just wrong,” McMorris said.

In its new form, the bill basically allows government entities to decide if they feel a public records request is malicious or for commercial gain. If they do, they can petition a court to intervene — potentially sparking both legal costs and new fees associated with fulfilling the request.

It would also, Snyder said, force a requester to explain why they wanted the records — something California law has repeatedly avoided because it gives power to government to treat those it perceives as enemies differently.

In this age of fairness and reason, it’s hard to imagine a government official misusing power to keep secrets, but I’m told it happens. That makes it all the more crucial that people not be forced to explain why they want information, or if they will use it to, say, expose corruption — be it wrongdoing by a single individual or the entire system.

“I have little doubt that some agencies will use that provision to overburden requesters that they view as political opponents, requesters that they view as just a hassle, requesters that ask for things the government doesn’t want to disclose,” Snyder said. “They can bring the requester into court, and at a minimum, slow down the process, and probably more likely get the requester to simply withdraw.”

As written, the bill also gives a shoddy carve-out meant to protect journalists, but which in reality could be used to curtail requests from freelancers, student journalists and more.

McMorris said access to public records is a “moral issue,” and fixing any problems with the current law requires “a scalpel, not a meat ax.”

This bill, he warned, is a meat ax.

“I don’t discount that there are abusive requests, and that there are requests that really are a burden on government agencies, but the law right now has ways for government agencies to address that,” he pointed out. “Once these laws go into place, they’re going to be hard to roll back.”

It could “fundamentally change” our access to public records, he said.

Johnson, Pacheco’s chief of staff, told me that faced with all these unintended consequences, the Assembly member is going to ask for the amendments to be removed, and for the bill to progress as it was written when it passed the Assembly. That could happen as early as next week, when the bill with the new provisions is scheduled to come up again in a Senate committee for debate.

Reverting to the bill the Assembly voted on would be better, but slowing down public records is in government’s best interests, not the people’s. The bill does nothing to address the problems it seeks to fix, but stretches out the time officials have to simply tell a requester if any records do exist — never mind delivering them.

So even back to its watered-down form, the bill remains a meat ax for a scalpel problem, chopping up transparency with good intentions.