Updated
Updated · Fox News · Jul 30
Grand Jury Probes Neville Roy Singham's $278 Million Nonprofit Network Over Alleged Pro-CCP Funding
Updated
Updated · Fox News · Jul 30

Grand Jury Probes Neville Roy Singham's $278 Million Nonprofit Network Over Alleged Pro-CCP Funding

3 articles · Updated · Fox News · Jul 30

Summary

  • A Southern District of New York grand jury is examining Neville Roy Singham’s finances and whether crimes occurred as he funded a pro-CCP nonprofit network; he has not been charged.
  • Banks said the 72-year-old tech entrepreneur, who sold his company for $785 million in 2017 and now lives in Shanghai, has funneled $278 million into nonprofits since 2017.
  • The Indiana senator told the Senate those groups have backed anti-ICE, anti-Israel and pro-Iran protests, and said Code Pink shifted to defending China after Singham funded the group and married co-founder Jodie Evans.
  • Treasury Secretary Scott Bessent earlier urged Goldman Sachs CEO David Solomon to cooperate with the Justice Department probe, and Goldman said Singham’s donor-advised fund made only IRS-recognized nonprofit grants, stopped distributions in August 2023 and closed in early 2024.
  • Banks tied the case to a broader U.S. push against foreign-backed far-left extremism, echoing Secretary of State Marco Rubio’s warning that cross-border networks use financing, training and encrypted communications to foment unrest.

Insights

How did a tech fortune allegedly move through nonprofits and donor-advised funds into a global activism network now under federal scrutiny?
Why are regulators, prosecutors, and finance watchdogs all focused on the same Shanghai-linked nonprofit money trail?
What evidence would show the difference between protected nonprofit advocacy and covert foreign influence in a cross-border funding network?