A federal grand jury is investigating alleged financial crimes by Neville Roy Singham, a China-based tech tycoon whose fortune has funded a network of socialist, communist, and Marxist organizations across the U.S.
Investigation Details
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. The investigation is examining the movement of 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.
The investigation 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.
Singham’s Network
Singham’s network includes organizations that partner with hundreds of groups worldwide, resulting in a network of about 2,000 groups, amplifying anti-U.S., pro-China messages. Of the $591 million moved across five continents, $278 million flowed directly from Singham into organizations that ‘sow discord’ in the U.S.
Original reporting: Fox News (HLL/CB) — read the source article.
