Updated
Updated · Fox News · Jun 29
Federal Grand Jury Probes Neville Roy Singham Over $278 Million Funding Network
Updated
Updated · Fox News · Jun 29

Federal Grand Jury Probes Neville Roy Singham Over $278 Million Funding Network

1 articles · Updated · Fox News · Jun 29

Summary

  • Manhattan federal prosecutors have issued grand jury subpoenas for bank records and other documents as they investigate whether Neville Roy Singham and groups in his network committed wire fraud, bank fraud or money laundering.
  • The probe centers on allegations that $278 million moved from Singham in Shanghai through Goldman Sachs' donor-advised philanthropy fund and two shell companies before reaching six U.S. nonprofits tied to his activist network.
  • Treasury Secretary Scott Bessent earlier met Goldman Sachs CEO David Solomon and warned the bank could face scrutiny over its role in the transfers; sources said Solomon pledged cooperation.
  • Investigators are also examining Singham's broader funding web, which Fox reported mapped 223 transactions worth $591 million from 2017 to 2025 across 67 core groups, with wife Jodie Evans also a target.

Insights

How did hundreds of millions from a tech tycoon in Shanghai allegedly bypass Wall Street safeguards to fund a global influence network?
Why is a network under federal investigation for financial crimes also accused of targeting America’s critical AI infrastructure?