Federal Grand Jury in New York Investigates China-Based Megadonor Neville Singham Over Alleged Financial Crimes and NonProfit Network

A federal grand jury in Manhattan has issued subpoenas as part of an ongoing investigation into Neville Roy Singham, a U.S.-born tech billionaire now based in Shanghai, and the extensive network of nonprofits he has funded with hundreds of millions of dollars.

The probe, authorized by Acting Attorney General Todd Blanche and led by U.S. Attorney Jay Clayton for the Southern District of New York, is examining potential violations including wire fraud, bank fraud, money laundering, and possible Foreign Agents Registration Act (FARA) issues. Sources familiar with the matter told multiple outlets that investigators are scrutinizing the flow of funds through shell companies, donor-advised funds, and tax-exempt organizations tied to Singham.

Singham, who sold his software company ThoughtWorks for roughly $785 million in 2017, has directed an estimated $278 million or more into a constellation of left-wing groups, media outlets, and activist organizations in the United States and abroad. Much of this money reportedly passed through a Goldman Sachs philanthropic arm and other intermediaries before reaching entities such as The People’s Forum, Code Pink (co-founded by Singham’s wife Jodie Evans), BreakThrough BT Media, Tricontinental: Institute for Social Research, and the Justice and Education Fund.

These organizations have been linked to coordinated protests, including anti-ICE actions, campus encampments, and events promoting socialist and Marxist causes. Critics, including congressional investigators, argue the network has amplified pro-China messaging, sown domestic division, and supported activities that blur the line between protected speech and unlawful disruption.

Sen. Chuck Grassley and House committees have previously raised concerns about the network’s ties to the Chinese Communist Party and potential misuse of tax-exempt status. A complaint to the IRS highlighted The People’s Forum’s role in sponsoring groups involved in demonstrations that sometimes escalated into violence, property damage, or interference with law enforcement.

Singham’s activities have drawn bipartisan scrutiny over foreign influence in American nonprofits. Reports indicate his funding has supported entities that echo CCP narratives on issues ranging from U.S. foreign policy to domestic protests. Intelligence experts have described the operation as a sophisticated influence pipeline that leverages American tax laws and philanthropic structures to advance ideological goals aligned with Beijing.

No charges have been filed, and the investigation remains ongoing. The grand jury’s subpoenas seek financial records that could clarify how funds moved through the network and whether any laws were broken in the process.This case highlights broader concerns about opaque foreign funding in the U.S. nonprofit sector and the need for stronger transparency and enforcement. As the probe advances, it could shed new light on how massive private fortunes funneled through layered entities shape political activism and public discourse in America.