politics
Grand Jury Issues Subpoenas in Probe of Neville Roy Singham Nonprofit Network
Acting Attorney General Todd Blanche authorized a Manhattan grand jury to subpoena records as part of an investigation into Singham's funding of advocacy groups. The probe was opened by U.S. Attorney Jay Clayton in the Southern District of New York.
Jul 10, 3:26 PM·1m read1 source
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Acting U.S. Attorney General Todd Blanche authorized a grand jury in Manhattan to issue subpoenas in a federal probe of Neville Roy Singham's financial network, Fox News reported. The investigation was launched by U.S.
Attorney Jay Clayton for the Southern District of New York. Singham, 72, sold his technology company for $800 million in 2017 and now lives in Shanghai. He has directed $278 million to a network of nonprofits since 2017, including the People's Forum, Breakthrough News, Tri-Continental and the Party for Socialism and Liberation, according to a Fox News Digital investigation.
Adam Sohn, CEO of the Network Contagion Research Institute, said Singham's network has opposed construction of data centers and advancement of artificial intelligence in the United States. A Bitcoin Policy Institute report estimated that $23.6 billion in proposed AI and data-center investment has been delayed, scaled back or blocked in campaigns where the Party for Socialism and Liberation acted as a critical mobilizer.
AI policy. He alleged that Iranian operatives are formally partnered with the Singham networks, though Fox News Digital was unable to independently verify the claim. Treasury Secretary Scott Bessent met with Goldman Sachs Chairman and CEO David Solomon in New York earlier this year.
During the meeting, Bessent pressed the bank to assist the Justice Department investigation and warned that Goldman Sachs could face scrutiny over its alleged role in moving Singham's funds. A source familiar with the meeting said the discussion was cordial and that Solomon expressed willingness to cooperate.
A Goldman Sachs spokesperson said all distributions from Singham's donor-advised fund went to IRS-recognized nonprofits, with no distributions after August 2023 and the account closed in early 2024.
