Congress Backs DOJ Probe into Alleged China-Linked Funding Network

A federal grand jury is now investigating allegations of financial crimes against Neville Roy Singham, a figure reportedly linked to the funding of various socialist, communist, and Marxist organizations. The probe, authorized by Acting U.S. Attorney General Todd Blanche, aims to unravel a complex financial network that, according to reports, has channeled approximately $278 million into a wide array of nonprofits since 2017. This investigation was initiated by U.S. Attorney Jay Clayton for the Southern District of New York, a jurisdiction known for its significant federal prosecutions.

Singham himself has not responded to multiple requests for comment. However, Senator Jim Banks, a Republican from Indiana, has been vocal in his criticism, telling Fox News Digital that Singham is a “traitor to our country” with deep ties to the Chinese Communist Party (CCP). Banks characterized Singham, an American citizen, as someone whose loyalties lie entirely with the CCP, alleging that his vast fortune and philanthropic endeavors are used to support left-wing groups in America, some of which, he claims, espouse not just ideology but also violence.

Congressional Scrutiny and Early Warnings

Senator Banks had previously raised concerns about Singham’s network in April of the previous year, urging former Attorney General Pam Bondi to investigate CodePink, a 501(c)(3) nonprofit that has reportedly received funds from Singham. CodePink, co-founded by Singham’s wife, Jodie Evans, has also not commented on the matter. Neither has Evans.

The investigation into Singham’s financial dealings has drawn bipartisan attention, with several lawmakers expressing support for the Justice Department’s actions. The probe is seen by many as a critical step in understanding and potentially curbing foreign influence within American organizations.

Wall Street’s Involvement and Cooperation

Adding another layer to the unfolding situation, Treasury Secretary Scott Bessent reportedly met with Goldman Sachs Chairman and CEO David Solomon earlier this year. Sources indicated that Bessent conveyed a stern message to Solomon, suggesting that Goldman Sachs could face scrutiny for its alleged role in facilitating the movement of Singham’s funds. Bessent reportedly urged Solomon to cooperate fully with the federal investigation.

A source close to the meeting described the discussion as non-confrontational, with Solomon reportedly agreeing to cooperate with the Justice Department. A Goldman Sachs spokesperson stated that all distributions from Mr. Singham’s donor-advised fund were made to legal nonprofits, as determined by the IRS. The bank confirmed that no distributions have been made since August 2023 and that the account was closed in early 2024.

Senator Banks, who sits on the Senate Banking Committee, acknowledged Goldman’s willingness to cooperate but emphasized the broader need for caution on Wall Street when dealing with individuals connected to perceived adversaries. “It sounds like Goldman wants to put this to bed,” Banks remarked. “They want to do their part to help the investigation. But Wall Street should know that you can’t get away with helping our biggest enemy. You can’t get away with helping the Chinese Communist Party through money funneled through tech billionaires like Neville Singham. You will be held accountable for that.”

Concerns Over Foreign Agents Registration Act (FARA)

In his earlier correspondence with Pam Bondi, Senator Banks had also raised questions about whether CodePink might have violated the Foreign Agents Registration Act (FARA). This federal law mandates that individuals or entities acting on behalf of foreign principals must register and disclose their financial activities and relationships. Banks argued that CodePink’s actions and funding suggested it was acting as an agent of CCP influence in the United States, even though its activities, as noted by The New York Times, would typically necessitate FARA registration. He pointed out that CodePink had not registered with the DOJ.

Broader Political Support for the Probe

News of the grand jury probe has garnered reactions from various lawmakers. Representative Pat Fallon, a Republican from Texas and a candidate for House Oversight Committee Chairman, stated that holding nonprofits aligned with the CCP and Singham accountable would be a priority if he secures the chairmanship. Fallon asserted that far-left non-governmental organizations (NGOs) serve as conduits for adversaries like China to undermine the U.S. He specifically mentioned groups like CodePink, funded by Singham, as openly disseminating CCP propaganda with the aim of fostering division and unrest.

“My colleagues and I on the House Oversight Committee have been committed to dismantling the dark network of communist NGOs, which is why we sent a letter to the DOJ earlier this year urging them to expose these groups for what they really are. We cannot stop until we put an end to the communist threat facing our Republic here at home,” Fallon added.

House Ways and Means Committee Chairman Jason Smith, a Republican from Missouri, who launched his own investigation into Singham’s nonprofit network last year, took to social media platform X to express his view that the grand jury investigation was long overdue. “It’s about time he is brought to justice and he is held accountable for his ties to the CCP,” Smith posted.

Allegations of Funding ‘Left-Wing Chaos’

Critics, including Chairman Smith, have long alleged that Singham has leveraged the tax-exempt status of nonprofit organizations to finance what they describe as “left-wing chaos” through demonstrations across the country. A video uncovered by Fox News Digital reportedly shows Singham advocating for a “new world order” promoted by Chinese President Xi Jinping and the CCP during an event in Beijing last year.

The financial contributions from Singham, reportedly routed through Goldman Sachs’ Donor Advised Philanthropy Fund For Wealth Management Inc., have been substantial. These include an estimated $22.44 million to People’s Forum Inc., identified as a hub for far-left activities in Manhattan, and at least $223 million, along with other forms of support, directed to a global network of organizations. These groups have been known to mobilize protesters for demonstrations, including those against ICE and anti-Israel rallies.

The investigation seeks to clarify the nature of these financial flows and their potential impact on domestic political discourse and foreign influence within the United States.