The Department of Justice has launched a grand jury investigation into Marxist mogul Neville Roy Singham for alleged money laundering, bank fraud, wire fraud, and other financial crimes related to his funding of radical, far-left nonprofit groups in the United States.
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Singham sold his IT consulting firm, Thoughtworks, to private equity firm Apax Partners in 2017 for an estimated $785 million. Following the sale, he relocated to Shanghai, China, where he reportedly shares an office with a Chinese Communist Party (CCP) propaganda outfit.
Since then, Singham has been a driving force behind many of the destructive far-left demonstrations that have plagued the nation in recent years.
He is married to Marxist antiwar agitator Jodie Evans, 71, who co-founded Code Pink with Medea Benjamin in 2002 to protest the Iraq War.
In 2020, Evans launched a “China Is Not Our Enemy” campaign, leading a series of webinars on Code Pink’s YouTube page where she praised China’s “beautiful history” and Communist political structure.
Evans is reportedly also under investigation.
The grand jury probe, authorized by Acting Attorney General Todd Blanche and led by U.S. Attorney Jay Clayton in the Southern District of New York, comes as the Trump administration seeks to crack down on financial crimes in the multibillion-dollar nonprofit industry. According to Fox News, Singham has funneled approximately $285 million from China into a U.S. network of leftist and Marxist activist groups, including Code Pink and the People’s Forum, through shell companies and dark money funds.
The Maoist millionaire, according to Fox, has never registered as a foreign agent.
Federal prosecutors have reportedly issued grand jury subpoenas seeking bank records and financial documents to determine whether criminal charges are warranted.
Treasury Secretary Scott Bessent recently traveled to New York City to meet with Goldman Sachs Chairman and CEO David Solomon and discuss the company’s philanthropic arm, GS Donor Advised Philanthropy Fund For Wealth Management (GS DAF), Fox reported.
At that meeting, sources said, Bessent delivered a blunt ultimatum: Goldman Sachs could face scrutiny for alleged conspiracy in the funneling of the Singham money and urged Solomon to cooperate with federal investigators.
Like many U.S. companies, Goldman Sachs has had a long business relationship with the Chinese Communist Party, with Solomon participating in a meeting, for example, on Nov. 4, 2025, with He Lifeng, a member of the Political Bureau of the Communist Party of China Central Committee and director of the Office of the Central Commission for Financial and Economic Affairs.
Solomon pledged his cooperation, according to sources. As previously reported, a Goldman spokesman told Fox News Digital that the company terminated its relationship with SIngham in February 2024 following an initial round of public scrutiny about his donations to far-left causes.
Federal prosecutors, according to Fox News investigative reporter Asra Nomani, are analyzing the three-tiered financial structure of Singham’s alleged money laundering: placement, layering and integration.
STEP 1: ALLEGED PLACEMENT
According to the reporting, approximately $278 million entered the U.S. financial system through three entities:• Mutod LLC — $164,040,000
• GS Donor Advised Philanthropy Fund for Wealth Management Inc. (Goldman Sachs) — $110,376,701
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• Likewise Conceptions LLC — $3,500,000
STEP 2: ALLEGED LAYERING
Those funds were then allegedly routed through six nonprofit organizations:• $167,540,000 to People’s Support Foundation Ltd., a 501(c)(3) nonprofit established with a hotel address in 2017 in Chicago and Singham’s wife, Evans, on the board.
• $68,748,701 to Justice and Education Fund Inc., a 501(c)(3) established with a UPS Store address in 2018 in New York City with self-avowed communists, including Manola De Los Santos, on the board.
• $22,440,000 to People’s Forum Inc., a 501(c)(3) established in 2017 on W. 37th Street in New York City with Evans and De Los Santos on the board.
• $16,760,000 to Tricontinental Ltd., a 501(c)(3) established in North Hampton, Mass., in 2017 by Singham friend and fellow Marxist ideologue Vijay Prashad.
• $1,330,000 to CodePink Women For Peace, a 501(c)(3) established in 2009 in Marina Del Ray, Calif., by Singham’s wife, Evans, and her friend, Susan Medea Benjamin.
• $1,098,000 to Breakthrough BT Media Inc., a 501(c)(3) established in New York City in 2020 at the People’s Forum headquarters with longtime American communist leader Brian Becker’s son, Ben Becker, as editor-in-chief of its pro-communist propaganda outlet, Breakthrough News.
STEP 3: ALLEGED INTEGRATION
According to the reporting, those organizations then distributed funding and support into a broader activist network that included:
• People’s Welfare Association
• ANSWER Coalition
• Party for Socialism and Liberation
• Numerous organizations operating across Sub-Saharan Africa, Central America, North America and other regions.
The Party for Socialism and Liberation (PSL) describes itself as a revolutionary socialist party that believes “only a revolution can end capitalism and establish socialism.”
In recent years, PSL has helped organize anti-ICE riots, anti-Police protests and Free Palestine demonstrations.
As the main funder of The People’s Forum, Singham, 72, has also bankrolled the “Free Palestine” protests that erupted after 1,400 innocent Israelis were slaughtered by Hamas on October 7, 2023. The People’s Forum works closely with other organizations in including the ANSWER Coalition, all of which have been involved in the anti-Israel protests and anti-ICE riots.
The grand jury investigation comes a year after the House Oversight Committee launched an investigation into Singham over his alleged financial support for PSL.
In June 2025, the Committee issued a formal document request to Singham, warning that if he refuses to appear, he would be subpoenaed , and if he ignored the subpoena, he would be referred to the Justice Department for prosecution.
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