When Americans watched anti-Trump protesters flood the streets, anti-Israel demonstrators shut down college campuses, and Marxist organizers mobilize crowds against the U.S. government, most assumed it was organic. Some of it wasn't. Some of it was funded by a man in Shanghai, wired through shell companies and a Goldman Sachs philanthropy account, structured in the textbook stages of money laundering, and directed at an estimated 2,000 activist groups operating inside America.
That man is Neville Roy Singham. He sold his American software company ThoughtWorks for $785 million, moved to Shanghai, and pumped $285 million into a sprawling network of Marxist, socialist, and communist protest organizations operating inside the United States. The money didn't go to soup kitchens. It went to organize protests against President Trump, America, and Israel — to fuel chaos across the country from a base in Communist China.
Now a federal grand jury in Manhattan has issued subpoenas. U.S. Attorney Jay Clayton for the Southern District of New York is running the probe, authorized by Acting Attorney General Todd Blanche as part of the Trump administration's broader crackdown on fraud, money laundering, and financial crimes in the multibillion-dollar nonprofit industry. The investigation is examining whether Singham, the organizations he funded, or their leaders committed wire fraud, bank fraud, money laundering, or other financial crimes, according to a Fox News Digital investigation by senior editor Asra Nomani.
Most Americans think of foreign influence operations as Russian bots on social media. This is something different — and significantly larger. Fox News mapped $591 million across 223 transactions flowing through 67 core groups between 2017 and 2025. Of that, $278 million flowed directly into organizations investigators say were "sowing discord" inside the United States. For context, $278 million is more than most political action committees spend in an entire election cycle. The difference is that PACs disclose their donors. This money moved in the dark.
The structure followed the three classic stages of money laundering — not by accident. Placement from Shanghai. Layering through intermediary nonprofits. Integration into the activist network. Mutod LLC, a Chicago entity, received $164 million. The GS Donor Advised Philanthropy Fund at Goldman Sachs took in $110 million — giving the operation the institutional legitimacy of one of Wall Street's most prestigious names. A third entity, Conceptions LLC, registered in Crystal Lake, Illinois, received $3.5 million. From there the money fanned out: $167 million to People's Support Foundation, $68 million to Justice and Education Fund, $22 million to People's Forum, $16 million to Tricontinental, and smaller amounts to CodePink and Breakthrough News.
CodePink is where the personal and political merge. Singham married CodePink co-founder Jodie Evans in February 2017 — the same year he sold ThoughtWorks and established the shell corporations. Evans has emerged as a target of the investigation, sitting on the boards of many of the organizations her husband bankrolled. The arrangement is straightforward: husband funds from Shanghai, wife distributes from U.S. boardrooms.
Singham isn't subtle about his loyalties. On November 13, 2025, at the Global South Academic Forum at East China Normal University — a school administered by the Chinese Communist Party — he called the United States "fascist." He delivered that speech from the Golden Tulip Hotel in Shanghai, the city he chose over the country that made him a near-billionaire.
The people running the funded organizations aren't shy about what they believe either. Brian Becker, described as a longtime American communist leader, runs the ANSWER Coalition and the Party for Socialism and Liberation — both recipients of Singham's money. His son Ben Becker serves as editor-in-chief of Breakthrough News, another funded outlet. Vijay Prashad, a Marxist academic, founded Tricontinental. Board member Manola De Los Santos is a self-avowed communist. These aren't labels applied by critics. These are their own descriptions.
Goldman Sachs has tried to distance itself. A spokesperson told Fox News that "all distributions from Mr. Singham's donor-advised fund were made to legal nonprofits" and that its business activity and executive trips to China were "completely unrelated" to the Singham fund. That second statement became awkward when CEO David Solomon joined a Trump delegation to China in mid-May — months after Treasury Secretary Scott Bessent had warned the bank it could "face scrutiny for alleged conspiracy." Solomon had also met with He Lifeng, a member of the Political Bureau of the Communist Party of China Central Committee, in Beijing in November 2025. Goldman stopped making distributions from Singham's fund in August 2023 and closed the account entirely in early 2024. The bank hasn't explained the timing.
The nonprofit structure is what made all of it possible. Tax-exempt status gives foreign-funded influence operations a shield that political organizations don't get. The People's Welfare Association alone reported $12 million in revenues flowing through a structure designed for charities — not ideological infrastructure projects bankrolled from a Communist Party-adjacent base in Shanghai. House Ways and Means Chair Jason Smith has been tracking this from Capitol Hill, where the tax-exempt status of these organizations remains an open question.
A man sells his company for $785 million, moves to Shanghai, calls America fascist, and wires $278 million back into activist groups through shell companies and a Wall Street philanthropy fund. The nonprofit structure gives it a tax shield. The foreign base gives it distance. The Goldman Sachs name gives it legitimacy.
The grand jury will decide what else it gives it.
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