DOJ launches grand jury probe into Marxist mogul Neville Roy Singham's funding of leftist groups

By Fox News · Fox News

FIRST ON FOX: A federal grand jury is investigating alleged financial crimes by Neville Roy Singham, the China-based tech tycoon whose fortune has funded a sprawling network of socialist, communist and Marxist organizations across the U.S. over the last decade. According to sources familiar with the matter, the grand jury in Manhattan has issued subpoenas as part of a probe launched by U.S. Attorney Jay Clayton for the Southern District of New York, one of the country's most powerful districts for federal prosecutions. Acting U.S. Attorney General Todd Blanche authorized the investigation as the Trump administration seeks to crack down on fraud, money laundering and other financial crimes in the multibillion-dollar nonprofit industry. The grand jury action follows a Fox News Digital investigation published in mid-March, documenting how Singham pumped $285 million from his base in Shanghai into a Goldman Sachs philanthropy fund and two shell corporations that then fed the money into a constellation of nonprofit organizations, media operations and activist groups pushing sectarian division, identity politics and support for socialist politicians. The investigation is examining the movement of the money in Singham's financial network and attempting to determine if Singham, the organizations he funded or their leaders committed wire fraud, bank fraud, money laundering or other financial crimes, according to sources familiar with the matter. HOUSE OF SINGHAM: READ FOX NEWS DIGITAL'S 5-PART INVESTIGATION Prosecutors have presented evidence to the grand jury, which has issued subpoenas seeking bank records and other financial documents from organizations in Singham's network. Federal prosecutors use grand jury subpoenas as an investigative tool to compel the production of documents and testimony as they determine whether sufficient evidence exists to pursue criminal charges. Nicholas Biase, spokesman for the U.S. Attorney’s Office for the Southern District of New York, de…