Nothing says "I'm just a regular philanthropist" quite like routing a quarter billion dollars from Shanghai through shell companies and a Goldman Sachs fund into a constellation of socialist activist groups. And yet here we are.
A federal grand jury in Manhattan has issued subpoenas targeting the financial network of Neville Roy Singham, a wealthy IT entrepreneur who apparently sold his software company, moved to China, married a CodePink co-founder, and decided to become everyone's least favorite kind of mystery donor. As Trending Politics reported, the DOJ investigation was authorized by Acting U.S. Attorney General Todd Blanche and is being led by U.S. Attorney Jay Clayton in the Southern District of New York.
According to Fox News, the probe centers on approximately $285 million that made the scenic journey from Shanghai through a Goldman Sachs donor-advised philanthropy fund and two now-defunct shell corporations before arriving at U.S. nonprofits, media operations, and left-wing activist organizations. The breakdown includes roughly $110 million routed to the GS Donor Advised Philanthropy Fund For Wealth Management Inc., about $164 million to something called Mutod LLC, and approximately $3.5 million to Likewise Conceptions LLC. Those last two are now defunct, which is the corporate equivalent of deleting your browser history.
Prosecutors are looking at whether Singham, the funded organizations, or their leaders may have committed wire fraud, bank fraud, money laundering, or other financial crimes. Treasury Secretary Scott Bessent met earlier in 2026 with Goldman Sachs Chairman and CEO David Solomon to discuss the fund's role. A Goldman Sachs spokesperson said all distributions went to legal nonprofits as determined by the IRS, that no distributions have been made since August 2023, and that the account was closed in early 2024. Solomon agreed to cooperate with prosecutors.
Singham founded Thoughtworks, a Chicago-based IT consulting firm, in the late 1980s. He sold it in 2017 to private equity firm Apax Partners for approximately $785 million, which is a lot of custom software money. After cashing out, he relocated to Shanghai, married Jodie Evans (co-founder of CodePink), and began funding a network that includes The People's Forum, Tricontinental, BreakThrough News, CodePink Women for Peace, the ANSWER Coalition, and the Party for Socialism and Liberation. On a personal note, Singham has publicly called for a "new world order" and referenced strategies associated with Mao Zedong in speeches. You know, normal hobby stuff.
The grand jury has sought bank records and financial documents from organizations in the network. The probe builds on prior congressional oversight by the House Ways and Means Committee. Singham has not publicly responded to repeated requests for comment, which at this point is probably the smartest thing he has done since selling his company.
Say what you will about the man, but building a nearly billion-dollar tech firm just to funnel the proceeds from China into American socialist groups through shell companies and a Goldman Sachs fund is certainly a unique retirement plan.
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