Overview
- A Manhattan federal grand jury was empaneled Monday and prosecutors have presented evidence while issuing subpoenas seeking bank and financial records tied to Neville Roy Singham’s network.
- Reporting alleges roughly $278 million to $285 million flowed from Singham through a Goldman Sachs donor‑advised philanthropy fund and shell companies before reaching U.S. nonprofits, media outlets, and activist groups.
- The investigation is focused on whether the transactions involved wire fraud, bank fraud or money laundering, but no criminal charges have been filed publicly at this stage.
- Treasury Secretary Scott Bessent met with Goldman Sachs CEO David Solomon to press for cooperation, and sources say Goldman has pledged assistance to investigators.
- The probe builds on March reporting that mapped hundreds of transactions from 2017 onward and notes Singham’s 2017 sale of ThoughtWorks as the source of much funding while also highlighting that coverage of the story is concentrated in right‑leaning outlets that led the reporting.