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An intelligence expert warned that far-left sugar daddy Neville Roy Singham’s dark money network is a threat to national security, and said an ongoing federal grand jury probe into the China-based tech tycoon’s funding of socialist, communist and Marxist organizations is warranted.
Adam Sohn, co-founder and CEO of the Network Contagion Research Institute, said Singham’s network is funneling hundreds of millions of dollars into nonprofit political advocacy organizations, including the People’s Forum, Breakthrough news, Tri-Continental, the Party for Socialism and Liberation. Those groups are mounting highly choreographed protests across the nation over a variety of left-wing causes and issues.
“Without his money, these nonprofits have no reason for existence,” Sohn said. “I think Americans are seeing what this ecosystem looks like in the streets of our country. These aren’t protests, it’s coordinated chaos and attacks on infrastructure.”
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Singham, a 72-year-old Marxist who sold his tech company for $800 million in 2017 and now lives in Shanghai, is known to fund pro-Chinese Communist Party groups that operate in the U.S. He has funneled $278 million into the broad network of nonprofits since 2017, according to a Fox News Digital investigation. These groups regularly organize and participate in anti-ICE, anti-Israel and pro-Iran demonstrations.
Fox News Digital reported last week that Acting U.S. Attorney General Todd Blanche authorized a grand jury in Manhattan to issue subpoenas as part of a probe of Singham’s financial network. The investigation was 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.
Singham hasn’t responded to repeated requests for comment from Fox News Digital.
Nonprofits in Singham’s network mobilize agitators across the country to engage in demonstrations, including some which have resulted in clashes between federal and local law enforcement.
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Sohn said Singham’s network has also fought against the building of data centers and the advancement of artificial intelligence in the U.S. While environmental concerns are usually cited by opponents of the data centers, proponents say blocking them could put the U.S. behind China in the AI race.
Researchers at the Bitcoin Policy Institute released a report last week that said an estimated $23.6 billion in proposed AI and data center investment has been delayed, scaled back or blocked in campaigns where the Party for Socialism and Liberation served as “a critical mobilizer.”
Sohn said his organization has provided information to the Southern District of New York surrounding the foreign-backed influence on U.S. AI policy.
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“They’re functioning as unregistered foreign agents, [with] ties to Venezuela, ties to Iran, North Korea, Russia, Cuba,” Sohn said. “This same organizing muscle that’s been shutting down bridges, shutting down airports, attacking police officers, they’re now redeployed onto the artificial intelligence the United States is trying to engage in with China and other countries.”
Sohn alleged that his organization “had some recent data that shows that Iranian operatives are formally partnered with the Singham networks,” though Fox News Digital was unable to independently verify the claim.
The federal grand jury probe of Singham is part of a slew of investigations that includes ones launched by Congressional committees and top lawmakers in Washington D.C.
Treasury Secretary Scott Bessent met with Goldman Sachs Chairman and CEO David Solomon in New York earlier this year, where, according to sources familiar with the meeting, he pressed the bank to assist the Justice Department’s investigation into Singham’s financial network.
During the meeting, Bessent warned that Goldman Sachs itself could come under scrutiny over its alleged role in facilitating the movement of Singham’s funds and encouraged Solomon to fully cooperate with federal investigators.
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A source familiar with the meeting told Fox News Digital that the discussion was cordial, not contentious, and that Solomon expressed a willingness to aid the Justice Department’s investigation.
“All distributions from Mr. Singham’s donor-advised fund were made to legally recognized nonprofit organizations, as determined by the IRS, a Goldman Sachs spokesperson told Fox News Digital. “No distributions have been made from the account since August 2023, and it was closed in early 2024.”
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