Grand jury investigates Neville Roy Hingham’s donations to Goldman Sachs charitable foundation: report
The U.S. Department of Justice has launched a federal grand jury investigation into alleged financial irregularities by Chinese-American businessman Neville Roy Hingham. Fox News reported that a Manhattan grand jury issued the subpoena as part of an investigation launched by U.S. Attorney Jay Clayton for the Southern District of New York. Acting U.S. Attorney General Todd Branch authorized the investigation as the Trump administration seeks to combat fraud, money laundering and other financial crimes in the multibillion-dollar nonprofit industry.Earlier, Fox News reported that Singham poured $285 million into a Goldman Sachs charity fund and two shell companies from his base in Shanghai, then funneled the funds into a range of nonprofits, media operations and activist groups to promote sectarian divisions, identity politics and support for socialist politicians.“The investigation is examining the flow of funds within Singham’s financial network and attempting to determine whether Singham, the organizations he funded, or their leaders committed wire fraud, bank fraud, money laundering or other financial crimes,” the report said.
‘Goldman Sachs could face scrutiny’
Treasury Secretary Scott Bessant traveled to New York earlier this year to meet with Goldman Sachs Chairman and CEO David Solomon. The two discussed the role of Goldman Sachs Philanthropy, the GS Wealth Management Donor-Advised Charitable Fund, which helped Singham transfer millions of dollars to a network of U.S. nonprofits. Bessant reportedly issued an ultimatum to the CEO, saying Goldman could face scrutiny for allegedly conspiring to divert Singham’s funds.Goldman Sachs has a long-standing business relationship with the Chinese Communist Party, and Solomon has attended meetings, such as a meeting on November 4, 2025 with He Lifeng, a member of the Political Bureau of the Communist Party of China Central Committee and director of the Office of the Central Financial and Economic Commission. A Goldman Sachs spokesperson told Fox Digital News that the firm terminated its relationship with Hingham in February 2024 after the first round of public scrutiny over his donations to far-left causes.
