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Zach LaVine shuts down Kings trade rumors with $49 million decision

NY Post
1 month 2 weeks ago
Zach LaVine isn't leaving Sacramento just yet.
Ryan Anderson

YSL’s new menswear shoe collection horrifies onlookers

NY Post
1 month 2 weeks ago
To mark Saint Laurent’s iconic runway show for the Men’s Spring-Summer 2027 collection, designer Anthony Vaccarello introduced a rather … quirky addition to the line — a fully transparent men’s dress shoe.
News.com.au

A-listers like Alicia Keys, Bruce Springsteen pay tribute to legendary mogul Clive Davis: ‘He changed my life forever’

NY Post
1 month 2 weeks ago
“You saw something in me that I was just beginning to see in myself,” Keys recalled, reading a letter to the late music mogul.
Georgia Worrell

Costco receipt ties sicko to baby found dead in California dumpster 17 years later – as she gets ultra light sentence

NY Post
1 month 2 weeks ago
The shocking case began in May 2009, when a man searching through a dumpster for recyclables at an apartment complex discovered the body of a newborn baby girl.
Nina Joudeh

DOJ Grand Jury Probes Neville Roy Singham's Marxist NGO Empire: Report

Zero Rss
1 month 2 weeks ago
DOJ Grand Jury Probes Neville Roy Singham's Marxist NGO Empire: Report

Perhaps we are finally learning why President Trump has taken to Truth Social in recent days to blast the socialists and Marxists who are transforming the Democratic Party into an anti-American movement that seeks to end capitalism and the Western world.

The party's leftward drift became so glaring last week that even top Democrats were forced onto mainstream media to address the party's dangerous shift toward the far-left.

The timing of Trump's Truth Social posts suggests the president may have been briefed on a federal grand jury probe in Manhattan examining alleged financial crimes tied to far-left, China-based tech financier Neville Roy Singham, who has reportedly funneled hundreds of millions of dollars into left-wing nonprofits, media operations, and activist networks that seek to sow chaos and spread communism inside the US.

Interesting https://t.co/HHh8RcM3gI

— Elon Musk (@elonmusk) June 29, 2026

Fox News' Asra Nomani reports that on Monday, U.S. Attorney Jay Clayton for the Southern District of New York, authorized by Acting Attorney General Todd Blanche, is examining whether Singham, NGOs he funded, or their leaders committed wire fraud, bank fraud, money laundering, or other financial crimes.

FIRST ON FOX: A federal grand jury is investigating China-based tech tycoon Neville Roy Singham over alleged financial improprieties involving $278 million that investigators say moved through his financial network over the past decade.

Federal investigators are examining… pic.twitter.com/cqqt9QthU6

— Fox News (@FoxNews) June 29, 2026

Prosecutors have issued subpoenas seeking bank records and other financial documents, according to Nomani's sources.

Nomani's team recently reported that Singham pumped $285 million through a Goldman Sachs donor-advised philanthropy fund and shell entities before it flowed into US nonprofits, while a broader review showed that $591 million flowed across five continents from 2017 through 2025.

More color from the report:

Of that money, Fox News Digital established a documented $278 million flowed directly from Singham into organizations that "sow discord" in the U.S., as House Ways and Means Chair Jason Smith put it earlier this year at a hearing a dynamics called "foreign malign influence."

Singham, who resides in China, has a long track record of assisting far-left entities, such as Code Pink and the Party for Socialism and other socialist NGOs, that oppose U.S. interests and support U.S. adversaries.

According to investigative reports (e.g., New York Times, 2023), Singham has worked closely with pro-CCP propaganda networks targeting the US.

From NYT:

What is less known, and is hidden amid a tangle of nonprofit groups and shell companies, is that Mr. Singham works closely with the Chinese government media machine and is financing its propaganda worldwide.

From a think tank in Massachusetts to an event space in Manhattan, from a political party in South Africa to news organizations in India and Brazil, The Times tracked hundreds of millions of dollars to groups linked to Mr. Singham that mix progressive advocacy with Chinese government talking points.

Nomani's report also stated that Treasury Secretary Scott Bessent recently met with Goldman CEO David Solomon to discuss the bank's philanthropic arm and its role in facilitating some of the transactions.

Nomani detailed Singham's transactions:

Step 1: Alleged Placement

Singham allegedly funneled $278 million from Shanghai into the United States through three key channels — the philanthropic arm of Goldman Sachs and two shell corporations that have since gone defunct.

  1. $164,040,000 to Mutod LLC, a now-defunct shell corporation established in 2017, based in Chicago.
  2. $110,376,701 to GS Donor Advised Philanthropy Fund For Wealth Management Inc., a philanthropy arm of Goldman Sachs, based in New York City.
  3. $3,500,000 to Likewise Conceptions LLC, a now-defunct shell corporation established in 2017, based in Crystal Lake, Ill.

Step. 2: Alleged Layering

The three entities then pumped the $278 million into six nonprofits:

  1. $167,540,000 to People's Support Foundation Ltd., a 501(c)(3) nonprofit established with a hotel address in 2017 in Chicago and Singham's wife, Evans, on the board.
  2. $68,748,701 to Justice and Education Fund Inc., a 501(c)(3) established with a UPS Store address in 2018 in New York City with self-avowed communists, including Manola De Los Santos, on the board.
  3. $22,440,000 to People's Forum Inc., a 501(c)(3) established in 2017 on W. 37th Street in New York City with Evans and De Los Santos on the board.
  4. $16,760,000 to Tricontinental Ltd., a 501(c)(3) established in North Hampton, Mass., in 2017 by Singham friend and fellow Marxist ideologue Vijay Prashad.
  5. $1,330,000 to CodePink Women For Peace, a 501(c)(3) established in 2009 in Marina Del Ray, Calif., by Singham's wife, Evans, and her friend, Susan Medea Benjamin.
  6. $1,098,000 to Breakthrough BT Media Inc., a 501(c)(3) established in New York City in 2020 at the People's Forum headquarters with longtime American communist leader Brian Becker's son, Ben Becker, as editor-in-chief of its pro-communist propaganda outlet, Breakthrough News.

Step 3: Alleged Integration

The six nonprofits then funneled at least $223 million and other forms of support into a global network of organizations including:

  1. People's Welfare Association, a 501(c)(4) established in 2019 with the address of a UPS store in Madison, Wisc., today reporting about $12 million in revenues transformed into grants to undisclosed groups around the world.
  2. Countless unidentified organizations in six regions around the world, including Subsaharan Africa, Central America and even North America, receiving tens of millions of dollars.
  3. The ANSWER Coalition, a communist organization whose Chicago address has been listed as the location of the Green Mill Restaurant, a regular haunt for 20th century gangster Al Capone, whom federal prosecutor Elliott Ness prosecuted and convicted for tax evasion.
  4. The Party for Socialism and Liberation, a loosely-structured organization with shared leadership from the House of Singham, like the Becker father-son duo.

Related:

1. Is There A "Cuba Connection" Behind The Radicalization Of America's Nonprofit Left

2. Troubling Pattern Of Left-Wing Revolutionaries Targeting "Capitalists" Raises Alarm Over Youth Radicalization

3. "Wants To Be More Political Than His Daddy": Alex Soros Plows $103 Million Into Unhinged Democrats Ahead Of Midterms

4. Trump Jokes "I'd Be The Greatest Communist In History" As Democratic Elites Panic Over Socialist Hijack

For the first time, the American people may soon learn why parts of the Democratic Party's left-wing NGO ecosystem have been pushing a socialist revolution and the end of capitalism. These ideas do not appear to have emerged organically. Instead, the grand jury probe into Singham's funding network could expose what appears to be a broader foreign-influence network, with possible financial links potentially stretching through China, Cuba, Europe, and other anti-Western networks.

Tyler Durden Mon, 06/29/2026 - 13:00
Tyler Durden

LA Metro crime is down, but riders aren’t convinced — as they reveal safety hacks

NY Post
1 month 2 weeks ago
Better crime numbers won't fix a broken reputation.
Brad Coleman

Canada World Cup fan’s phone goes flying while doing the wave

NY Post
1 month 2 weeks ago
A Canadian fan accidentally tossed her phone while doing the wave in Canada’s 1-0 win over South Africa on Sunday. Fans around SoFi Stadium started the wave multiple times in the 2026 World Cup’s first knockout-stage game due to long stretches of slow play from both teams. During one of them, a woman wearing a...
Collin Ward

Israeli president urges European leaders to reject boycotts of Jewish state

NY Post
1 month 2 weeks ago
President Isaac Herzog urged European leaders to reject calls for boycotts of Israel, speaking on the second day of a visit to Romania on Monday, saying that “threats will not advance peace. Dialogue will.”
Jewish News Syndicate

Mamdani’s frozen rent will make NYC more unaffordable

NY Post
1 month 2 weeks ago
With Mayor Zohran Mamdani’s supporters exultant over the rent freeze, it’s perhaps rude to point out the many downsides of this latest pander to his voter base.
Eric Kober

USDA blocked from excluding certain ‘junk food’ from SNAP benefits

NY Post
1 month 2 weeks ago
A federal district court ruled that the USDA was outside its legal authority when it restricted certain foods from the Supplemental Nutrition Assistance Program, or SNAP.
Reda Wigle

‘Secret Lives of Mormon Wives’ star Layla Taylor comes out as bisexual, is dating a woman

NY Post
1 month 2 weeks ago
The 25-year-old reality star told Jay Shetty's "On Purpose" podcast listeners on Monday's episode that she is "very proud ... to be out."
mliss1578

‘Secret Lives of Mormon Wives’ star Layla Taylor comes out as bisexual, is dating a woman

NY Post
1 month 2 weeks ago
The 25-year-old reality star told Jay Shetty's "On Purpose" podcast listeners on Monday's episode that she is "very proud ... to be out."
Riley Cardoza

Tether's USDT Jumps To 8.5% Premium In India After Crypto Payment Crackdown

Zero Rss
1 month 2 weeks ago
Tether's USDT Jumps To 8.5% Premium In India After Crypto Payment Crackdown

Authored by Shaurya Malwa via CoinDesk.com,

Raids on crypto payment firms in Bengaluru disrupted the pipeline that feeds dollar-pegged USDT to Indian platforms, pushing its local price more than 8.5% above the dollar, roughly double the usual gap.

The price of Tether's USDT, the largest dollar-pegged stablecoin, has climbed to more than 8.5% above its dollar value on Indian platforms after a government crackdown on crypto payment firms choked off the token's supply into the country.

USDT traded around 102.88 rupees over the weekend against an official dollar-rupee rate of about 94.65, a gap that normally sits between 3% and 4%.

That spread, known as the USDT premium, is the extra amount buyers in India pay for the stablecoin above what a dollar costs through banks, and it widens when local demand outstrips the supply of tokens.

Local publication ET said the squeeze followed action by the Enforcement Directorate (ED), India's financial-crime agency, which searched six premises in Bengaluru on June 17 under the Foreign Exchange Management Act, the law governing cross-border money flows.

The agency is targeting five crypto payment firms it alleges moved more than $265 million in unauthorized cross-border transfers using digital assets.

The ED alleges the firms ran what amounted to an informal remittance channel, with non-resident Indians using USDT in place of bank wires.

Rupees were deposited into company accounts, converted into stablecoins, sent across borders and sold on Indian exchanges, the agency said, sidestepping the paperwork and approvals that formal remittance routes require under FEMA and India's anti-money-laundering law.

The model had operated for about two years, drawing users because stablecoin transfers were faster and cheaper than bank routes and, thanks to the standing premium, converted into more rupees on the way in.

The premium spiked because the crackdown hit supply directly.

After the ED announced its action, market makers and liquidity providers, the firms that source tokens from abroad to sell on local platforms, pulled back on buying USDT overseas, tightening the domestic pool just as the off-ramps feeding it came under pressure. An off-ramp is the route for turning crypto back into local cash.

As such, prominent exchange Coinbase launched direct rupee rails in India last month, easing some reliance on peer-to-peer trades, though the ED's action targets the off-ramp infrastructure that drives the premium.

[ZH: These actions by Indian officials come as their currency collapses and various capital controls - on bullion most recently - are enacted... see here, here, and here.]

Tyler Durden Mon, 06/29/2026 - 12:40
Tyler Durden

California gas prices set for another hike on July 1: ‘Ridiculous’

NY Post
1 month 2 weeks ago
The state excise tax will increase by 2.2 cents per gallon, bringing the total gas tax to 63.4 cents per gallon
Zain Khan

Jennifer Lopez’s nude illusion catsuit is completely covered in tattoos

NY Post
1 month 2 weeks ago
She was a surprise guest at Prime Video’s Obsessed Fest this past weekend.
mliss1578

Adam Driver lists $5M Brooklyn Heights loft as he trades up to A-list building where Matt Damon, Emily Blunt live

NY Post
1 month 2 weeks ago
Adam Driver is staying put in Brooklyn Heights — just moving up in the world. The Oscar-nominated “Marriage Story” star has quietly listed his combined three-bedroom condo at 20 Henry Street in Brooklyn Heights for just under $5 million, The Post has learned.  The move comes just days after Driver shelled out $11.5 million for...
Mary K. Jacob

Canada’s American coach Jesse Marsch on USMNT’s chances vs. Bosnia: ‘I don’t really care’

NY Post
1 month 2 weeks ago
Former USMNT player and current Canada manager Jesse Marsch "[doesn't] really care" whether the United States advances to the Round of 16.
Collin Ward

How to watch Germany vs. Paraguay in World Cup 2026 knockouts: Time, livestream

NY Post
1 month 2 weeks ago
The clash will feature the Group E winners facing off with the third-place team from Group D.
Angela Tricarico

Germany vs. Paraguay prediction, odds: World Cup picks & best bets for Round of 32

NY Post
1 month 2 weeks ago
Julian Nagelsmann and Die Mannschaft won Group E convincingly, backed by a roster of goal-scoring talent.
Mike Turay

‘Reacher’ Season 4 Release Date: When Does ‘Reacher’ Season 4 Come Out?

NY Post
1 month 2 weeks ago
Find out the answers to all your burning questions about 'Reacher' season 4.
mliss1578

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