Jim "Fergie" Chambers, the Communist centi-millionaire and heir to the massive Cox media fortune, was arrested in Ibiza at the request of the US Justice Department and is awaiting possible extradition on federal charges linked to "international money laundering… with the intent to provide material support to and resources to foreign terrorist organizations," according to The Grayzone on Monday, citing new details from the sealed indictment.
The indictment alleges that Chambers transferred funds from US banks to accounts in Tunisia with the intent to support foreign terrorist organizations.
The Grayzone notes that the sealed indictment has little evidence that Chambers has donated any money to "foreign terrorist organizations." It merely states "Chambers made numerous transfers of funds from banks in the US to banks in Tunisia," where he relocated in late 2023.
Chambers is the founder of the Babochki Collective and a major backer of Stop Cop City, Palestine Action US (later renamed Unity of Fields), and related legal defense efforts. He allegedly funded bail, legal fees, and direct-action campaigns targeting police-training projects and Israeli-linked defense firms, while also building networks with far-left activists.
To note: Mirah Wood sits at the center of Babochki Collective as an "Admin" and is the co-chair of the Democratic Socialists of America's (DSA) Internationalist Committee
A communist and convert to Islam from New York, Chambers has pledged to use his $250 million fortune to fund "revolutionary organizing."
The indictment also alleges that, after fleeing the US in 2023, he transferred about $7.5 million out of the country in order to seek opportunities to provide material support to Hamas, Middle East Eye reported.
There are numerous reports that Chambers has possibly supported or interfaced with designated terrorist groups, including Samidoun, which the US Treasury identified as a "sham charity serving as an international fundraiser for the Popular Front for the Liberation of Palestine (PFLP) terrorist organization," and Middle East Children's Alliance, which has been cited by US and allied governments for links to the PFLP.
Additional US groups he has possibly supported or interfaced with include China-based Marxist Roy Singham's NGO sphere, including ANSWER Coalition, Party for Socialism and Liberation, and Newsclick, as well as student and campus mobilization networks (such as Students for Justice in Palestine) and political prisoner advocacy groups. Chambers' own Berkshire Communists project in Massachusetts has served as a local hub for organizing and arms training within this network.
City Journal's Stu Smith wrote in a recent report, "Chambers is one of the main funders of America's radical Left. His money has flowed to a host of projects in the "anti-imperialism" organizing space," adding, "Chambers claims that he and Singham are effectively the two primary financiers of the US radical left." Despite this, the two have apparently been at loggerheads—a conflict that has now gone public."
https://www.zerohedge.com/political/cox-media-heir-turned-communist-financier-arrested-spain-faces-us-extradition