TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    ED Raid on IPAC Chief Sparks Federal Flashpoint, Raising Serious Questions for India’s Democracy and Centre State Relations

    ED Raid on IPAC Chief Sparks Federal Flashpoint, Raising Serious Questions for India’s Democracy and Centre State Relations

    ‘Is this the Home Minister’s Job?’ Mamata Banerjee Slams Amit Shah Over ED Raids at I-PAC

    ‘Is this the Home Minister’s Job?’ Mamata Banerjee Slams Amit Shah Over ED Raids at I-PAC

    Trump’s 500 Percent Tariff Threat: A Serious Economic and Strategic Blow to India

    Trump’s 500 Percent Tariff Threat: A Serious Economic and Strategic Blow to India

    Shatabdis Set for Phase-Out as Railways Plans 1,500 Vande Bharat Chair Car Coaches

    Shatabdis Set for Phase-Out as Railways Plans 1,500 Vande Bharat Chair Car Coaches

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    US Court Served Justice to Byju Raveendran by Reversing $1B Penalty: What’s Next for January 2026?

    US Court Served Justice to Byju Raveendran by Reversing $1B Penalty: What’s Next for January 2026?

    Modern Compensation: How Salary Calculators Shape Global and U.S. Pay Decisions

    Modern Compensation: How Salary Calculators Shape Global and U.S. Pay Decisions

    How to Choose the Best Comprehensive Bike Insurance Policy for Your Two-Wheeler

    How to Choose the Best Comprehensive Bike Insurance Policy for Your Two-Wheeler

    Smart Investment Planning: Calculating Mutual Fund SIP Growth Easily

    Smart Investment Planning: Calculating Mutual Fund SIP Growth Easily

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Navy Ship

    Indian Navy Eyes Historic Fleet Expansion as 19 Warships Set for 2026 Induction

    Representational Picture

    Arihant-Class Nuclear Submarine S4* Likely to Be Named INS Arisudan

    Astra Mk1 and ASRAAM

    Tejas Mk1A Clears Full Air-to-Air Missile Envelope with Astra Mk1 and ASRAAM

    EXCLUSIVE: CAT Scraps DRDO Order Appointing BrahMos DG & CEO; Calls Selection Process Arbitrary

    EXCLUSIVE: CAT Scraps DRDO Order Appointing BrahMos DG & CEO; Calls Selection Process Arbitrary

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    PM Modi and President Trump

    Trump Turns the Trade Screw on India, While Washington’s Hemisphere Threats Grow Louder

    Iran Anti-Regime Protesters Set Fire to the Statue of Qasem Soleimani

    Iran Anti-Regime Protesters Set Fire to the Statue of Qasem Soleimani

    Gwadar’s Oil Depots: A New Frontline on Pakistan’s Coast

    Gwadar’s Floating Oil Depots Are Turning Pakistan’s Coast into a Conflict Frontline

    Hangor-Class Submarine

    Pakistan Navy Launches Fourth Hangor-Class Submarine ‘Ghazi’ in China

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    From Shaheedi to Silence: Remembering the Sikh Gurus While Punjab Quietly Changes Its Faithscape

    From Shaheedi to Silence: Remembering the Sikh Gurus While Punjab Quietly Changes Its Faithscape

    Veer Bal Diwas: Christmas and New Year’s celebrations are all right but let us not forget the sacrifices of the Sahibzadas

    Veer Bal Diwas: Christmas and New Year’s celebrations are all right but let us not forget the sacrifices of the Sahibzadas

    How Atal Bihari Vajpayee Carried Hindi to the United Nations, Amplified India’s Voice on Global Stage

    How Atal Bihari Vajpayee Carried Hindi to the United Nations, Amplified India’s Voice on Global Stage

    Mahatma Gandhi at an RSS Training Camp: A First-Hand Experience

    December 25 | On This Day in History — Mahatma Gandhi at an RSS Training Camp: A First-Hand Experience

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Mobile Betting Guide: How to Use Parimatch App on Android and iOS

    Mobile Betting Guide: How to Use Parimatch App on Android and iOS

    Timeless Birthday Gifts: How to Pick Gifts Based on Personality and Interests

    Timeless Birthday Gifts: How to Pick Gifts Based on Personality and Interests

    Download Tongits Today and Experience the Game Your Way

    Download Tongits Today and Experience the Game Your Way

    Elevating the Standard of Online Entertainment: A Comprehensive Look at a Premier Gaming Brand

    Elevating the Standard of Online Entertainment: A Comprehensive Look at a Premier Gaming Brand

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    ED Raid on IPAC Chief Sparks Federal Flashpoint, Raising Serious Questions for India’s Democracy and Centre State Relations

    ED Raid on IPAC Chief Sparks Federal Flashpoint, Raising Serious Questions for India’s Democracy and Centre State Relations

    ‘Is this the Home Minister’s Job?’ Mamata Banerjee Slams Amit Shah Over ED Raids at I-PAC

    ‘Is this the Home Minister’s Job?’ Mamata Banerjee Slams Amit Shah Over ED Raids at I-PAC

    Trump’s 500 Percent Tariff Threat: A Serious Economic and Strategic Blow to India

    Trump’s 500 Percent Tariff Threat: A Serious Economic and Strategic Blow to India

    Shatabdis Set for Phase-Out as Railways Plans 1,500 Vande Bharat Chair Car Coaches

    Shatabdis Set for Phase-Out as Railways Plans 1,500 Vande Bharat Chair Car Coaches

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    US Court Served Justice to Byju Raveendran by Reversing $1B Penalty: What’s Next for January 2026?

    US Court Served Justice to Byju Raveendran by Reversing $1B Penalty: What’s Next for January 2026?

    Modern Compensation: How Salary Calculators Shape Global and U.S. Pay Decisions

    Modern Compensation: How Salary Calculators Shape Global and U.S. Pay Decisions

    How to Choose the Best Comprehensive Bike Insurance Policy for Your Two-Wheeler

    How to Choose the Best Comprehensive Bike Insurance Policy for Your Two-Wheeler

    Smart Investment Planning: Calculating Mutual Fund SIP Growth Easily

    Smart Investment Planning: Calculating Mutual Fund SIP Growth Easily

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Navy Ship

    Indian Navy Eyes Historic Fleet Expansion as 19 Warships Set for 2026 Induction

    Representational Picture

    Arihant-Class Nuclear Submarine S4* Likely to Be Named INS Arisudan

    Astra Mk1 and ASRAAM

    Tejas Mk1A Clears Full Air-to-Air Missile Envelope with Astra Mk1 and ASRAAM

    EXCLUSIVE: CAT Scraps DRDO Order Appointing BrahMos DG & CEO; Calls Selection Process Arbitrary

    EXCLUSIVE: CAT Scraps DRDO Order Appointing BrahMos DG & CEO; Calls Selection Process Arbitrary

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    PM Modi and President Trump

    Trump Turns the Trade Screw on India, While Washington’s Hemisphere Threats Grow Louder

    Iran Anti-Regime Protesters Set Fire to the Statue of Qasem Soleimani

    Iran Anti-Regime Protesters Set Fire to the Statue of Qasem Soleimani

    Gwadar’s Oil Depots: A New Frontline on Pakistan’s Coast

    Gwadar’s Floating Oil Depots Are Turning Pakistan’s Coast into a Conflict Frontline

    Hangor-Class Submarine

    Pakistan Navy Launches Fourth Hangor-Class Submarine ‘Ghazi’ in China

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    From Shaheedi to Silence: Remembering the Sikh Gurus While Punjab Quietly Changes Its Faithscape

    From Shaheedi to Silence: Remembering the Sikh Gurus While Punjab Quietly Changes Its Faithscape

    Veer Bal Diwas: Christmas and New Year’s celebrations are all right but let us not forget the sacrifices of the Sahibzadas

    Veer Bal Diwas: Christmas and New Year’s celebrations are all right but let us not forget the sacrifices of the Sahibzadas

    How Atal Bihari Vajpayee Carried Hindi to the United Nations, Amplified India’s Voice on Global Stage

    How Atal Bihari Vajpayee Carried Hindi to the United Nations, Amplified India’s Voice on Global Stage

    Mahatma Gandhi at an RSS Training Camp: A First-Hand Experience

    December 25 | On This Day in History — Mahatma Gandhi at an RSS Training Camp: A First-Hand Experience

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Mobile Betting Guide: How to Use Parimatch App on Android and iOS

    Mobile Betting Guide: How to Use Parimatch App on Android and iOS

    Timeless Birthday Gifts: How to Pick Gifts Based on Personality and Interests

    Timeless Birthday Gifts: How to Pick Gifts Based on Personality and Interests

    Download Tongits Today and Experience the Game Your Way

    Download Tongits Today and Experience the Game Your Way

    Elevating the Standard of Online Entertainment: A Comprehensive Look at a Premier Gaming Brand

    Elevating the Standard of Online Entertainment: A Comprehensive Look at a Premier Gaming Brand

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

‘$1.5 billion received from ponzi scheme,’ China funding Myanmar terror group by defrauding its own people?

Chinese people have no idea where their money is going

Amit Agrahari by Amit Agrahari
11 July 2020
in Trending
china myanmar uwsa
Share on FacebookShare on X

As per various reports, Chinese businessmen are defrauding its own people to fund the terrorist organizations in Myanmar which have waged war against the government. Crisis Group, a Belgium based think tank which specializes in conflict watch, reported that a Chinese businessman defrauded a million Chinese investors through a Ponzi scheme to provide financial support to United Wa State Army (UWSA), Myanmar’s largest ethnic armed group.

Between 2014 and 2016, the Chinese businessman earned 7.6 billion dollars by defrauding Chinese investors and gave 1.5 billion dollars to a Myanmar based terrorist group. Given the fact that Chinese government actively supports funding of Myanmar based terrorist organizations, the state took no action against funding of a terrorist organization by the businessman.

RelatedPosts

6 Years Ago, Here’s How China’s Political System Turned A Local Outbreak Into A Global Pandemic

Pakistan Navy Launches Fourth Hangor-Class Submarine ‘Ghazi’ in China

India Cancels NOTAM Again! Is This a Tactic to Mock China’s Spy Ships?

Load More

“The United Wa State Army (UWSA), Myanmar’s largest ethnic armed group, received massive private financial support from a Chinese businessman – as much as $1.5 billion, according to Chinese media reports – through a Ponzi scheme that defrauded nearly a million Chinese investors of some $7.6 billion from 2014 to 2016. Chinese authorities cannot have been unaware of such large transfers to an armed group it had close relations with,” reads the report by International Crisis Group.

Last month Myanmar Army spokesperson alleged “one foreign country” is providing sophisticated arms and financial support to Myanmar based insurgent groups. Brig Gen Zaw Min Tun, the spokesperson for Tatmadaw (Myanmar military), said that Arakan Army, Ta’ang National Liberation Army, the Kachin Independence Army the Shan State Army-North, and United Wa State Army (UWSA) – all of which are ethnic rebel armies based in Myanmar’s northern province which share border with China’s Yunnan province- are being supported by Chinese businessmen and the Chinese Communist Party.

U Min Zaw Oo, executive director of Myanmar Institute for Peace and Security, said that most of the weapons used by ethnic armed rebel groups, are made in China. “There are two ways of arms trade,” he said. “Authorities of Yunnan Province and the armed groups might have economic connections. Some corrupt authorities might sell the arms to the groups. Another way is allowing the trade of arms in the black market,” he added.

Chinese Communist Party has special affection towards United Wa State Army (UWSA), armed wing of United Wa State Party (UWSP), which is a secessionist party of Wa people, an ethnic minority group in Northern Myanmar. UWSA was formed in 1989 after the collapse of Communist Party of Burma- which Communist Party of China actively supported. After the collapse of CPB, Chinese government placed its bet on UWSA, the largest ethnic armed force with 20,000-25,000 soldiers.

The official ideology of UWSA is Wa nationalism and Maoism. UWSA was in peace with Myanmar Army for the last three decades but it never severed ties with other armed ethnic groups like- Arakan Army, Ta’ang National Liberation Army, the Kachin Independence Army the Shan State Army-North, against whom Myanmar government is fighting a war. UWSP is the ruling party of Wa State although Myanmar government never recognized its sovereignty over the territories. The regions administered by UWSP are one party socialist state, just like China.

The Communist government of China has been an outspoken supporter of UWSP, and its leader Bao Youxiang. “In the mould of Xi Jinping, Bao is the head of the army, party and government and has been confirmed in those positions for life,” Bangkok-based security analyst Anthony Davis told AFP.

“The UWSA is the largest non-state military actor in East Asia,” Davis said, adding it “has unquestionably been armed by China” despite producing its own China-designed rifles.

This shows that China has little respect for sovereignty of neighboring nations and it actively supports terrorist groups which wage war against government of neighboring nations. Even if the Chinese Communist Party has to loot its own people to finance terror operations in neighboring state, as in UWSA case, it would not hesitate.

Tags: ChinaMyanmar
Share210TweetSend
Previous Post

‘Why kill innocent? What about the secrets?’ Killing of Vikas Dubey garners mixed reactions from opposition

Next Post

Turkey takes over ‘Church’ Hagia Sophia to turn it into a mosque, lobby that cried for Babri Masjid falls silent

Related Posts

ED Raid on IPAC Chief Sparks Federal Flashpoint, Raising Serious Questions for India’s Democracy and Centre State Relations
Trending

ED Raid on IPAC Chief Sparks Federal Flashpoint, Raising Serious Questions for India’s Democracy and Centre State Relations

8 January 2026

The Enforcement Directorate raid at the residence of Indian Political Action Committee, IPAC chief Prateek Jain in Kolkata has...

‘Is this the Home Minister’s Job?’ Mamata Banerjee Slams Amit Shah Over ED Raids at I-PAC
Trending

‘Is this the Home Minister’s Job?’ Mamata Banerjee Slams Amit Shah Over ED Raids at I-PAC

8 January 2026

West Bengal Chief Minister Mamata Banerjee on Thursday accused the Centre of pursuing political vendetta and misusing central agencies...

Trump’s 500 Percent Tariff Threat: A Serious Economic and Strategic Blow to India
Trending

Trump’s 500 Percent Tariff Threat: A Serious Economic and Strategic Blow to India

8 January 2026

The United States has signaled a sharp escalation in its approach toward countries continuing to buy Russian oil, and...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

Trump makes false apache deal claims, runs down India US relations

Trump makes false apache deal claims, runs down India US relations

00:05:44

Captured Turkish YIHA drone Showed by the Indian Army |Defence News| Operation Sindoor

00:00:58

A War Won From Above: The Air Campaign That Changed South Asia Forever

00:07:37

‘Mad Dog’ The EX CIA Who Took Down Pakistan’s A.Q. Khan Nuclear Mafia Reveals Shocking Details

00:06:59

Dhurandar: When a Film’s Reality Shakes the Left’s Comfortable Myths

00:06:56
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Contact Us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap

©2026 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2026 TFI Media Private Limited