TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    BJP Slams TMC's Kalyan Banerjee for Referring to PoK as ‘Azad Kashmir’, Mocking Security Forces in Parliament

    BJP Slams TMC’s Kalyan Banerjee for Referring to PoK as ‘Azad Kashmir’, Mocking Security Forces in Parliament

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Pakistan Was Forced to Kneel Before India’s Might, Confirms Rajnath Singh

    Pakistan Couldn’t Handle India’s Retaliation, DGMO Pleaded for Truce: Rajnath Singh in Lok Sabha

    BJP Ramps Up Protests Against Congress Plan to Split BBMP

    BJP Ramps Up Protests Against Congress Plan to Split BBMP, Cites Political Conspiracy

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India Bans 25 OTT Platforms

    India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    How to Choose the Best Bank to Open a Savings Account in 2025

    How to Choose the Best Bank to Open a Savings Account in 2025

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Pakistan Was Forced to Kneel Before India’s Might, Confirms Rajnath Singh

    Pakistan Couldn’t Handle India’s Retaliation, DGMO Pleaded for Truce: Rajnath Singh in Lok Sabha

    Pahalgam Attack Mastermind Hashim Musa Eliminated in J&K

    Ex-Pak Para Commando, Pahalgam Attack Mastermind Hashim Musa Eliminated in J&K Encounter

    J&K Encounter Under Operation Mahadev: 3 Lashkar Terrorists Killed, Pahalgam Link Confirmed

    J&K Encounter Under Operation Mahadev: 3 Lashkar Terrorists Killed, Pahalgam Link Confirmed

    Landmark US Tech Transfer: India to Produce V-BAT Drones

    US Origin V-BAT Drones to Be Made in India Under Rare Defence Deal

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    India Rejects Western Pressure: National Interest Over Global Optics

    Should We Switch Off Our Economy? Indian Envoy’s Sharp Response to Question on Russian Oil

    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    From ‘India Out’ to Red Carpet Welcome: The Turnaround

    Modi-Muizzu Meet Yields Breakthrough Pacts, From ‘India Out’ to Red Carpet Welcome: The Turnaround

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Chola Legacy, Modi’s Message: Restoring Dharma in Tamil Political Discourse

    Rajendra Chola to PM Modi: Reclaiming Tamil Nadu’s Forgotten Hindu Civilizational Heritage

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Divya Deshmukh, First Indian to Win FIDE Women’s World Cup

    19-Year-Old Divya Deshmukh Makes History as First Indian Woman to Win FIDE World Cup

    How Rajabet Casino is Innovating Online Betting in India’s Competitive Market?

    India Cautions Citizens in Cambodia Amid Tensions Along Thai Border

    India Cautions its Citizens in Cambodia Amid Tensions Along Thai Border

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    BJP Slams TMC's Kalyan Banerjee for Referring to PoK as ‘Azad Kashmir’, Mocking Security Forces in Parliament

    BJP Slams TMC’s Kalyan Banerjee for Referring to PoK as ‘Azad Kashmir’, Mocking Security Forces in Parliament

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Pakistan Was Forced to Kneel Before India’s Might, Confirms Rajnath Singh

    Pakistan Couldn’t Handle India’s Retaliation, DGMO Pleaded for Truce: Rajnath Singh in Lok Sabha

    BJP Ramps Up Protests Against Congress Plan to Split BBMP

    BJP Ramps Up Protests Against Congress Plan to Split BBMP, Cites Political Conspiracy

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India Bans 25 OTT Platforms

    India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    How to Choose the Best Bank to Open a Savings Account in 2025

    How to Choose the Best Bank to Open a Savings Account in 2025

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Pakistan Was Forced to Kneel Before India’s Might, Confirms Rajnath Singh

    Pakistan Couldn’t Handle India’s Retaliation, DGMO Pleaded for Truce: Rajnath Singh in Lok Sabha

    Pahalgam Attack Mastermind Hashim Musa Eliminated in J&K

    Ex-Pak Para Commando, Pahalgam Attack Mastermind Hashim Musa Eliminated in J&K Encounter

    J&K Encounter Under Operation Mahadev: 3 Lashkar Terrorists Killed, Pahalgam Link Confirmed

    J&K Encounter Under Operation Mahadev: 3 Lashkar Terrorists Killed, Pahalgam Link Confirmed

    Landmark US Tech Transfer: India to Produce V-BAT Drones

    US Origin V-BAT Drones to Be Made in India Under Rare Defence Deal

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    India Rejects Western Pressure: National Interest Over Global Optics

    Should We Switch Off Our Economy? Indian Envoy’s Sharp Response to Question on Russian Oil

    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    From ‘India Out’ to Red Carpet Welcome: The Turnaround

    Modi-Muizzu Meet Yields Breakthrough Pacts, From ‘India Out’ to Red Carpet Welcome: The Turnaround

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Chola Legacy, Modi’s Message: Restoring Dharma in Tamil Political Discourse

    Rajendra Chola to PM Modi: Reclaiming Tamil Nadu’s Forgotten Hindu Civilizational Heritage

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Divya Deshmukh, First Indian to Win FIDE Women’s World Cup

    19-Year-Old Divya Deshmukh Makes History as First Indian Woman to Win FIDE World Cup

    How Rajabet Casino is Innovating Online Betting in India’s Competitive Market?

    India Cautions Citizens in Cambodia Amid Tensions Along Thai Border

    India Cautions its Citizens in Cambodia Amid Tensions Along Thai Border

    • 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

China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

India-China Ties Back on Track? Delhi Reopens Tourist Visas for Chinese Citizens After 5 Years

Indian Army Receives First Apache Attack Helicopters from the US at Hindon Airbase

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

Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar
Legal

Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

28 July 2025

In a curious twist that underscores the often-bewildering nature of grassroots bureaucracy, a Golden Retriever named —Dog Babu, was...

Pakistan Was Forced to Kneel Before India’s Might, Confirms Rajnath Singh
Defense

Pakistan Couldn’t Handle India’s Retaliation, DGMO Pleaded for Truce: Rajnath Singh in Lok Sabha

28 July 2025

In a powerful and emotionally charged address in Parliament, Defence Minister Rajnath Singh delivered a rousing defence of Operation...

Ahead of Operation Sindoor Debate, Congress Faces Dilemma: Veterans Sidelined, Dynasts and Lightweights in Focus
Analysis

Congress’ Operation Sindoor Debate Dilemma: Veterans Sidelined, Dynasts and Lightweights in Focus

28 July 2025

As the Lok Sabha prepares for a high-stakes debate on Operation Sindoor, the Congress Party finds itself in a...

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

Inside the ₹30,000 Cr Tug of War Between Karisma Kapoor and Sunjay’s Family

Inside the ₹30,000 Cr Tug of War Between Karisma Kapoor and Sunjay’s Family

00:04:08

Should the HR&CE Exist? The Controversial Control Over Hindu Temples in Tamil Nadu

00:06:31

Will India Buy F-35s from US or Build Su-57s with Russia? IAF’s Big Push Explained

00:08:32

PM Modi’s Blueprint for Tamil Nadu Begins at Rajendra Chola’s Capital Gangaikonda Cholapuram

00:07:57

One Woman. Two Brothers. Jodidaran- A Living Example of Polyandry in Himachal's Hatti Tribe.

00:05:32
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS, CONTACT US AT info@mashablepartners.com


©2025 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

©2025 TFI Media Private Limited