TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Shivakumar Dismisses Cabinet Reshuffle Talk, Set To Meet Gandhis Amid Leadership Buzz

    Karnataka on Autopilot as Siddaramaiah & Shivakumar Camp in Delhi for CM Post?

    Ex-Pakistan FM Exposed Shielding Global Terrorist

    Ex- Pakistan FM Hina Rabbani Khar Caught on Live TV Shielding US-Blacklisted Terrorist

    Trump clone in India? Kejriwal demands a Nobel prize for himself

    Trump Clone in India? Kejriwal Demands a Nobel Prize for Himself

    Try These 6 High-Protein Vrat-Friendly Foods to Stay Energised

    Fasting This Sawan 2025? Try These 6 High-Protein Vrat-Friendly Foods to Stay Energised

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Simple Legal Steps to Protect Your Brand in India

    Simple Legal Steps to Protect Your Brand in India

    Indian-Origin Tesla CFO Vaibhav Taneja Appointed Treasurer of Elon Musk’s 'America Party'

    Indian-Origin Tesla CFO Vaibhav Taneja Selected Treasurer of Elon Musk’s ‘America Party’

    India’s Forex Reserves Surge Past $700 Billion

    India’s Forex Reserves Surge Past $700 Billion, Close to All-Time Record

    Why GST Search Is Essential For Compliance In Modern Enterprises

    Why GST Search Is Essential For Compliance In Modern Enterprises

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Decoy That Changed the Game: How India's AI-Powered X-Guard Neutralised Pakistani Air Threats

    Rafale Decoy Confused Pakistan Jets During Operation Sindoor, Claims US Veteran Pilot

    India Successfully Tests Indigenous Anti-Submarine Rocket ERASR

    India Successfully Tests Indigenous Anti-Submarine Rocket ERASR, Boosting Navy’s Underwater Capabilities

    Gun-Making Racket Exposed in Aligarh: UP STF Arrests 3

    Gun-Making Factory Busted in Aligarh: UP STF Arrests 3

    Major Arms Seizure in Manipur Hill Districts

    Amid Ongoing Tensions, Security Operation Yields Major Arms Seizure in Manipur Hill Districts

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    26 Global Awards and Counting: Modi Receives Brazil’s Civilian Honour

    PM Modi Honoured with Brazil’s Top Civilian Award, 26th Global Recognition

    Five-Nation Tour: Modi to Visit Namibia, First Indian PM in 30 Years

    Five-Nation Tour: Modi to Visit Namibia, First Indian PM in 30 Years to Boost Mineral, Energy, and Digital Ties

    PM Modi Arrives in Brasilia, 4 Major India-Brazil Deals on Agenda

    PM Modi Arrives In Brasilia, Set for Strategic Talks and 4 Key MoUs

    Netanyahu Nominates Trump for Nobel Peace Prize, Calls It ‘Well Deserved’

    Netanyahu Nominates Trump for Nobel Peace Prize, Calls It ‘Well Deserved’

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    The Beginning of Devotion: History of the First Kanwar Yatra

    The Beginning of Devotion: History of the First Kanwar Yatra 

    Kanwar Yatra: UP Gears Up With Full-Scale Arrangements

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    char dham yatra suspended due to bad weather

    Uttarakhand Suspends Char Dham Yatra Due to Adverse Weather, Prioritizes Pilgrim Safety

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Try These 6 High-Protein Vrat-Friendly Foods to Stay Energised

    Fasting This Sawan 2025? Try These 6 High-Protein Vrat-Friendly Foods to Stay Energised

    say no to alcohol for 6 months

    How Quitting Alcohol for 6 Months Can Transform Your Health

    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    India's Tour of Bangladesh Likely Postponed Amid Political Unrest

    India’s Tour of Bangladesh Likely Postponed Amid Political Unrest

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Shivakumar Dismisses Cabinet Reshuffle Talk, Set To Meet Gandhis Amid Leadership Buzz

    Karnataka on Autopilot as Siddaramaiah & Shivakumar Camp in Delhi for CM Post?

    Ex-Pakistan FM Exposed Shielding Global Terrorist

    Ex- Pakistan FM Hina Rabbani Khar Caught on Live TV Shielding US-Blacklisted Terrorist

    Trump clone in India? Kejriwal demands a Nobel prize for himself

    Trump Clone in India? Kejriwal Demands a Nobel Prize for Himself

    Try These 6 High-Protein Vrat-Friendly Foods to Stay Energised

    Fasting This Sawan 2025? Try These 6 High-Protein Vrat-Friendly Foods to Stay Energised

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Simple Legal Steps to Protect Your Brand in India

    Simple Legal Steps to Protect Your Brand in India

    Indian-Origin Tesla CFO Vaibhav Taneja Appointed Treasurer of Elon Musk’s 'America Party'

    Indian-Origin Tesla CFO Vaibhav Taneja Selected Treasurer of Elon Musk’s ‘America Party’

    India’s Forex Reserves Surge Past $700 Billion

    India’s Forex Reserves Surge Past $700 Billion, Close to All-Time Record

    Why GST Search Is Essential For Compliance In Modern Enterprises

    Why GST Search Is Essential For Compliance In Modern Enterprises

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Decoy That Changed the Game: How India's AI-Powered X-Guard Neutralised Pakistani Air Threats

    Rafale Decoy Confused Pakistan Jets During Operation Sindoor, Claims US Veteran Pilot

    India Successfully Tests Indigenous Anti-Submarine Rocket ERASR

    India Successfully Tests Indigenous Anti-Submarine Rocket ERASR, Boosting Navy’s Underwater Capabilities

    Gun-Making Racket Exposed in Aligarh: UP STF Arrests 3

    Gun-Making Factory Busted in Aligarh: UP STF Arrests 3

    Major Arms Seizure in Manipur Hill Districts

    Amid Ongoing Tensions, Security Operation Yields Major Arms Seizure in Manipur Hill Districts

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    26 Global Awards and Counting: Modi Receives Brazil’s Civilian Honour

    PM Modi Honoured with Brazil’s Top Civilian Award, 26th Global Recognition

    Five-Nation Tour: Modi to Visit Namibia, First Indian PM in 30 Years

    Five-Nation Tour: Modi to Visit Namibia, First Indian PM in 30 Years to Boost Mineral, Energy, and Digital Ties

    PM Modi Arrives in Brasilia, 4 Major India-Brazil Deals on Agenda

    PM Modi Arrives In Brasilia, Set for Strategic Talks and 4 Key MoUs

    Netanyahu Nominates Trump for Nobel Peace Prize, Calls It ‘Well Deserved’

    Netanyahu Nominates Trump for Nobel Peace Prize, Calls It ‘Well Deserved’

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    The Beginning of Devotion: History of the First Kanwar Yatra

    The Beginning of Devotion: History of the First Kanwar Yatra 

    Kanwar Yatra: UP Gears Up With Full-Scale Arrangements

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    char dham yatra suspended due to bad weather

    Uttarakhand Suspends Char Dham Yatra Due to Adverse Weather, Prioritizes Pilgrim Safety

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Try These 6 High-Protein Vrat-Friendly Foods to Stay Energised

    Fasting This Sawan 2025? Try These 6 High-Protein Vrat-Friendly Foods to Stay Energised

    say no to alcohol for 6 months

    How Quitting Alcohol for 6 Months Can Transform Your Health

    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    India's Tour of Bangladesh Likely Postponed Amid Political Unrest

    India’s Tour of Bangladesh Likely Postponed Amid Political Unrest

    • 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

MPs Across Party Lines Push for Bharat Ratna for Dalai Lama, Urge Joint Parliament Address

One Border, Three Adversaries: Indian Army Blasts China-Pakistan-Turkey Axis in Operation Sindoor

India Counters China on Dalai Lama Issue, Ministers to Attend Birthday Event

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

Shivakumar Dismisses Cabinet Reshuffle Talk, Set To Meet Gandhis Amid Leadership Buzz
Politics

Karnataka on Autopilot as Siddaramaiah & Shivakumar Camp in Delhi for CM Post?

9 July 2025

While Karnataka battles rising public grievances, internal discontent, and stagnating governance, Chief Minister Siddaramaiah and Deputy Chief Minister DK...

Ex-Pakistan FM Exposed Shielding Global Terrorist
Trending

Ex- Pakistan FM Hina Rabbani Khar Caught on Live TV Shielding US-Blacklisted Terrorist

9 July 2025

Pakistan's former foreign minister Hina Rabbani Khar faced a moment of utter humiliation on live television when she was...

Try These 6 High-Protein Vrat-Friendly Foods to Stay Energised
Lounge

Fasting This Sawan 2025? Try These 6 High-Protein Vrat-Friendly Foods to Stay Energised

9 July 2025

As Sawan 2025 approaches, devotees across India are getting ready to observe the holy month through prayer, fasting, 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

Rs 15,000 cr gone? Saif Ali Khan's crown crushed by enemy property law

Rs 15,000 cr gone? Saif Ali Khan's crown crushed by enemy property law

00:04:40

Siddaramaiah Sparks Vaccine Theory to Hide Congress Chaos?

00:09:21

Murugan Wave Rattles INDIA Bloc, Triggers Reactionary Meet in Madurai

00:08:10

Rage on stage: why a police officer resigned quit after CM's outburst

00:03:40

Right to religion vs duty to identify: where should India draw the line?

00:04:34
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap

©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