The American people have lost jobs. They’ve watched industries shipped overseas, their towns hollowed out by corporate greed and globalist interests. But most Americans still don’t know the latest betrayal: Both Democrat and Republican state governments are now fueling that collapse with American workers’ retirement savings.
According to India’s Consul General Ramesh Babu Lakshmanan in Atlanta and U.S. Consul General Mike Hankey in India, states like California, Minnesota, New Jersey, New York, Texas, Pennsylvania, Florida and Tennessee have invested over $50 billion directly or indirectly into India. On top of that, the U.S. International Development Finance Corporation has injected another $4 billion.
And this is just the tip of the iceberg. U.S. pension and endowment managers now control $1.8 trillion in assets targeted for even deeper exposure to the Indian economy. Consul General Hankey, who led the “Building Financial Futures” roadshow with India’s Ministry of Finance, called the plan a “win-win.” He boasted that top executives from U.S. public pension funds representing all 50 states had come together to “boost U.S. investment into India.”
“It is going to deliver good returns for hard-working Americans,” Hankey declared. “At the same time, it’s going to enable and accelerate what India is doing as it grows and as its stature in the world grows.”
America’s own diplomats are now championing this offshoring agenda
U.S. Ambassador to India Eric Garcetti has told investors to embrace India as the future: “If you want to see the future, come to India. If you want to feel the future, come to India. If you want to work on the future, come to India.”
India’s ambitions aren’t hidden. As laid out by India’s External Affairs Minister S. Jaishankar, the playbook is simple: “The weaker player solicits or manipulates stronger forces to its advantage”. This is not a defensive posture, but a calculated, opportunistic game; India plays every side, commits to none. The goal isn’t alliances, but leverage.
Jaishankar’s doctrine rejects traditional partnerships, exploits global rivalries and treats the West not as a friend, but as a tool for India’s advancement. As U.S. pension dollars pour into India, American retirees are being forced to bankroll a foreign government that sees them not as allies, but as a means to its own rise.
Ambassadors like Garcetti, after praising India’s economic “miracle,” now frame investment in India as the next patriotic move for Americans looking to leave China behind. But in reality, the only winners are the global investment firms, foreign governments and corporate elites orchestrating the largest transfer of American wealth, jobs and opportunity in recent history.
India’s government, its politicians and corporate backers repeat the same message: To outcompete China, America must build up India. Jaishankar’s own book, “The India Way,” makes it clear that India’s rise is built on exploiting rivalries and drawing in Western capital, never on genuine partnership or shared sacrifice.
Ambassador Eric Garcetti has encouraged deeper ties with India, describing the country as a democratic alternative to China. But the question remains: What is the long-term cost of duplicating the China strategy with another foreign economic giant?
America funds its own decline: U.S. pension cash flows to Indian industry
The United States has become the largest foreign portfolio investor into India making up over 39% of assets under custody for India. These include equities, private equity partnerships, real assets and early-stage ventures that directly or indirectly benefit from offshored U.S. labor and government contracts.
Funds such as Florida’s SBA have committed $300 million to $500 million through Asia Alternatives. California’s CalPERS, alongside pensions in New Jersey and New York, have funded Indian equities, tech hubs and logistics startups through opaque partnerships with Indian capital firms. These platforms often invest in firms that are direct beneficiaries of outsourcing arrangements from American companies.
Trade & Investments: India and South East USA
$300 million in Pennsylvania teacher’s pension funds Invested in troubled firms in India
Fraud and systemic risk: Will Americans ever see those returns?
India’s stock markets have posted record growth, but beneath that boom lies a dark reality. On average, over 400 stock-related fraud complaints were filed daily in 2024. Cyber fraud jumped fourfold and unsanctioned trades by brokers hit record highs.
According to the PwC India 2024 survey, 59% of Indian companies experienced economic fraud, compared to a global average of 41%. Procurement scams, bribery and cyber fraud dominate India’s corporate landscape.
Hankey claims India is “stable” and “transparent.” Yet only 2% of Indian financial influencers are registered and 63% fail to disclose financial ties. India’s securities fraud is not just frequent, it is systemic and even regulators warn that investor trust is on the verge of collapse.
Scam after scam has defrauded U.S. citizens and global investors alike:
- A May 2025 fraud by Dubai-based brokers scammed millions from Indian and U.S. investors before vanishing overnight.
- In 2023, a U.S.-India money laundering network was uncovered, tied to dozens of fake businesses and shell entities.
- The SEC charged Indian billionaire Gautam Adani in a $250 million bribery scheme, accusing him of defrauding American investors.
- From IRS impersonation to tech support and romance scams, Indian nationals have stolen over $10 billion from Americans, targeting especially the elderly and vulnerable.
And the list goes on and on.
India’s Stock Market Mania Sparks Surge in Financial Frauds and Cybercrimes
The investments raise questions of legality, ethics and public trust. And the scale and structure of these investments raise multiple red flags. U.S. fiduciaries are legally obligated to act in the best interest of beneficiaries. Investment decisions must be based on transparency, risk mitigation and long-term security. To date no official has yet explained how funding India’s digital economy, infrastructure and workforce aligns with the economic interests of American workers and retirees.
Yet these funds are being invested in foreign markets with high systemic risk, including:
- Massive cybercrime activity
- High fraud risk
- Lack of FCPA compliance
- Weak consumer protections
- Widespread bribery and procurement scams affecting more than half of surveyed companies
- Investment apps and tech firms under regulatory scrutiny for misleading returns
Worse, many of these investments are funneled through black-box intermediaries like Asia Alternatives, Blackstone and private equity firms that do not disclose their full holdings, leaving pensioners and taxpayers in the dark.
Exporting your future: What America loses every time India wins
This is no longer a trade debate. This is about state-sponsored capital transfer where American cities, schools and workers are stripped of their economic base while foreign governments grow stronger using U.S. dollars.
As American families struggle to pay rent, get healthcare and afford college, their own government is funding India’s rise, not their own. As workers lose jobs to H-1B visa holders, Indian firms grow richer funded by U.S. pension capital. And while Indian billionaires profit, America’s middle class is being erased.
As one Indian official proudly stated, the influx of U.S. pension funds will allow India to “unlock $800 billion in infrastructure development over the next decade.”
That’s $800 billion not invested in American bridges, broadband, manufacturing or workers.
That’s $800 billion diverted from the future of American retirees, children and veterans into the coffers of a foreign state that openly says it wants to replace the West as the global rule-maker.
This is not a partnership. It is a hostile economic takeover sponsored by the very people elected to defend Americans. The final question is not whether this strategy helps India. It clearly does. The question is: Who in Washington will stand up and stop it?
The people responsible for undermining your retirement security, shipping your jobs overseas, and selling out our country for foreign gain are counting on your silence.
Don’t let them get away with it.
Follow my ongoing investigations at WND.com and stay tuned for more exposés uncovering how global power games, foreign manipulation and corrupt policymaking are dismantling America from the inside.