On June 29, 2022, the Department of Justice press release cited that entrepreneur Neil Suresh Chandran was indicted for investment fraud that involved over 10,000 “victims” from June 2018 to present in the amount of $45 million. As follows and in short, the indictment also alleged that Chandran falsely:

• promised extremely high returns on the premise that one or more of his companies, operated under the banner of ViRSE, was about to be acquired by a consortium of wealthy buyers.
• that Chandran provided materially false and misleading information to one individual, “Individual 2,” a then-resident of Lincoln, Nebraska, who passed the information along to another individual, “Individual 1,” a resident of Palm City, Florida.

+ Individual 1 marketed the investment opportunity to thousands of current and prospective investors through email updates and conference calls under the name “CoinDeal” or “Coin Deal.”

+ Chandran caused Individual 1 and Individual 2 to make various materially false and misleading representations, including that:

(a) investors in Chandran’s companies would soon receive extremely high returns when one or more of those companies was purchased by a group of wealthy buyers;

(b) investor funds would be used for normal expenses to keep the companies operating until they were purchased, and

(c) prominent business figures, including two notable billionaires, were involved in the purchase.

Read the Department of Justice Criminal Charge here:
https://www.justice.gov/criminal-vns/case/united-states-v-neil-chandran

Read the Indictment filed on June 14, 2022 here:
https://www.justice.gov/criminal-vns/file/1516481/download

To the contrary, the above is written under the assumption that all involved are victims, when in fact it is just the perception of only 171 of the so-called 10,000 (as the Judge at the hearing stated) disgruntled, impatient and evil people. Every person involved in this matter were fully aware of the non-guaranteed pledges they made and fully made their own decision to participate. Each participant was fully informed and aware, as most were required to sign an agreement attesting to the non-guarantee of same.

Key Points

1. This legal process at hand does not express the views of all concerned. In particular, Neil Suresh Chandran Supporters (“the People”) have not had the opportunity to have our voices heard in FULL SUPPORT of the falsely accused Neil Suresh Chandran.

2. To clarify, the People, a great number of us are not investors and we do not agree with the arrest, detainment, or incarceration of Neil Suresh Chandran or the way he is being treated by authorities. He is innocent until proven guilty. He should be released.

3. It should be noted that while the indictment states that the People are victims of Mr. Chandran, the People only learned about the name Neil Suresh Chandran within the last few months, as the detailed facts of the Coin Deal was not disclosed – we operated on our own, fully aware of the outcome, a non-guaranteed outcome.

4. While one may conclude that this process will be for the good of all concerned, it is not in the best interest of the public, but in the best interest of the governmental agencies who will reap the fines sought from the charges.

5. There are no facts implicating Mr. Chandran’s inability to close the acquisition without the use of the collateralized loans that the People voluntarily pledged to participate in.

6. Maxims of Law 1, 2, 4, 9 & 10 are provided for your perusal below, and all matters thereon should be adhered to accordingly.

1. In dubio pro reo – “When in doubt, in favor of the defendant.” A maxim meaning that, when the applicable laws or the relevant facts are unclear or ambiguous, all doubt should be resolved in a manner favorable to the defendant.

2. Tutius Semper Est Errare Acquietando Quam In Puniendo - It is always safe to err in aquitting, than punishing. It is better that 10 guilty persons escape than one innocent person suffer.

4. Nullum Crimen Sin Lege Nulla Poena Sine Lege - There is no crime without a law, there is no penalty without a law. No one shall be held guilty of any penal offense on account of any act or omission, which did not constitute a penal offense under national or international law at the time when it was committed.

9. Ignorantia Legis Non Excusat - Ignorance of law excuses not. Nobody is thought to be ignorant of the law. Nemo censetaur ignorate legem - Everyone is presumed to know the law and its consequences.

10. Ignorantia Facti Excusat - Ignorance of a fact excuses. Any act done under a mistake impression. The rule “ignorance of the law is no excuse” really means that people can't defend their actions by claiming they didn't know the law.

In summary, this Petition is in full support of the release of incarceration for Neil Suresh Chandran, and the release of all of his assets that has been seized. The indictment as cited does not reflect the majority of those concerned and is at best not done in due process of the law, as the People are innocent until proven guilty.

In final, All signatures on this petition agree with the above expressed statements.

We do not believe the U.S. Department of Justice is operating in good faith or in the interest of the people.

Thank You for your support in signing this urgent Petition to Release Neil Suresh Chandran aka the NEIL WATCH PROJECT.

The Neil WATCH Project