Treat Nigerian Entrepreneurs like Humans and not Criminals, Free Ping Express executives
Treat Nigerian Entrepreneurs like Humans and not Criminals, Free Ping Express executives
The Issue
l made this petition to make sure that innocent Nigerians are not prejudged and prejudiced because of the bad image of the country. This issue affects Nigerians in diaspora especially in America and we need change now!
Please sign and share with others.
********
We are calling on the United States Government, the US Department of Justice (DOJ), the Department of Treasury, and other well-meaning individuals to interfere in the criminalization of innocent individuals and Ping Express, a FinTech company founded by two Nigerian tech immigrant entrepreneurs and registered in the State of Texas, United States of America.
The company’s founders have impeccable backgrounds and certifications in the finance world and have worked with some of the most credible financial institutions in the world.
Background of PingExpress Executives
Anselm Oshionebo is a Certified Fraud Examiner, a Certified Professional account in the US, and a Chartered Accountant in Nigeria, among other certifications. Before Ping Express, Anslem worked for PricewaterhouseCoopers, creating new training materials, providing instruction on various subjects, consulting, writing thought leadership materials, and working to uphold regulatory standards.
With nearly two decades of finance and accounting experience, Opeyemi Odeyale previously held positions with PricewaterhouseCoopers and Aviva, Lloyds, & Barclays, as well as JP Morgan & Oceanic Capital working in audit, consulting, and corporate finance.
Their company- Ping Express has helped immigrants like me connect with our families back home by allowing us to send money from the comfort of our homes. The company is not a custodian of funds. The Company grants access to its users and pre-funds its transactions.
So many Nigerians are currently in jail for trying to support their families and being accused of receiving funds they believed were legitimately earned. Many Nigerian-owned car dealerships are in jail for having customers who may have stolen funds. People are in jail for being stereotyped as criminals because they are Nigerians.
In March 2020, the US DOJ allegedly indicted the executives of Ping Express for Conspiracy to launder money. However, after extensive investigations, they found that the executives were not involved in money laundering and did not have any personal interaction with their customers. However, the US DOJ insisted that the executives personally plead guilty for the company not having an effective anti-money laundering policies.
The DOJ stated that the executives should have known that a handful of its customers out of 80,000 stole money into their personal bank accounts before using the Ping Express technology. In May 2022, Judge Sam Lindsay asked the DOJ at sentencing what they wanted and agreed to sentence the executives to 27 months imprisonment for not knowing or catching its users who may have defrauded others.
None of the company users lost money and users paid Ping Express from their personal bank accounts after beneficiaries were paid. Any fraud or scam occurred in the user's personal bank account. The bank account of the users had the resources to identify how funds were deposited into its bank accounts and not a merchant like Ping Express. Bank and electronic transactions can be traced and not masked. These same users also used Ping Express’ competition and paid Ping Express competition with cash rather than bank transactions and neither the competition or their executives held liable for this. The banks that were depository institutions and held these funds were not even questioned or fined or indicted.
It’s important to note the following in this matter:
None of the banks have been held liable for accepting funds derived illegally
None of Ping Express's competition has been held liable for similar offenses
No other executives or individuals have been held liable for regulatory or compliance failures of a Company
No other executives have been held liable for offenses or crime committed by its customers
There are no instances where both a Company and its officers were criminally prosecuted for activities of the Company users.
Ping Express has forced the cost of remittance to Nigeria and other African countries from 10% to about 1% or free. The company pioneered bank deposits directly for all beneficiaries, which is now being adopted by most regulators.
A mother of 3 could easily sit at home and send money to their loved ones without taking all three kids to the store. Issues with time zone differences were solved as many immigrants could respond to emergencies back home at any time of the day, even when stores are closed.
Also, transactions with Ping Express were safe from my experience as a user.
The company created job opportunities for Nigerians back home by setting up the first remote customer services, which provided jobs to support their families back home, and it also supported over 80,000 hardworking Nigerians who support their families back home.
Therefore Ping Express executives should not be subject to criminal proceedings or imprisonment for regulatory or compliance issues of the Company.
Also, users of Ping Express were users of the company and not the executives. Hence, Ping Express executives should not be prosecuted or jailed.
Ping Express executives should be treated like other companies with similar regulatory and compliance issues.
Unfair and biased treatment of Nigerians should be stopped and true criminals should be prosecuted and not any Nigerian trying to help and make a living.
By signing the petition, you are calling an end to the criminalization of every Nigerian. Today, every Nigerian could be prosecuted for being a neighbor, friend, service provider or customer of someone else who is a Nigerian and may have committed an offence. Every Nigerian could be prosecuted for helping a friend pay school fees, or buy a car. This attack on innocent and hardworking Nigerians needs to be addressed and brought to an end.
The AUSA Office of Northern District of Texas
John J. de la Garza III, (Prosecutor)
Chad E Meacham United States Attorney for Northen District of Texas
Judge Sam Lindsay
US Department of Justice
US Attorney general
All Media houses - Fox News, CNN, MSNBC
United States Senate
Attorney General of Nigeria
Nigerian Diaspora Commission
Abike Dabiri
Nigeria Consulate Office, Washington DC
1,222
The Issue
l made this petition to make sure that innocent Nigerians are not prejudged and prejudiced because of the bad image of the country. This issue affects Nigerians in diaspora especially in America and we need change now!
Please sign and share with others.
********
We are calling on the United States Government, the US Department of Justice (DOJ), the Department of Treasury, and other well-meaning individuals to interfere in the criminalization of innocent individuals and Ping Express, a FinTech company founded by two Nigerian tech immigrant entrepreneurs and registered in the State of Texas, United States of America.
The company’s founders have impeccable backgrounds and certifications in the finance world and have worked with some of the most credible financial institutions in the world.
Background of PingExpress Executives
Anselm Oshionebo is a Certified Fraud Examiner, a Certified Professional account in the US, and a Chartered Accountant in Nigeria, among other certifications. Before Ping Express, Anslem worked for PricewaterhouseCoopers, creating new training materials, providing instruction on various subjects, consulting, writing thought leadership materials, and working to uphold regulatory standards.
With nearly two decades of finance and accounting experience, Opeyemi Odeyale previously held positions with PricewaterhouseCoopers and Aviva, Lloyds, & Barclays, as well as JP Morgan & Oceanic Capital working in audit, consulting, and corporate finance.
Their company- Ping Express has helped immigrants like me connect with our families back home by allowing us to send money from the comfort of our homes. The company is not a custodian of funds. The Company grants access to its users and pre-funds its transactions.
So many Nigerians are currently in jail for trying to support their families and being accused of receiving funds they believed were legitimately earned. Many Nigerian-owned car dealerships are in jail for having customers who may have stolen funds. People are in jail for being stereotyped as criminals because they are Nigerians.
In March 2020, the US DOJ allegedly indicted the executives of Ping Express for Conspiracy to launder money. However, after extensive investigations, they found that the executives were not involved in money laundering and did not have any personal interaction with their customers. However, the US DOJ insisted that the executives personally plead guilty for the company not having an effective anti-money laundering policies.
The DOJ stated that the executives should have known that a handful of its customers out of 80,000 stole money into their personal bank accounts before using the Ping Express technology. In May 2022, Judge Sam Lindsay asked the DOJ at sentencing what they wanted and agreed to sentence the executives to 27 months imprisonment for not knowing or catching its users who may have defrauded others.
None of the company users lost money and users paid Ping Express from their personal bank accounts after beneficiaries were paid. Any fraud or scam occurred in the user's personal bank account. The bank account of the users had the resources to identify how funds were deposited into its bank accounts and not a merchant like Ping Express. Bank and electronic transactions can be traced and not masked. These same users also used Ping Express’ competition and paid Ping Express competition with cash rather than bank transactions and neither the competition or their executives held liable for this. The banks that were depository institutions and held these funds were not even questioned or fined or indicted.
It’s important to note the following in this matter:
None of the banks have been held liable for accepting funds derived illegally
None of Ping Express's competition has been held liable for similar offenses
No other executives or individuals have been held liable for regulatory or compliance failures of a Company
No other executives have been held liable for offenses or crime committed by its customers
There are no instances where both a Company and its officers were criminally prosecuted for activities of the Company users.
Ping Express has forced the cost of remittance to Nigeria and other African countries from 10% to about 1% or free. The company pioneered bank deposits directly for all beneficiaries, which is now being adopted by most regulators.
A mother of 3 could easily sit at home and send money to their loved ones without taking all three kids to the store. Issues with time zone differences were solved as many immigrants could respond to emergencies back home at any time of the day, even when stores are closed.
Also, transactions with Ping Express were safe from my experience as a user.
The company created job opportunities for Nigerians back home by setting up the first remote customer services, which provided jobs to support their families back home, and it also supported over 80,000 hardworking Nigerians who support their families back home.
Therefore Ping Express executives should not be subject to criminal proceedings or imprisonment for regulatory or compliance issues of the Company.
Also, users of Ping Express were users of the company and not the executives. Hence, Ping Express executives should not be prosecuted or jailed.
Ping Express executives should be treated like other companies with similar regulatory and compliance issues.
Unfair and biased treatment of Nigerians should be stopped and true criminals should be prosecuted and not any Nigerian trying to help and make a living.
By signing the petition, you are calling an end to the criminalization of every Nigerian. Today, every Nigerian could be prosecuted for being a neighbor, friend, service provider or customer of someone else who is a Nigerian and may have committed an offence. Every Nigerian could be prosecuted for helping a friend pay school fees, or buy a car. This attack on innocent and hardworking Nigerians needs to be addressed and brought to an end.
The AUSA Office of Northern District of Texas
John J. de la Garza III, (Prosecutor)
Chad E Meacham United States Attorney for Northen District of Texas
Judge Sam Lindsay
US Department of Justice
US Attorney general
All Media houses - Fox News, CNN, MSNBC
United States Senate
Attorney General of Nigeria
Nigerian Diaspora Commission
Abike Dabiri
Nigeria Consulate Office, Washington DC
1,222
The Decision Makers
Petition created on August 23, 2022