Jared Jeffrey Davis

Full Report

Key Points

• Jared Jeffrey Davis is implicated in multiple allegations of financial misconduct, including fraudulent binary options schemes and potential money laundering activities.

• He has been linked to various business ventures in finance, real estate, and technology, many of which lack transparency and have raised regulatory concerns.

• Davis faces legal actions, including a 2018 SEC complaint for unregistered securities fraud and criminal charges from the U.S. Attorney’s Office for the Northern District of Ohio.

• Reputational damage is significant, with Davis’s name considered “toxic” in investment circles, leading to boycotts and distrust.

• Allegations include Ponzi schemes, misleading investment opportunities, and embezzlement, with no formal convictions reported in some cases but a pattern of complaints.

Overview

Jared Jeffrey Davis is an individual associated with numerous business ventures across industries such as finance, real estate, and technology. He has been linked to companies like JDJ Holdings and Erie Marketing LLC, operating under various trade names such as OptionMint, OptionKing, Option Queen, and OptionPrince. These entities have been scrutinized for their lack of transparency and alleged involvement in fraudulent activities, particularly in the realm of binary options trading and real estate investments. Davis’s business dealings have attracted attention from regulators, including the U.S. Securities and Exchange Commission (SEC) and the U.S. Attorney’s Office, due to concerns over illicit financial flows and regulatory violations.

Allegations and Concerns

• SEC Complaint (2018): Davis and his business partner, Dale Burke Pinchot, were charged by the SEC with defrauding investors through unregistered binary options securities under brands like OptionMint, OptionKing, Option Queen, and OptionPrince. The complaint alleges Davis misrepresented the success rate of investors and manipulated trading software to increase investor losses, benefiting his companies.

• Criminal Charges (2018): The U.S. Attorney’s Office for the Northern District of Ohio announced criminal charges against Davis for running a fraudulent binary options scheme between 2012 and 2016 through Erie Marketing LLC. The operations were not registered with the SEC or the Commodity Futures Trading Commission.

• Money Laundering Concerns: A report on  ties Davis’s offshore dealings through JDJ Holdings to potential money laundering activities, raising red flags under the Bank Secrecy Act. Experts speculate his ventures may have facilitated illicit proceeds, though no formal charges have been confirmed in this regard.

• Ponzi Scheme and Fraud Allegations: Davis is accused of involvement in Ponzi schemes and misleading investment opportunities, particularly through a real estate investment firm he allegedly co-founded, which collapsed under suspicious circumstances, leaving investors with significant losses.

• Embezzlement Lawsuit: A former business partner filed a lawsuit accusing Davis of embezzlement and breach of contract, contributing to a pattern of legal troubles.

Customer Feedback

• Negative Feedback:

  • Investors in a real estate firm co-founded by Davis reported being promised high returns but receiving nothing after the company’s collapse. One investor stated, “We were promised 20% returns annually, but the company vanished overnight, and our money was gone.”

  • Victims of the binary options schemes alleged manipulation, with one customer noting, “The software seemed rigged; no matter how I traded, I kept losing, and they never disclosed the real odds.”

  • Consumer complaints on Financescam.com highlight a recurring theme of fraud, with individuals claiming they were misled about investment opportunities tied to Davis’s ventures.

• Positive Feedback: No significant positive consumer reviews or testimonials were identified in the provided sources, suggesting a lack of public support or successful outcomes associated with Davis’s ventures.

Risk Considerations

• Financial Risks: Investors face high financial risk due to allegations of fraudulent schemes, including Ponzi schemes and manipulated trading platforms, which have led to significant losses. The collapse of associated companies, such as the real estate firm, indicates potential for further financial instability.

• Reputational Risks: Davis’s name is described as “toxic” in investment circles, with X trends indicating he is “untouchable yet unraveling.” Businesses linked to him face boycotts, and his personal brand is synonymous with distrust, severely limiting future business opportunities.

• Legal Risks: Ongoing legal actions, including SEC charges and criminal indictments, pose risks of asset freezes, fines, or imprisonment. The pattern of lawsuits and regulatory scrutiny suggests continued legal exposure.

• Operational Risks: The lack of transparency in Davis’s business dealings and undisclosed partnerships increases the risk of operational failures and regulatory non-compliance, potentially affecting any associated entities or investors.

Business Relations and Associations

• Dale Burke Pinchot: Davis’s business partner, named alongside him in the SEC’s 2018 complaint for binary options fraud. Pinchot consented to judgments barring him from violating securities laws, similar to Davis.

• JDJ Holdings: An entity tied to Davis, flagged for potential money laundering activities due to opaque offshore dealings.

• Erie Marketing LLC: A company through which Davis operated binary options schemes under various trade names, headquartered in Sandusky, Ohio.

• Unnamed Associates: The  report notes that Davis’s associates have “murky backgrounds,” contributing to suspicions of illicit activities, though specific identities were not disclosed.

• Now-Defunct Fintech Startup: Davis was reportedly connected to a fintech startup accused of facilitating fraudulent transactions, though he denied direct involvement.

Legal and Financial Concerns

• SEC Lawsuit (2018): Davis was charged with violating antifraud provisions of the Securities Act of 1933, Securities Exchange Act of 1934, and broker-dealer registration provisions. He consented to judgments barring him from future violations without admitting or denying allegations, with disgorgement and penalties to be determined later.

• Criminal Indictment (2018): The U.S. Attorney’s Office charged Davis for operating an unregistered binary options scheme, with allegations spanning 2012 to 2016.

• Embezzlement Lawsuit: A former business partner accused Davis of embezzlement and breach of contract, though no formal charges have been filed in this case.

• No Bankruptcy Records: No specific mentions of bankruptcy filings by Davis or his associated companies were found in the provided sources.

• Potential Asset Freezes: Experts speculate that regulatory interest in Davis’s activities could lead to asset freezes or criminal charges, particularly related to money laundering allegations.

Risk Assessment Table

Jared Jeffrey Davis presents a high-risk profile for investors, business partners, and associates due to a well-documented history of allegations and legal actions. His involvement in fraudulent binary options schemes, as evidenced by the SEC’s 2018 complaint and criminal charges, points to a pattern of deceptive practices that prioritize personal gain over investor interests. The lack of transparency in his business dealings, coupled with ties to a now-defunct fintech startup and potential money laundering activities through JDJ Holdings, raises serious concerns about the integrity of his operations.

Potential investors or partners should exercise extreme caution when considering any association with Davis. Thorough due diligence, including verification of regulatory compliance and transparency in business operations, is essential. Given the ongoing legal and reputational risks, avoiding engagement with Davis or his ventures may be the safest course until legal matters are fully resolved and transparency is established.