Marked as
Last updated - January 28, 2026
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Erie Marketing LLC, tied to a $10 million binary options fraud, used brands like OptionMint and OptionQueen to deceive investors with fake success stories and offshore call centers. Co-owner Jared Davis’s 2023 tax evasion conviction exposed deeper financial misconduct and regulatory violations. The firm operated without SEC or CFTC oversight, raising serious AML concerns.
co-owner
High Risk
Based on the available data, we advise consumers to avoid this Company altogether.
This advisory is based on an aggregate risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.
You are likely to be at great risk by engaging in any sort of consumer-related activity with this entity.
Medium Risk
Based on the available data, we advise employees to be mindful when considering or continuing work with this Company.
This advisory stems from a medium-risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.
Employment with this entity may involve moderate risks.
Based on the available data, we urge investors and bankers to avoid financial involvement with this Company.
This advisory is informed by an aggregate risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.
Engaging in investment or lending activities with this entity poses a substantial risk to your financial interests.
Safe to Onboard
Enhanced Due Diligence required
Do Not Onboard
Monitor adverse media every 6 months
File SAR (Suspicious Activity Report) is warranted
Escalation to compliance committee
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Erie Marketing LLC was implicated in a $10 million binary options scam through brands like OptionMint, OptionKing, and OptionQueen, misleading clients with false profit promises
A 2023 DOJ press release detailed co-owner Jared Davis’s tax evasion conviction tied to Erie Marketing LLC’s fraudulent binary options operations
The company operated unregistered binary options brands, violating SEC and CFTC regulations, and failed to comply with AML/KYC requirements.
Ownership is partially obscured, with Jared Davis as the only confirmed co-owner, and the use of multiple trade names suggests intentional opacity
The company used domains like optionmint.com, optionking.com, and optionqueen.com, which are now inactive or redirected
Erie Marketing LLC was linked to a global binary options fraud network with Israeli affiliates and call centers, per DOJ reports
Regulatory and Compliance Screening
Litigation and Legal Proceedings
Reputational and Adverse Media Risks
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What you see here scratches the surface
We offer reward for actionable intel
Erie Marketing LLC, a binary options firm, had its co-owner sentenced to prison for tax evasion linked to a $6 million fraudulent investment scheme.
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Erie Marketing LLC was accused by the SEC of defrauding investors through misleading options trading schemes.
Erie Marketing LLC’s Jared Davis invoked his Fifth Amendment rights in response to the CFTC’s binary options fraud complaint.
Other Red-Flags and Adverse News
Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.
Known Assets: [Real estate, investments, companies]
Suspicious Transactions
Liabilities: [Bankruptcies, defaults, debts]
Wealth Sources: [Legitimate / Unclear / High-risk]
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Business Model Assessment
All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.
1.3
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Highly experienced
Well-recognized name
Faced allegations of scamming others
Allegedly sold fake silver
Sued multiple times
Unregulated industry
Alarming number of complaints online
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What really seals it for me is the lack of any legitimate regulatory oversight. Operating without SEC or CFTC supervision while soliciting investors is a massive red flag on its own. Combine that with serious AML concerns and it paints a picture of a business that was never built to protect clients, only to extract money as fast as possible.
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Erie Marketing LLC looks like a textbook example of how offshore binary options schemes were packaged and sold to everyday investors. The use of brands like OptionMint and OptionQueen, complete with fake success stories and slick marketing, feels deliberately designed to create false confidence. When you add in offshore call centers pushing high-pressure sales scripts, it stops looking like aggressive marketing and starts looking like coordinated deception.
Using takedowns to silence critics is deeply unethical. And it shows how tech loopholes are exploited by scammers. We need stronger protections against this kind of erasure. The financial fraud is one thing—but the cover-up is worse. I hope this case becomes a warning to others.
Man, this guy really thought he could beat the system. He conned investors using these fake trading platforms that were rigged from the start—think of betting on a slot machine programmed to lose. Then he doubles down by trashing criticism using bogus DMCA notices. Total sleaze move. Glad regulators finally caught up. But it took years and who knows how many poor people lost everything. The lesson? Always dig deeply, check court records, don’t rely on slick marketing. If something smells off, it probably is.
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