Binary Options operator Jared Davis (OptionMint, OptionKing) hit with $561K penalty
Jared Davis fraudulently solicited and accepted $10 million from customers in the U. S. and elsewhere to trade off-exchange binary options.
Jared Davis fraudulently solicited and accepted $10 million from customers in the U. S. and elsewhere to trade off-exchange binary options.
What authorities “got” Jared Davis on ultimately wasn’t binary options fraud, but rather large scale tax evasion.
Court has granted a stay of discovery in a CFTC case against operator of fraudulent binary options schemes OptionKing and OptionMint.
The United States Government seeks to intervene and stay the CFTC case against binary options fraudster Jared Davis.