The Federal Trade Commission (FTC) and the State of Florida successfully requested a federal district court to permanently shut down RivX, a company that allegedly defrauded consumers out of millions with false promises of lucrative trucking industry investments.

The court's order prohibits the defendants from engaging in any business or investment opportunities and imposes an $8.39 million judgment against them. This case was part of the FTC's ongoing efforts to combat deceptive labor-market practices that harm American workers.

RivX had claimed that consumers could earn significant profits by investing in trucking operations, requiring payments of $75,000 or more. However, the FTC's complaint revealed that very few consumers received trucks, and none were able to recover their investments.

The court granted default judgments against ten defendants, including RivX Automation Corp. and its executives, Antonio Rivodo and Noah Wooten. The court also ordered additional judgments against relief defendants linked to the unlawful conduct.

In a related case, the FTC settled its complaint against Diamond Cargo LLC, which was found to have received funds from the RivX defendants. Diamond Cargo will pay $15,000 and assist in the sale of certain trucks owned by RivX.