The Federal Trade Commission (FTC) announced that a Florida-based company was ordered to permanently cease operations after it “allegedly defrauded consumers out of millions of dollars with deceptive promises of trucking industry investment opportunities.”
On January 28, 2026, authorities announced that a federal court issued an order banning RivX and associated defendants from engaging in business or investment opportunities. The court also issued an $8.39 million judgment against the defendants.
“RivX falsely claimed that consumers could make tens of thousands of dollars through trucking industry business opportunities. Operations like this not only harm individual consumers who buy in but can influence others’ decisions about whether to invest in legitimate business opportunities,” said Christopher Mufarrige, Director of the FTC’s Bureau of Consumer Protection. “The FTC is committed to protecting America’s workers from business opportunity scams.”
In August 2024, the FTC and the state of Florida issued a complaint against RivX, alleging that the company defrauded investors.
From the FTC:
“…RivX offered consumers the opportunity to invest in the trucking industry, claiming that after consumers pay $75,000 or more, RivX would buy a semi-truck in their name and operate it on their behalf, securing loads, drivers, and managing all the logistics. In its advertising and marketing, RivX often made claims about how much money consumers could earn from the scheme, but according to the complaint, very few ever received trucks, and none were able to recoup their investment, much less make any profit.
The complaint alleged that RivX and its owner Antonio Rivodo and company executive Noah Wooten took in millions of dollars from consumers while failing to provide anything approaching the profits they promised. Based on this alleged conduct, the complaint charged the defendants with violating the FTC Act, FTC’s Business Opportunity Rule, the Consumer Review Fairness Act, and Florida’s Deceptive and Unfair Trade Practices Act. In late August 2024, the court issued a preliminary order shutting down RivX’s operations pending trial.“
The court granted FTC’s request for default judgements against ten defendants, ending litigation against them. The defendants include RivX Automation Corp.; RivX Trucking LLC; RivX Logistics LLC; Maceda Transportation Services, Inc.; C2 Carrier LLC; RivX Global Logistics LLC; Antonio Rivodo; and Noah Wooten as well as relief defendants include Propihub LLC; and RivX Investments LLC.
In a related action, the FTC’s complaint against Diamond Cargo LLC was also settled by a court order. The FTC said that Diamond Cargo LLC received funds or other assets that can be traced directly back to the RivX defendants’ unlawful conduct. “In addition to the $15,000 payment, Diamond Cargo will be required to fully cooperate with and assist in the sale of certain RivX defendants’ trucks,” authorities said.