United States of America: Southern District Court of Florida issued ruling against Ecom Genie Consulting LLC, Alpine Management Group Inc., and Vicenza Capital Corp. over deceptive marketing in e-commerce business opportunities (FTC v ECom Genie Consulting et al.) (Case 1:24-cv-23976-RKA)

On 17 July 2025, the U.S. District Court for the Southern District of Florida issued a permanent injunction and monetary judgment against Ecom Genie Consulting LLC, Alpine Management Group Inc., and Vicenza Capital Corp. over deceptive marketing of e-commerce business opportunities and false earnings claims. It was highlighted that the companies engaged in deceptive marketing of e-commerce business opportunities by making false or unsubstantiated earnings claims, violating Section 5 of the Federal Trade Commission (FTC) Act, prohibiting unfair or deceptive acts or practices. It was highlighted that the misleading statements and unfair practices made by the companies resulted in at least USD 13.9 million taken from consumers. The order bans the defendants from involvement in any business opportunity sales or marketing, prohibits deceptive consumer claims, and imposes a nearly USD 14 million penalty. Defendants must surrender commercial real estate interest, other property worth over USD 300,000, and about USD 1.7 million in cash.