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_inside-a-3646-million-renewable-energy-swindle.webp "Rhino Onward International, or ROI as it called itself, launched in 2022 with some big promises. The renewables development firm claimed that its “proprietary process and technology” put it in position “to assume the leading role in Green Hydrogen production.” The company said it was building a green hydrogen plant in Arizona that would be worth about $530 million within 5 years, according to marketing materials it shared with investors.<br/><br/>ROI raised $31 million from over 200 investors but apparently only invested $200,000 in the business; the firm’s promoters Paul Croft and J.D. Frost diverted the rest of the investors’ money to themselves and entities they control, according to an investor lawsuit filed in Illinois last month, which cited bank records obtained through subpoenas. Beginning in 2021 until last year, Croft, a 42-year-old entrepreneur living in Chicago, and Frost, a 40-year-old accountant based in Chattanooga, Tennessee, raised approximately $46 million from a series of phony renewables investment schemes, which the pair used to live extravagantly, pay employees at their tax advisory business, pay down short-term loans and even lend money to embattled professional hockey player Robin Lehner, according to allegations in lawsuits, bankruptcy filings, former investors and ex-employees of Croft’s and Frost’s businesses who spoke with Forbes on the record, and others with knowledge of the matter who spoke on the condition of anonymity in order to speak about sensitive information.<br/><br/>0:00 Introduction<br/>0:28 The Founding Of Rhino Onward International<br/>3:34 Who Was Scammed By Croft And Frost?<br/>6:11 Who Are Croft And Frost?<br/>9:21 When Did Investors Figure Out The Scam?<br/>12:17 Embellishing Wealth And Origin Stories<br/>14:26 What's Next?<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/johnhyatt/2024/04/23/anatomy-of-a-46-million-renewable-energy-swindle/?sh=767c07c23c4b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_why-is-my-son-so-ashy-movie.webp "Tiffany La'Ryn")
_family-movie-party-with-orange-rainbow-ghosts-inside-our-house-adley-amp-niko-setup-for-new-movies.webp "A for Adley - Learning u0026 Fun")
⏲ 2 hours 46 seconds 👁 5.7M
_3-things-to-know-about-ashley-tisdale39s-kids.webp "Ashley Tisdale and her husband Christopher French welcomed their first child, Jupiter, in 2021 and are now expecting their second baby together")
_living-at-pirate-island-fish-for-breakfast-and-morning-routine-feeding-dinosaurs-with-adley.webp "Shonduras")
⏲ 26 minutes 24 seconds 👁 7.2M
_candela-obscura-vassal-amp-veil-124-episode-1-124-the-cold-embrace.webp "Critical Role")
⏲ 3 hours 37 minutes 37 seconds 👁 780.9K
_state-of-the-nation-part-1amp-3-5th-birthday-ni-sixto-posibleng-blue-hole-atbp.webp "State of the Nation is a nightly newscast anchored by Atom Araullo and Maki Pulido. It airs Mondays to Fridays at 10:30 PM (PHL Time) on GTV. For more videos from State of the Nation, visit http://www.gmanews.tv/stateofthenation.<br/><br/>#GMAIntegratedNews #KapusoStream #BreakingNews<br/><br/>Breaking news and stories from the Philippines and abroad:<br/>GMA Integrated News Portal: http://www.gmanews.tv<br/>Facebook: http://www.facebook.com/gmanews<br/>TikTok: https://www.tiktok.com/@gmanews<br/>Twitter: http://www.twitter.com/gmanews<br/>Instagram: http://www.instagram.com/gmanews<br/><br/>GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe")
_i-dont-like-black-eyeliner-amp-heres-why.webp "Christxiee")
_wheel-of-fortune-player-was-acting-strangely-with-her-letter-pick-then-pat-sajak-realize-why.webp "Facts Verse")
⏲ 5 minutes 28 seconds 👁 1.2M
_kurt-russell-digs-into-the-one-39monarch-legacy-of-monsters39-action-sequence-that-reminded-him-of-39the-thing39.webp "There’s no shortage of the best Kurt Russell movies, with some of the best entries on that list including Escape from New York, Big Trouble in Little China and Tombstone. And then there’s 1982’s The Thing, the John Carpenter-helmed adaptation of John W. Campbell’s Who Goes There? that saw Russell’s R.J. Macready and his cohorts dealing with a shapeshifting alien in Antarctica. More than 40 years after that flick’s release, and while speaking with CinemaBlend, Russell dug into how one of the action sequences in his new show Monarch: Legacy of Monsters reminded him of The Thing.<br/><br/>Russell was one of the first actors to be added to the Monarch: Legacy of Monsters cast, with Apple TV+ subscribers watching him place Lee Shaw in the 2015 storyline, while his son Wyatt plays Lee during the 1950s. Episodes 3 and 4, titled “Secrets and Lies” and “Parallels and Interiors,” saw Lee and his new, young friends in Alaska fleeing from the Frost Vark, which was the “most challenging” Titan to design for the show.")
⏲ 1:7 👁 1.4M
_the-greatest-baby-in-the-entire-universe.webp "Shonduras")
_granny-neighbor-vs-adley-amp-niko-train-rides-and-doctor-visits-just-another-neighborhood-day.webp "A for Adley - Learning u0026 Fun")
⏲ 26 minutes 👁 19.5M
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