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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.
Inside A $46 Million Renewable Energy Swindle
⏲ 15:41 👁 10.3M
Ramprasad Saha
DHAKKA ( ধাক্কা )SHORT FILMRAM PRASAD SAHA
⏲ 43 minutes 32 seconds 👁 1.2M
Eagle Movies
Dhaka 86 | Bangla Full Movie | Razzak, Bapparaj, Falguni
⏲ 2 hours 37 minutes 22 seconds 👁 110.5K
Imagine this – sea animals taking to the skies like they own the place! It'd be like a whole new world up there. Picture dolphins doing somersaults through the clouds and whales breaching above the waves. And don't even get me started on flying squids – talk about an aerial acrobatics show! But hey, it's not all fun and games – flying sharks might give you second thoughts about hitting the beach. Still, gotta admit, seeing our underwater buddies spread their wings would be pretty darn cool! ✈️Animation is created by Bright Side.<br/>----------------------------------------------------------------------------------------<br/>Music from TheSoul Sound: https://thesoul-sound.com/<br/> <br/>Check our Bright Side podcast on Spotify and leave a positive review! https://open.spotify.com/show/0hUkPxD34jRLrMrJux4VxV<br/> <br/>Subscribe to Bright Side: https://goo.gl/rQTJZz<br/>----------------------------------------------------------------------------------------<br/>Our Social Media:<br/>Facebook: https://www.facebook.com/brightside<br/>Instagram: https://www.instagram.com/brightside.official<br/>TikTok: https://www.tiktok.com/@brightside.official?lang=en<br/> <br/>Stock materials (photos, footages and other):<br/>https://www.depositphotos.com<br/>https://www.shutterstock.com<br/>https://www.eastnews.ru<br/>----------------------------------------------------------------------------------------<br/> For more videos and articles visit:<br/>http://www.brightside.me<br/> ----------------------------------------------------------------------------------------<br/>This video is made for entertainment purposes. We do not make any warranties about the completeness, safety and reliability. Any action you take upon the information in this video is strictly at your own risk, and we will not be liable for any damages or losses. It is the viewer's responsibility to use judgement, care and precaution if you plan to replicate.
What If Sharks And Other Sea Creatures Moved To The Skies?
⏲ 16:30 👁 2.3M
BanglaVision NEWS
সকাল ৭:৩০টার বাংলাভিশন সংবাদ | Bangla News | 01 May 2024 | 07:30 AM | Banglavision News
⏲ 25 minutes 5 seconds 👁 22K
Anupam Movie Songs
Dhaka Shohor | ঢাকা শহর দিয়া দিমু | Moushumi & Humayun Faridi | Runa & S A Hadi | Sukher Ashay
⏲ 4 minutes 33 seconds 👁 488.9K
watch here new THUNDERCATSTeaser Trailer 2025 Henry Cavill Alexandra DaddarioLive Action Concept.Do follow for watching next
THUNDERCATSTeaser Trailer 2025 Henry Cavill Alexandra DaddarioLive Action Concept
⏲ 2:28 👁 7.5M
BanglaVision NEWS
দুপুর ২টার বাংলাভিশন সংবাদ | Bangla News | 01 May 2024| 2:00 PM | Banglavision News
⏲ 12 minutes 33 seconds 👁 2.5K
Bongo Movies
Bangla Action, Crime Movie Taka ( টাকা দ্যা আলটিমেট ম্যাজিক ) The Ultimate MagicAlamgir, Riaz, So
⏲ 2 hours 35 minutes 10 seconds 👁 909K
Watch footage of China's Zhurong rover moving on the Martian surface. It was captured by a camera the rover deployed on Mars. Also, listen to audio the rover recorded during it deployment onto the surface and descent footage!<br/><br/>Credit: Space.com | footage courtesy: China Central Television / CNSA | produced & edited by Steve Spaleta
China's Rover Moves On Mars
⏲ 1:34 👁 465K
Live Tech
Jhakanaka (Item Song) | Bappy Chowdhury | Achol | DJ Sohel | Daag Hridoye Bangla Movie 2019
⏲ 4 minutes 7 seconds 👁 7.2M
Tiger Media
Tikatuli | Dhaka Attack | Arifin Shuvoo | Mahi | Sanju | Mimo | Dipankar Dipon | Tanjil Alam
⏲ 4 minutes 34 seconds 👁 10.6M
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