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8 News Now — Las Vegas
8 News Now — Las Vegas
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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.")
_class-action-lawsuit-alleges-mgm-robbed-customers-pennies-at-a-time.webp "8 News Now — Las Vegas")
_lawsuit-filed-against-mgm-resorts-international-over-data-breach.webp "8 News Now — Las Vegas")
_2025-hyundai-tucson-xrt-exterior-design.webp "Hyundai unveiled its thoroughly refreshed 2025 Tucson SUV in a North American reveal at the New York International Auto Show. The updated 2025 Tucson continues to build upon its successful Sensuous Sportiness design identity with a more commanding front and rear appearance, updated lighting signatures, new alloy wheel designs and a significantly redesigned interior. A plethora of new and enhanced driver comfort, convenience and safety technologies have also been added. 2025 Tucson 2.5L models will arrive at U.S. dealerships in June, while 1.6L turbo hybrid and plug-in hybrid models will be available late summer.<br/><br/>The 2025 Tucson presents an evocative, bold appearance with ‘Parametric Dynamics’ design language and kinetic, jewel-like surface detailing that ensures its distinct identity in today’s crowded SUV marketplace. For 2025, revised exterior styling imbues Tucson with a more planted, substantial look thanks to a new grille, redesigned front and rear bumper fascia, and an updated daytime running light signature. New alloy wheels, anodized aluminum badging, and a 75-mm longer rear wiper blade for improved visibility round out these purposeful changes.<br/><br/>The 2025 Tucson’s interior may feature the biggest upgrades of all, thanks to a more open-feeling design and a higher-tech, yet easier-to-use infotainment interface. This cabin glow-up incorporates a redesigned panoramic curved display that integrates an available 12.3-inch digital instrument cluster and an enlarged 12.3-inch infotainment display. A redesigned center stack includes the addition ofsupplementary knobs and switchgear for frequent-use driver controls including audio volume and tuning, along with select HVAC controls for greatly improved ergonomics. The center console, steering wheel and door panel accents have also been redesigned for both fresh appeal and enhanced usability. A new dashboard tray located above the glovebox adds even more storage space for front-seat passengers.")
_class-action-lawsuit-filed-against-diamond-resorts-for-alleged-wage-theft.webp "KHON2 News")
_top-golfer-paul-casey-visits-porsche-studio-ahead-of-the-porsche-singapore-classic.webp "Ahead of the Porsche Singapore Classic, the Porsche Brand Ambassador Paul Casey immerses himself in the world of the sports car manufacturer when visiting the new Porsche Studio in Singapore. The Englishman will tee off together with a top international line-up at the Laguna National Golf Resort Club from 21 to 24 March.")
_mgm-resorts-files-federal-lawsuits-against-mass-shooting-victims.webp "KTNV Channel 13 Las Vegas")
_pig-butchering-scams-last-week-tonight-with-john-oliver-hbo.webp "LastWeekTonight")
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_pig-butchering-scams-last-week-tonight-with-john-oliver-hbo.jpg)
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