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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 👁 9.6M
Partner With Garrett Barry
Auto Lotto Processor Review - Legit Software or TOTAL Scam?
⏲ 6 minutes 54 seconds 👁 1.1K
Karen Marrow
Auto Lotto Processor Review - Clickbank Product Legit or Scam?
⏲ 8 minutes 6 seconds 👁 557
Renegade MY24 introduces a big step ahead in terms of technology, introducing the new 10,1” infotainment system with a processing power five time faster then the previous generation, the new TFT 10,25” digital cluster as well as a new and updated steering wheel, the new high resolution rear camera and the connectivity Apple Carplay and Android Auto now wireless. All these features are now standard on the entire range, starting from the entry trim, Renegade, which completes the offer with 16” alloy wheels, cloth seats and fog-lamps, moving up to the Altitude trim which boasts impressive features including stunning Full LED Headlamps and Taillamps, along with LED Front Fog Lights that provide clear illumination of the path ahead, complemented by Automatic Air Conditioning for interior comfort. Stepping up to the Summit trim level, a premium blend of luxury and convenience unveils to journalists, highlighted by brand new 18-inch alloy wheels and Heated Front Seats ensuring warmth and comfort during long journeys.
2024 Jeep® Avenger, Renegade & Compass e-hybrid Exterior Design
⏲ 2:44 👁 1.3M
Exposed Lotto
Auto Lotto Processor Review
⏲ 10 minutes 38 seconds 👁 246
Auto Lotto Processor Review
The Auto Lotto Processor Review - Does It Work Or Scam?
⏲ 7 minutes 16 seconds 👁 1.1K
Renegade MY24 introduces a big step ahead in terms of technology, introducing the new 10,1” infotainment system with a processing power five time faster then the previous generation, the new TFT 10,25” digital cluster as well as a new and updated steering wheel, the new high resolution rear camera and the connectivity Apple Carplay and Android Auto now wireless. All these features are now standard on the entire range, starting from the entry trim, Renegade, which completes the offer with 16” alloy wheels, cloth seats and fog-lamps, moving up to the Altitude trim which boasts impressive features including stunning Full LED Headlamps and Taillamps, along with LED Front Fog Lights that provide clear illumination of the path ahead, complemented by Automatic Air Conditioning for interior comfort. Stepping up to the Summit trim level, a premium blend of luxury and convenience unveils to journalists, highlighted by brand new 18-inch alloy wheels and Heated Front Seats ensuring warmth and comfort during long journeys.
2024 Jeep® Compass e-hybrid Driving Video
⏲ 3:4 👁 900K
Auto Lotto Processor
The Auto Lotto Processor İs a Scam?
⏲ 19 seconds 👁 283
Jake Tran
The lottery is literally a scam.
⏲ 14 minutes 10 seconds 👁 291.2K
In this episode we started with understanding the ‘Patanjali Scam’, what all the wrong practices Patanjali was doing for a long time, how it was saving itself for years, and how its scam was revealed. We then talked about how laws are made, who is included in this process, and how they are executed. We then discussed the ‘Delhi Liquor Scam’ and how Arvind Kejriwal is connected to it. Why he is arrested and why he is not getting bail and other allegations on his party. She also talked about the Electoral bond and what all things are going wrong and her views on the issue.<br/><br/><br/>Towards the end, we discussed the MLA immunity case, how bribes used to be given earlier in parliaments to ask certain questions in the discussions, and electoral freebies. Then we talked about why India has no national game, language or father till now. She also shared about the adoption rights of different types of couples, Hindu marriage law, and the difference between court marriage and registered marriage. We ended our conversation by talking about her teenage love story with her now husband. For more such episodes don’t forget to subscribe to our channel.
Reality of Kejriwal Arrest, Elections, Patanjali & Electoral Bonds - Priya Jain
⏲ 0:42 👁 60K
Solid Nate
Proof that the powerball lottery was rigged emerges. Major scam.
⏲ 4 minutes 55 seconds 👁 2.7K
Stack With Jay
HOW TO SCAM 💀 CASH BANK METHODS | HAVE MOTION 2023!
⏲ 14 minutes 1 second 👁 625K
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