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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 👁 9.7M

Savvy Dirt Farmer

3 EASY ways to propagate SEDUM - WORKS every time!!

⏲ 14 minutes 38 seconds 👁 5.8K

Pretty Purple Door Garden Design

How to divide and take cuttings from Sedum - Autumn Joy, Autumn Charm, Dazzleberry and Angelina

⏲ 21 minutes 38 seconds 👁 44.5K

Heineken has been slammed for chopping down a 300-acre orchard - the size of 140 football pitches.<br/><br/>The UK's largest cider maker has felled the huge site - also home to a significant number migratory birds.<br/><br/>Heineken has now 'levelled' Penrhos Orchard, on the Offa's Dyke path in Monmouthshire, Wales.<br/><br/>According to the BBC, Heineken uprooted thousands of trees planted in 1997 as it wants to sell the land as they had a surplus of apples - but a demand decline for cider.<br/><br/>Environmentalists have shown concerns about the impact this felling will have on migratory bird populations - particularly wintering thrush species such as fieldfare and redwing, who eat autumn berries then move on to apple crops and have been seen in significant numbers amongst the area.<br/><br/>Though Heineken has insisted it acted in accordance with the Wildlife Act.

Heineken slammed for felling 300-acre orchard - the size of 140 football pitches

⏲ 2:39 👁 15.2M

Brent Horvath

Sedum acre Aureum

⏲ 17 seconds 👁 2.3K

Spoken Garden

Plant Propagators: Create New Sedum Plants for Free | Stem Sedum Cuttings✂️😊

⏲ 13 minutes 52 seconds 👁 13.3K

The new BMW Vision Neue Klasse X Interior Design

⏲ 2:33 👁 8M

New Botany

A succulent desert: Sedum acre and album

⏲ 4 minutes 35 seconds 👁 120

good channel

UNBOXING MY ORDER SEDUM ACRE GOLDMOSS GROUND COVER STONECROP SUCCULENT

⏲ 17 minutes 48 seconds 👁 413

DOE says brownouts possible due to high demand, power plant outages

DOE says brownouts possible due to high demand, power plant outages

⏲ 0:24 👁 825K

Lotus Garden

how to grow sedum japonicum from cuttings

⏲ 4 minutes 32 seconds 👁 5K

Laura Eubanks

Check out these Sedums!!

⏲ 12 minutes 19 seconds 👁 6.4K

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