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_inside-a-3646-million-renewable-energy-swindle.jpg "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.")
⏲ 15:41 👁 10.2M
_senators-want-property-tax-reforms-back-on-parliament-agenda.jpg "Independent senators Jacqui Lambie and David Pocock are calling for changes to capital gains tax and negative gearing. Footage via AAP.")
⏲ 1:13 👁 20.1M
_pop-icon-britney-spears39-emotional-post-praises-mccurdy39s-memoir-39i39m-glad-my-mom-died39-124-oneindia.jpg "Pop icon Britney Spears opens up about her feelings of injustice following a legal settlement with her father, James Spears. In this video, discover Britney's emotional reaction and her praise for Jennette McCurdy's memoir, \")
⏲ 3:7 👁 5.5M
_10-will-love-in-spring-2024-ep10-full-hd.jpg "春色寄情人10 - Will Love In Spring 2024 EP10 Full HD from my 2017 tax return copy")
⏲ 45:31 👁 5.7M
_08-will-love-in-spring-2024-ep08-full-hd.jpg "春色寄情人08 - Will Love In Spring 2024 EP08 Full HD from my 2017 tax return copy")
⏲ 44:32 👁 5M
_kkb-polls-pakatan-helped-us-time-for-umno-barisan-to-return-favour-says-zahid.jpg "It’s now time for Umno and Barisan Nasional to repay Pakatan Harapan for the latter’s assistance in previous by-elections since the unity government was formed, says Barisan chairman Datuk Seri Dr Ahmad Zahid Hamidi.<br/><br/>The Deputy Prime Minister said that the DAP, PKR and Amanah leadership gave their support to Barisan Nasional in previous by-elections, such as those for the Pelangai state seat and Kemaman parliamentary seat.<br/><br/>He told reporters outside the nomination centre for the Kuala Kubu Baharu by-election on Saturday (April 27).<br/><br/>Read more at https://shorturl.at/FIMY3<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline")
⏲ 4:56 👁 17.6M
_05-tender-light-2024-ep05-full-hd.jpg "微暗之火05 - Tender Light 2024 EP05 Full HD from my 2017 tax return copy")
⏲ 48:3 👁 74.8M
_39no-to-tickets-yes-to-services-and-housing39-venetians-protest-5-tourist-entry-fee.jpg "The fee was introduced yesterday for daytime visitors to tackle overtourism in the city.")
⏲ 1:10 👁 5.8M
_return-of-the-king-charles-visits-cancer-centre.jpg "The King and Queen arrive at Macmillan Cancer Centre in London, as His Majesty begins his first public engagement since starting cancer treatment.Report by Chinnianl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn")
⏲ 1:5 👁 1.1M
_winner-of-361-3-billion-powerball-jackpot-is-an-immigrant-from-laos-who-has-cancer.jpg "Winner of $1.3 billion Powerball jackpot is an immigrant from Laos who has cancer<br/><br/>One of the winners of a $1.3 billion Powerball jackpot this month is an immigrant from Laos who has had cancer for eight years and had his latest chemotherapy treatment last week.<br/><br/>Cheng “Charlie” Saephan, 46, of Portland, told a news conference held by the Oregon Lottery on Monday that he and his 37-year-old wife, Duanpen, are taking half the money, and the rest is going to a friend, Laiza Chao, 55, of the Portland suburb of Milwaukie.<br/><br/>Chao had chipped in $100 to buy a batch of tickets with them. They are taking a lump sum payment, $422 million after taxes.<br/><br/>Photos by AP<br/><br/>Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe <br/>Visit our website at https://www.manilatimes.net <br/> <br/>Follow us: <br/>Facebook - https://tmt.ph/facebook <br/>Instagram - https://tmt.ph/instagram <br/>Twitter - https://tmt.ph/twitter <br/>DailyMotion - https://tmt.ph/dailymotion <br/> <br/>Subscribe to our Digital Edition - https://tmt.ph/digital <br/> <br/>Check out our Podcasts: <br/>Spotify - https://tmt.ph/spotify <br/>Apple Podcasts - https://tmt.ph/applepodcasts <br/>Amazon Music - https://tmt.ph/amazonmusic <br/>Deezer: https://tmt.ph/deezer <br/>Tune In: https://tmt.ph/tunein<br/> <br/>#TheManilaTimes <br/>#worldnews<br/>#lottery <br/>#cancer <br/>")
⏲ 0:44 👁 1.1M
_king-charles-specifically-asked-to-meet-with-cancer-patients-on-his-return-to-public-engagements.jpg "King Charles specifically asked to meet with cancer patients and their families on his return to public engagements, which will take place on Tuesday (30.04.24).")
⏲ 1:42 👁 1.9M
_33-best-choice-ever-2024-ep33-full-hd.jpg "承歡記33 - Best Choice Ever 2024 Ep33 Full HD from my 2017 tax return copy")
⏲ 45:25 👁 11.4M
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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.")
_senators-want-property-tax-reforms-back-on-parliament-agenda.webp "Independent senators Jacqui Lambie and David Pocock are calling for changes to capital gains tax and negative gearing. Footage via AAP.")
_pop-icon-britney-spears39-emotional-post-praises-mccurdy39s-memoir-39i39m-glad-my-mom-died39-124-oneindia.webp "Pop icon Britney Spears opens up about her feelings of injustice following a legal settlement with her father, James Spears. In this video, discover Britney's emotional reaction and her praise for Jennette McCurdy's memoir, \"){kind=icon}
_10-will-love-in-spring-2024-ep10-full-hd.webp "春色寄情人10 - Will Love In Spring 2024 EP10 Full HD from my 2017 tax return copy")
_08-will-love-in-spring-2024-ep08-full-hd.webp "春色寄情人08 - Will Love In Spring 2024 EP08 Full HD from my 2017 tax return copy")
_kkb-polls-pakatan-helped-us-time-for-umno-barisan-to-return-favour-says-zahid.webp "It’s now time for Umno and Barisan Nasional to repay Pakatan Harapan for the latter’s assistance in previous by-elections since the unity government was formed, says Barisan chairman Datuk Seri Dr Ahmad Zahid Hamidi.<br/><br/>The Deputy Prime Minister said that the DAP, PKR and Amanah leadership gave their support to Barisan Nasional in previous by-elections, such as those for the Pelangai state seat and Kemaman parliamentary seat.<br/><br/>He told reporters outside the nomination centre for the Kuala Kubu Baharu by-election on Saturday (April 27).<br/><br/>Read more at https://shorturl.at/FIMY3<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline")
_05-tender-light-2024-ep05-full-hd.webp "微暗之火05 - Tender Light 2024 EP05 Full HD from my 2017 tax return copy")
_39no-to-tickets-yes-to-services-and-housing39-venetians-protest-5-tourist-entry-fee.webp "The fee was introduced yesterday for daytime visitors to tackle overtourism in the city.")
_return-of-the-king-charles-visits-cancer-centre.webp "The King and Queen arrive at Macmillan Cancer Centre in London, as His Majesty begins his first public engagement since starting cancer treatment.Report by Chinnianl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn")
_winner-of-361-3-billion-powerball-jackpot-is-an-immigrant-from-laos-who-has-cancer.webp "Winner of $1.3 billion Powerball jackpot is an immigrant from Laos who has cancer<br/><br/>One of the winners of a $1.3 billion Powerball jackpot this month is an immigrant from Laos who has had cancer for eight years and had his latest chemotherapy treatment last week.<br/><br/>Cheng “Charlie” Saephan, 46, of Portland, told a news conference held by the Oregon Lottery on Monday that he and his 37-year-old wife, Duanpen, are taking half the money, and the rest is going to a friend, Laiza Chao, 55, of the Portland suburb of Milwaukie.<br/><br/>Chao had chipped in $100 to buy a batch of tickets with them. They are taking a lump sum payment, $422 million after taxes.<br/><br/>Photos by AP<br/><br/>Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe <br/>Visit our website at https://www.manilatimes.net <br/> <br/>Follow us: <br/>Facebook - https://tmt.ph/facebook <br/>Instagram - https://tmt.ph/instagram <br/>Twitter - https://tmt.ph/twitter <br/>DailyMotion - https://tmt.ph/dailymotion <br/> <br/>Subscribe to our Digital Edition - https://tmt.ph/digital <br/> <br/>Check out our Podcasts: <br/>Spotify - https://tmt.ph/spotify <br/>Apple Podcasts - https://tmt.ph/applepodcasts <br/>Amazon Music - https://tmt.ph/amazonmusic <br/>Deezer: https://tmt.ph/deezer <br/>Tune In: https://tmt.ph/tunein<br/> <br/>#TheManilaTimes <br/>#worldnews<br/>#lottery <br/>#cancer <br/>")
_king-charles-specifically-asked-to-meet-with-cancer-patients-on-his-return-to-public-engagements.webp "King Charles specifically asked to meet with cancer patients and their families on his return to public engagements, which will take place on Tuesday (30.04.24).")
_33-best-choice-ever-2024-ep33-full-hd.webp "承歡記33 - Best Choice Ever 2024 Ep33 Full HD from my 2017 tax return copy")
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