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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 👁 8.3M
Bopping
OUTER BANKS｜Unscripted Moments That Were Kept in the Show!
⏲ 11 minutes 46 seconds 👁 64K
Willem Verbeeck
4 Days of Film Photography in The Outer Banks
⏲ 15 minutes 38 seconds 👁 13.1K
<p>Interest rates are currently at an all-time high as central banks such as the Bank of England, the US Federal Reserve, and the European Central Bank aim to bring inflation down to their targets.</p><br/><p>In this video we explain how interest rates and the stock market have an inverse relationship.</p><br/><p>When interest rates rise, share prices fall and the return available from cash and bonds becomes more attractive.</p><br/><p>Watch more...</p>
Why interest rates matter to bonds, stocks and cash
⏲ 3:7 👁 6.4M
breezzy
paradise on earth (outer banks playlist)
⏲ 22 minutes 36 seconds 👁 16.6K
StudioLux
Outer Banks Season 4 Trailer | Release Date | Everything We Know So Far!
⏲ 1 minute 39 seconds 👁 175.1K
Doing laundry is loads of fun right? Well, apparently it can be more fun if you implement certain products in your clothes washing routine. Here’s a list of recommended items that can not only speed up your stain removal process, but they won’t break the bank either! Buzz60’s Chloe Hurst has the story!
Optimize Your Laundry Technique With These Recommended Products
⏲ 1:0 👁 38.1M
Shell Stories
Shelling in the North Carolina Outer Banks!
⏲ 12 minutes 1 second 👁 14.8K
BuzzFeed Celeb
The “Outer Banks” Cast Finds Out If They’re Pogues Or Kooks
⏲ 5 minutes 26 seconds 👁 556.7K
The titular team in The Marvels is a group that comes together totally by accident. Thanks to a cosmic anomaly, Brie Larson’s Carol Danvers, Teyonnah Parris’ Monica Rambeau and Iman Vellani’s Kamala Khan find their special light-based powers entangled, and they are basically forced to unite in order to stop what’s causing it. Accidental as the ensemble may be, however, what’s cool about the special unit is the way in which it allows the film to play with very different perspectives on the heroic Captain Marvel.<br/><br/>On one hand, Monica has essentially been neglected by her aunt for the last 30 years, and on the other hand, Kamala is a superfan who dreams of being besties with Carol. It’s a special dynamic, and I brought it up this past weekend when I had the chance to sit down with director Nia DaCosta at the Los Angeles press day for The Marvels. I asked about the impact of the special relationships within the eponymous unit.
How 'The Marvels' Plays With Two Very Different Opinions About Captain Marvel
⏲ 1:5 👁 10.3M
trvln_thru
Outer Banks: One Day in Nags Head
⏲ 12 minutes 29 seconds 👁 3.3K
IMDb
Outer Banks Cast Extended Interview (2023)
⏲ 10 minutes 32 seconds 👁 207.3K
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