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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 👁 12M
BENOFTHEWEEK
I Joined The Amish
⏲ 24 minutes 2 seconds 👁 956.5K
Amish America
Look INSIDE an Amish Home
⏲ 8 minutes 16 seconds 👁 546.5K
Retrouvez cette annonce sur le site ou sur l'application Maisons et Appartements.nnhttp://www.maisonsetappartements.fr/fr/81/annonce-vente-maison-gaillac-1598647.htmlnnRéférence : AGaz4649nnVente immobilier Gaillac. Maison avec ponton privé, de 210m² de SH, 4 chambres, jardin de 765m², Au bord du Tarn.nExclusivite rare au bord du tarn. ponton priv et zone de pche pour cette belle maison idalement situe au bord du tarn, 210m hab env. grande pice de vie 60m, 3 chambres + chambre d'ami, superb
GAILLAC - MAISON A VENDRE - 273 000 € - 210 m² - 7 pièces
⏲ 48 sec ✓ 12-May-2018
Vision Video
The Amish: Back Roads to Heaven | Full Movie | Burton Buller
⏲ 46 minutes 18 seconds 👁 768.9K
tlc uk
Amish Girls Visit An English Supermarket For The First Time | Return To Amish
⏲ 9 minutes 23 seconds 👁 973.5K
Chelsea Mandel and her firm Ascension Advisory are on a mission to help small business buyers borrow a $17 billion a year tactic from private equity’s playbook known as sales leasebacks. But finding the right deal is nearly impossible.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/brandonkochkodin/2024/04/22/how-to-buy-a-small-business-with-no-money-down/?sh=30bace386bc8<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.
How To Buy A Small Business With No Money Down
⏲ 5:14 👁 2.4M
Jeremy Warren
Ephraim and Amanda Stoltzfus - An Amish Story(BBC - 2009)
⏲ 59 minutes 1 second 👁 337.3K
Peter Santenello
Inside Largest Amish Mennonite Community - First Impressions 🇺🇸
⏲ 36 minutes 2 seconds 👁 3M
Just as you prepare for life’s significant events, it's equally crucial to anticipate your eventual departure and protect your loved ones from the burden of financial complications. Forbes contributor True Tamplin outlines how to tackle your assets.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/truetamplin/2023/10/31/4-questions-to-know-if-you-are-financially-prepared-to-die/?sh=4275a1864730<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.
Are You Financially Prepared To Die? 4 Ways To Plan For The Inevitable
⏲ 3:28 👁 17.9M
Seek Discomfort
We Lived 50 Hours with Amish People
⏲ 16 minutes 47 seconds 👁 2.7M
Vision Video
Breaking the Silence I | The Secret Strength of the Amish Church | Joseph J. Graber | Lester Graber
⏲ 42 minutes 32 seconds 👁 2.2M
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