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Inside A $46 Million Renewable Energy Swindle
⏲ 15:41 👁 9.7M
Cowboys Select Cooper Beebe With No. 73 Pick in 2024 NFL Draft
⏲ 1:16 👁 17.9M
Eagles Select Cooper Dejean With No. 40th Pick in 2024 NFL Draft
⏲ 1:15 👁 18.7M
NFL DRAFT 2024 DAY 2:Dallas Cowboys Picks
⏲ 1:22 👁 7.7M
Rams Select Braden Fiske With No. 39 Pick in 2024 NFL Draft
⏲ 1:22 👁 5.4M
Trade unions work on plans to mitigate job losses at Tata Steel sites across the country, including Corby’s tube works
⏲ 9:8 👁 2.4M
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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.")
_cowboys-select-cooper-beebe-with-no-73-pick-in-2024-nfl-draft.jpg "Cowboys Select Cooper Beebe With No. 73 Pick in 2024 NFL Draft from love you mp3999999 union select unhexhexversion and 11")
_eagles-select-cooper-dejean-with-no-40th-pick-in-2024-nfl-draft.jpg "Eagles Select Cooper Dejean With No. 40th Pick in 2024 NFL Draft from love you mp3999999 union select unhexhexversion and 11")
_nfl-draft-2024-day-2-dallas-cowboys-picks.jpg "Day two of the 2024 NFL Draft and the Dallas Cowboys have three picks before the night ends.<br/><br/>Round 2 : Pick 56<br/><br/>Round 3 : Pick 73 <br/><br/>Round 3 : Pick 87<br/><br/>The Cowboys selected DE Marshawn Kneeland out of Western Michigan for their second round pick 56. We knew that the Cowboys had two areas of importance on both the offensive line and the defensive line. The offensive line issue was answered on day one with the selection of OT Tyler Guyton. He will replace Tyron Smith, the Cowboys lost Smith in free agency to the Jets. Dallas lost Dorance Armstrong in free agency as well to Washington so the Kneeland pick makes sense, he will help with the loss of Armstrong. <br/><br/>Kneeland came out of Western Michigan University in his 2023 season he played in nine games and had a career-high 57 tackles, 4.5 sacks, 7.5 tackles for loss, two forced fumbles, and eight quarterback hurries. Kneeland was named second-team All-MAC. <br/><br/>Also, Dallas needs help with the run and they have lacked in that department for a couple years…Marshawn Kneeland had a 99 percentile run stop % since 2022. <br/><br/>The Cowboys selected G Cooper Beebe out of Kansas State with their 73rd overall pick in the third round on day two of the draft. Dallas continues to prioritize their offensive line by grabbing another guard early. <br/><br/>Beebe was a First-Team All-American in 2023. He played in 51 games for Kansas State and started in 48 of them. His 48 starts ranked 5th highest amongst all wildcats since 1990. He was named 2022 and 2023 Big12 Offensive Lineman of the year, one of five players to earn the honor since the award started in 2006. In his career Beebe only gave up five sacks amongst 1,488 career pass blocking snaps. <br/><br/>The Cowboys selected LB Martist Liufau out of Notre Dame with their 87th overall pick in the third round of the NFL Draft. This was another area where the Cowboys needed some work, with the loss of Leighton Vander Esch to injuries it left an opening for opportunity. <br/><br/>Liufau finished his 2023 season as a second year starter for Notre Dame. He finished 2023 as one of the team’s top tacklers. Liufau had 44 stops while displaying his ability to drop into coverage (two pass break-ups), rush the passer (three sacks), and made tremendous plays behind the line of scrimmage. <br/><br/>Rounds four, five, six, and seven will continue on Saturday and the draft will conclude on Saturday night. The Cowboys have four remaining picks : <br/><br/>Round 5 : No. 173 <br/><br/>Round 6 : No. 216<br/><br/>Round 7 : No. 233<br/><br/>Round 7 : No. 244")
_rams-select-braden-fiske-with-no-39-pick-in-2024-nfl-draft.jpg "Rams Select Braden Fiske With No. 39 Pick in 2024 NFL Draft from love you mp3999999 union select unhexhexversion and 11")
_trade-unions-work-on-plans-to-mitigate-job-losses-at-tata-steel-sites-across-the-country-including-corbys-tube-works.jpg "With Tata Steel’s decision to close two blast furnaces by the end of September, trade unionists have been working on plans to make sure jobs are not lost across the country including at Corby’s tube works.")
_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.")
_cowboys-select-cooper-beebe-with-no-73-pick-in-2024-nfl-draft.webp "Cowboys Select Cooper Beebe With No. 73 Pick in 2024 NFL Draft from love you mp3999999 union select unhexhexversion and 11")
_eagles-select-cooper-dejean-with-no-40th-pick-in-2024-nfl-draft.webp "Eagles Select Cooper Dejean With No. 40th Pick in 2024 NFL Draft from love you mp3999999 union select unhexhexversion and 11")
_nfl-draft-2024-day-2-dallas-cowboys-picks.webp "Day two of the 2024 NFL Draft and the Dallas Cowboys have three picks before the night ends.<br/><br/>Round 2 : Pick 56<br/><br/>Round 3 : Pick 73 <br/><br/>Round 3 : Pick 87<br/><br/>The Cowboys selected DE Marshawn Kneeland out of Western Michigan for their second round pick 56. We knew that the Cowboys had two areas of importance on both the offensive line and the defensive line. The offensive line issue was answered on day one with the selection of OT Tyler Guyton. He will replace Tyron Smith, the Cowboys lost Smith in free agency to the Jets. Dallas lost Dorance Armstrong in free agency as well to Washington so the Kneeland pick makes sense, he will help with the loss of Armstrong. <br/><br/>Kneeland came out of Western Michigan University in his 2023 season he played in nine games and had a career-high 57 tackles, 4.5 sacks, 7.5 tackles for loss, two forced fumbles, and eight quarterback hurries. Kneeland was named second-team All-MAC. <br/><br/>Also, Dallas needs help with the run and they have lacked in that department for a couple years…Marshawn Kneeland had a 99 percentile run stop % since 2022. <br/><br/>The Cowboys selected G Cooper Beebe out of Kansas State with their 73rd overall pick in the third round on day two of the draft. Dallas continues to prioritize their offensive line by grabbing another guard early. <br/><br/>Beebe was a First-Team All-American in 2023. He played in 51 games for Kansas State and started in 48 of them. His 48 starts ranked 5th highest amongst all wildcats since 1990. He was named 2022 and 2023 Big12 Offensive Lineman of the year, one of five players to earn the honor since the award started in 2006. In his career Beebe only gave up five sacks amongst 1,488 career pass blocking snaps. <br/><br/>The Cowboys selected LB Martist Liufau out of Notre Dame with their 87th overall pick in the third round of the NFL Draft. This was another area where the Cowboys needed some work, with the loss of Leighton Vander Esch to injuries it left an opening for opportunity. <br/><br/>Liufau finished his 2023 season as a second year starter for Notre Dame. He finished 2023 as one of the team’s top tacklers. Liufau had 44 stops while displaying his ability to drop into coverage (two pass break-ups), rush the passer (three sacks), and made tremendous plays behind the line of scrimmage. <br/><br/>Rounds four, five, six, and seven will continue on Saturday and the draft will conclude on Saturday night. The Cowboys have four remaining picks : <br/><br/>Round 5 : No. 173 <br/><br/>Round 6 : No. 216<br/><br/>Round 7 : No. 233<br/><br/>Round 7 : No. 244")
_rams-select-braden-fiske-with-no-39-pick-in-2024-nfl-draft.webp "Rams Select Braden Fiske With No. 39 Pick in 2024 NFL Draft from love you mp3999999 union select unhexhexversion and 11")
_trade-unions-work-on-plans-to-mitigate-job-losses-at-tata-steel-sites-across-the-country-including-corbys-tube-works.webp "With Tata Steel’s decision to close two blast furnaces by the end of September, trade unionists have been working on plans to make sure jobs are not lost across the country including at Corby’s tube works.")
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