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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 👁 9.6M

RussellTCS

The Apprentice - Candidate Quits

⏲ 2 minutes 42 seconds 👁 1.2M

btesco

the apprentice 2022 is a shambles

⏲ 5 minutes 23 seconds 👁 229.6K

A guide to the key responsibilities of the London Mayor, ahead of the election on May 2. The candidates are: AMIN Femy Animal Welfare Party – People, Animals, Environment BINFACE Count Count Binface for Mayor of London BLACKIE Rob Liberal Democrat CAMPBELL Natalie Denise Independent COX Howard ReformUK – London Deserves Better GALLAGHER Amy Social Democratic Party GARBETT Zoë Green Party GHULATI Tarun Independent HALL Susan Mary The Conservative Party Candidate KHAN Sadiq Labour Party MICHLI Andreas Christoffi Independent ROSE Brian Benedict London Real Party – Transform London SCANLON Nick Britain First – No To Immigration

What does the London Mayor do?

⏲ 1:0 👁 2.5M

WatchMojoUK

Top 10 The Apprentice Disasters

⏲ 10 minutes 59 seconds 👁 133.6K

Team Coco

Maria Menounos Is Tight & Can Take A Punch | CONAN on TBS

⏲ 2 minutes 35 seconds 👁 10.8M

Boeing has put a price tag on the grounding of its planes. The manufacturer will pay its airline customers $443 million dollars for the three week period where no 737 Max 9 planes could fly. Alaska Airlines, which experienced that door plug blowout in January, as well as United Airlines, both say they have reached financial agreements with Boeing.

Boeing to Pay Airlines $443 Million for Max Incidents

⏲ 0:53 👁 28.2M

Aunt Tooter's

Endora Favorites

⏲ 9 minutes 24 seconds 👁 144.9K

BBC

Argument erupts in the boardroom as Lord Sugar announces winner | The Apprentice Final 2018 - BBC

⏲ 2 minutes 39 seconds 👁 243.1K

Take a look at the 'Out On a Limb' Featurette for the film Challengers that lays out the basic plot and premise of the journey that a former tennis star turned coach transforms into.<br/><br/>Challengers follows Tashi Duncan (Zendaya), a former tennis prodigy turned coach and a force of nature who makes no apologies for her game on and off the court. Married to a champion on a losing streak (Mike Faist), Tashi’s strategy for her husband’s redemption takes a surprising turn when he must face off against the washed-up Patrick (Josh O’Connor) – his former best friend and Tashi’s former boyfriend. As their pasts and presents collide, and tensions run high, Tashi must ask herself, what will it cost to win?<br/>The film is produced by Amy Pascal, Luca Guadagnino, Zendaya, Rachel O’Connor. Executive producers are Bernard Bellew, Lorenzo Mieli, Kevin Ulrich. Music is by Trent Reznor & Atticus Ross.<br/><br/>Directed by Luca Guadagnino, Challengers is in theaters now.

Challengers | 'Out On a Limb' Featurette - Zendaya, Mike Faist, Josh O’Connor

⏲ 1:0 👁 2.2M

Blast From The Past

Most INTENSE and BRUTAL Interviews On The Apprentice | Blast From The Past

⏲ 9 minutes 17 seconds 👁 322.8K

The Apprentice: P45 podcast

THE AMY ANZEL EDITION - Episode 3: The Apprentice P45 Podcast

⏲ 40 minutes 26 seconds 👁 198

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