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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 👁 4.9M
Loch Lomond and it's bonny banks played host to Carli & Fraser's wedding. From prep at Cameron Lodges, to the stunning Luss Church, the weather didn't stop this awesome wedding. Once married it was time to party the night away at Ross Priory.nnSupplier shout-outs:nPhotography - Pearl & Plum PhotographyBand/DJ - StereobeatsnPiper - MouricenHair - Louise HughesnMakeup - Shannon O'neilDress - Joyce Young C
Carli & Fraser's Teaser TrailerRoss Priory
⏲ 60 sec ✓ 26-Aug-2019
Meet the grandad who has spent 25 years transforming his back garden into a - Wild West 'town'. <br/><br/>Stephen Smart's Dude Ranch includes a saloon, jailhouse, bank, haberdashery and even an undertakers at the rear of his semi-detached home in Sheppey, Kent.<br/><br/>The 65-year-old has long been fascinated with the films starring the likes of Clint Eastwood and John Wayne, which inspired him to construct his very own old-style town.<br/><br/>But, despite his Wild West obsession, he's never actually been to America. <br/><br/>Mr Smart - who's also known simply as 'Dude' - began modelling his property, which now resembles a Hollywood film set, on the American frontier period around 25 years ago. <br/><br/>A retired lorry driver, he said: \
Grandad spends 25 years turning back garden into - Wild West 'town'
⏲ 1:37 👁 4.8M
Burnley Live will take place over the May Day Bank Holiday Weekend – Friday, May 3rd to Monday May 6th
Burnley Live 2024 promo
⏲ 6:0 👁 29.3M
The third plenary session of the 25th IPSA World Congress was presented by the IPSA Past President (2016-2018), Prof. İlter Turan (Emeritus Professor of Political Science, Bilgi University, Turkey), and explored the rise of populism as a challenge to the borders of liberal democracy. This session brought together notable scholars from different regions of the world including Dr. María Esperanza Casullo (Associate Professor Universidad Nacional de Río Negro in Argentina), Prof. Duncan McDonnel
25th IPSA World Congress Of Political Science - President’s Plenary: Challenging the Borders of Liberal Democracy
⏲ 55 min 28 sec ✓ 08-Jun-2022
The iPhone 15 and 15 Pro launch is one of the most exciting updates of the series in years. To make the most of it's best new features, we’re sharing some must-have accessories, including chargers, game controllers and power banks.
Must-Have iPhone 15 Accessories
⏲ 7:58 👁 3.8M
$43.5 trillion: That's the amount managed by asset managers, twice as much as all US banks combined. A growing trend that's making people happy.<br/><br/>The not-to-be-missed story behind important numbers, in one minute every week!
BEHIND THE NUMBERS: $43.5 trillion, the amount of assets managed by investment companies
⏲ 1:16 👁 5.9M
A real-life drama is brewing in the idyllic village which inspired The Archers in a row over \
The Archers village kick off over 'swearing' footballers shattering their peace
⏲ 1:42 👁 1.6M
The failures of Silicon Valley Bank and peers like First Republic Bank made 2023 the most tumultuous year for the banking industry since the 2008 crisis, but for some small community banks, the chaos hardly registered.<br/><br/>City Holding Co., the parent company of West Virginia's City National Bank with $6.2 billion in assets, is based in the capital city of Charleston, in a region of Appalachia known for coal. West Virginia is a state whose population of 1.8 million is on the decline, but president and CEO Skip Hageboeck sees that as an asset instead of a drawback. Major banks don’t reinvest much in West Virginia and surrounding towns in Virginia, Ohio and Kentucky to compete for customers, and City National has steadily increased its market share. Thanks to its focus primarily on retail banking rather than catering to businesses, just $894 million out of $5.1 billion (17.5%) in deposits are uninsured, according to its most recent call report, compared with 41% of total deposits at all U.S. banks.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/hanktucker/2024/04/04/americas-best-banks-2024/?sh=2fd50226d762<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.
America's Top 5 Best Banks 2024
⏲ 2:53 👁 21.7M
This feel-good story starts a bit like a common joke: two 'young and dumb' schoolmates walk into a pub… But the rest is no joke because they bought it. In fact, the young men in western Queensland bypassed the banks and struck a deal with the pub's former owner, and two years on they've paid off their investment.
Gen Z publicans pay off Stonehenge Hotel in western Queensland with loan from former owner
⏲ 3:9 👁 1.8M
The International Criminal Court is probing Israel's actions in the West Bank and Gaza, independent of other cases at the International Court of Justice, such as South Africa's genocide claims against Israel in Gaza.
International Criminal Court considering issuing arrest warrant for Netanyahu
⏲ 2:7 👁 1.6M
We take you around the closed RBS bank in Bakewell before work starts to became a restaurant.
We take you around the closed RBS bank in Bakewell before work starts
⏲ 4:53 👁 6.2M
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