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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 👁 4.8M
Nucleus Medical Media
Laparoscopic Colectomy
⏲ 2 minutes 38 seconds 👁 764.6K
saltshealthcare
What is a Urostomy?
⏲ 1 minute 28 seconds 👁 41K
Economy Minister Rafizi Ramli said that the government will share details on the subsidy rationalisation plan, including its criteria and implications soon.<br/><br/>On Thursday (April 25), he said that if the government subsidy rationalisation policy is successful, the savings could be diverted into social assistance, potentially boosting poverty reduction while generating fiscal savings.<br/><br/>Read more at https://tinyurl.com/3x692skv<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline
Rafizi: Govt to share details on subsidy rationalisation mechanism
⏲ 3:13 👁 4.1M
cmiexhibits
Diverting Sigmoid Loop Colostomy
⏲ 2 minutes 12 seconds 👁 48.9K
Colorectal Surgeons Sydney
Laparoscopic Surgery for Diverticulitis - English
⏲ 2 minutes 55 seconds 👁 39.7K
An 80-year-old donated a rare original parachute dummy from D-Day to a museum - after mistaking it for a scarecrow.<br/><br/>Robert Bowley was clearing out his late brother's home when he came across the dummy.<br/><br/>His brother Michael Bowley had been fond of French collectors items and got it while on a trip to Normandy in the 1950s or 1960s.<br/><br/>Robert said he had initially mistaken it for a scarecrow before he passed it along to a museum.<br/><br/>That's when he discovered it was in fact a rare surviving D-Day artefact worth thousands.<br/><br/>The 'scarecrow' was one of several hundred from Operation Bodyguard, part of Operation Overlord, on June 6 1944.<br/><br/>Paradummies, made of hessian cloth, straw and sawdust, were dropped to create fake invasions by allied forces to divert enemy attention from the Normandy landing beaches.<br/><br/>Most of the dummies had a self-destroying mechanism to destroy the evidence - making this surviving dummy rare and valuable.<br/><br/>The paradummy is thought to be worth around £10,000 and one of less than 30 still in existence.<br/><br/>It is now on permanent display in the D-Day exhibition at House on the Hill Toy Museum.<br/><br/>Robert, a retired watchmaker and antique collector from Braintree, Essex, said: \
80-year-old found rare D-Day paradummy - and mistook it for a scarecrow
⏲ 0:15 👁 1.9M
cmiexhibits
Sigmoid Diversion Colostomy
⏲ 4 minutes 54 seconds 👁 878.9K
Ice Queen
Its called an Ileostomy… google it ✌🏼 #ostomy #shorts #ostomate #ileostomy #stoma #medical
⏲ 35 seconds 👁 140.8K
Flights were diverted, delayed and cancelled at Liverpool John Lennon Airport on Monday due to a power failure
Liverpool Airport power failure grounds flights
⏲ 1:0 👁 970K
Ostomystory
How to change your ostomy bag
⏲ 14 minutes 9 seconds 👁 2.6M
Level Up RN
Ulcerative Colitis, Crohn's Disease & Diverticulitis - Medical-Surgical (GI) | @LevelUpRN
⏲ 11 minutes 40 seconds 👁 74.8K
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