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Inside A $46 Million Renewable Energy Swindle
⏲ 15:41 👁 12M
Distressing details revealed during a court hearing for Emma Lovell's teenage killer
⏲ 1:45 👁 35K
Rubber duckies bob down the River Wey at the 2024 Great Farnham Duck Race
⏲ 0:34 👁 1.2M
Indigenous woman from QLD wins global environmental award
⏲ 1:35 👁 35K
Grandad spends 25 years turning back garden into - Wild West 'town'
⏲ 1:37 👁 11.4M
V Vaidyanathan On IDFC First Bank's Q4 | NDTV Profit
⏲ 10:2 👁 615K
The Titanic is sunk with great loss of life | Titanic Sinking | Thrilling Point
⏲ 3:29 👁 25K
Federal government to establish national guns register
⏲ 2:7 👁 4.7M
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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.")
_distressing-details-revealed-during-a-court-hearing-for-emma-lovell39s-teenage-killer.jpg "Distressing vision and audio of the moment south-east Queensland woman Emma Lovell was stabbed to death by a teenage boy outside her home has been shown to a court for the first time.")
_rubber-duckies-bob-down-the-river-wey-at-the-2024-great-farnham-duck-race.jpg "Farnham's quackers annual event the Great Farnham Duck Race topped the bill in Gostrey Meadow on Saturday, April 27.<br/>There was barely room to waddle on the banks of the River Wey as the racing ducks bobbed past, and plenty shook a tail feather to <br/>Farnham Rock Choir too.<br/>There were gloomy clouds overhead, but the weather only turned really fowl until after the racing action had finished.")
_indigenous-woman-from-qld-wins-global-environmental-award.jpg "A young indigenous woman from far north Queensland has won a global award for environmental protection. She's rallied grassroots campaigns against mining on traditional land, earning worldwide attention.")
_grandad-spends-25-years-turning-back-garden-into-wild-west-39town39.jpg "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: \")
_v-vaidyanathan-on-idfc-first-bank39s-q4-124-ndtv-profit.jpg "IDFC First Bank MD & CEO V Vaidyanathan discusses the company's quarterly results and highlights the driving forces behind the bank's growth, in conversation with Samina Nalwala.<br/><br/><br/>Also read: https://bit.ly/3xOxdbd<br/><br/>")
_the-titanic-is-sunk-with-great-loss-of-life-124-titanic-sinking-124-thrilling-point.jpg "The Titanic is sunk with great loss of life | Titanic Sinking | Thrilling Point<br/>The Titanic started her trip from Southampton for New York on Wednesday. Late on Sunday night she struck an iceberg off the Grand Banks of Newfoundland. By wireless telegraphy she sent out signals of distress, and several liners were near enough to catch and respond to the call.<br/>#weirdsexrules #TudorEngland <br/>#HenryVIII#medivalengland <br/>#medievalhistory#viralnews")
_federal-government-to-establish-national-guns-register.jpg "Almost 30 years after the Port Arthur massacre, a national register allowing police across the country to easily share information about guns and the people who own them is finally being established. A deadly shooting in rural Queensland in December 2022 was the catalyst for commonwealth, state, and territory leaders to come to a deal, although it could take another four years for the register to be fully operational.")
_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.")
_distressing-details-revealed-during-a-court-hearing-for-emma-lovell39s-teenage-killer.webp "Distressing vision and audio of the moment south-east Queensland woman Emma Lovell was stabbed to death by a teenage boy outside her home has been shown to a court for the first time.")
_rubber-duckies-bob-down-the-river-wey-at-the-2024-great-farnham-duck-race.webp "Farnham's quackers annual event the Great Farnham Duck Race topped the bill in Gostrey Meadow on Saturday, April 27.<br/>There was barely room to waddle on the banks of the River Wey as the racing ducks bobbed past, and plenty shook a tail feather to <br/>Farnham Rock Choir too.<br/>There were gloomy clouds overhead, but the weather only turned really fowl until after the racing action had finished.")
_indigenous-woman-from-qld-wins-global-environmental-award.webp "A young indigenous woman from far north Queensland has won a global award for environmental protection. She's rallied grassroots campaigns against mining on traditional land, earning worldwide attention.")
_grandad-spends-25-years-turning-back-garden-into-wild-west-39town39.webp "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: \")
_v-vaidyanathan-on-idfc-first-bank39s-q4-124-ndtv-profit.webp "IDFC First Bank MD & CEO V Vaidyanathan discusses the company's quarterly results and highlights the driving forces behind the bank's growth, in conversation with Samina Nalwala.<br/><br/><br/>Also read: https://bit.ly/3xOxdbd<br/><br/>")
_the-titanic-is-sunk-with-great-loss-of-life-124-titanic-sinking-124-thrilling-point.webp "The Titanic is sunk with great loss of life | Titanic Sinking | Thrilling Point<br/>The Titanic started her trip from Southampton for New York on Wednesday. Late on Sunday night she struck an iceberg off the Grand Banks of Newfoundland. By wireless telegraphy she sent out signals of distress, and several liners were near enough to catch and respond to the call.<br/>#weirdsexrules #TudorEngland <br/>#HenryVIII#medivalengland <br/>#medievalhistory#viralnews")
_federal-government-to-establish-national-guns-register.webp "Almost 30 years after the Port Arthur massacre, a national register allowing police across the country to easily share information about guns and the people who own them is finally being established. A deadly shooting in rural Queensland in December 2022 was the catalyst for commonwealth, state, and territory leaders to come to a deal, although it could take another four years for the register to be fully operational.")
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