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_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.")
_last-warning-arbaaz-khan-scolded-arjun-kapoor-when-he-refused-to-marry-pregnant-malaika-arora.webp "MSB Gossip")
⏲ 1 minute 6 seconds 👁 149.3K
_malaika-aroras-son-arhaan-khans-bedroom-get39s-redesigned-124-ep-4-124-dream-homes-with-gauri-khan.webp "Mirchi Plus")
⏲ 22 minutes 48 seconds 👁 661.8K
_clive-palmer-hosts-national-freedom-conference-with-right-wing-us-journalist-tucker-carlson.webp "Clive Palmer spoke about the Tucker Carlson freedom conference. Video via AAP.")
⏲ 0:34 👁 2M
_will-alia-bhatt-amp-katrina-kaif-answer-these-controversial-questions-124-bffs-with-vogue.webp "Fully Faltoo")
⏲ 5 minutes 14 seconds 👁 276.6K
_sajid-superstars-arbaaz-khan-amp-malaika-arora-part-2-3.webp "DaMegaUploader")
_reform-uk-mayoral-candidate-on-the-stump-in-wolverhampton.webp "Reform UK Mayoral candidate spoke to voters on Wolverhampton High Street as the May 2 poll approaches.")
_kareena-kapoor-khan-part-1-124-quick-heal-pinch-by-arbaaz-khan-124-quplaytv.webp "Qu Play")
⏲ 10 minutes 42 seconds 👁 1.8M
_arbaaz-khan-funny-reaction-on-ex-wife-malaika-arora39s-marrige-with-arjun-kapoor.webp "Bollywood Mirchii")
⏲ 5 minutes 5 seconds 👁 2.8M
_top-3-risks-for-employers-on-world-day-for-safety-amp-health-at-work-sun-april-28.webp "Top 3 Risks , for Employers on World Day , for Safety & Health At Work.<br/>April 28 is World Day for Safety <br/>and Health at Work, a day meant to stress <br/>the importance of workplace safety. .<br/>PR Newswire recently spoke with Alan Price, <br/>the CEO of BrightHR, on the top three risks <br/>in the workplace and tips for employers. .<br/>Risk #1: New and expectant mothers, Identify potential hazards that include <br/>physical, biological, mental and social risks.<br/>Evaluate hazards and take steps to minimize <br/>the risks posed to pregnant workers.<br/>Once you've taken these steps you <br/>must record your findings and share <br/>them with the employee. Then make any <br/>necessary adjustments such as changes <br/>to working environments, shift patterns, <br/>or finding suitable alternative work, Alan Price, CEO of BrightHR, via PRNewsWire.<br/>Once you've taken these steps you <br/>must record your findings and share <br/>them with the employee. Then make any <br/>necessary adjustments such as changes <br/>to working environments, shift patterns, <br/>or finding suitable alternative work, Alan Price, CEO of BrightHR, via PRNewsWire.<br/>Risk #2: Slipping, tripping or falling, According to Price, identifying <br/>potential hazards is the first step.<br/>Software that records potential hazards <br/>can reduce accidents and offer an <br/>accurate record to avoid disputes or claims.<br/>Risk #3: Fire Hazards, When it comes to the risk of fire, Price <br/>suggests following procedures, conducting risk <br/>assessments and maintaining accurate records.<br/>If an accident happens and you haven't <br/>done everything possible to prevent it, <br/>then you could be liable. If in doubt, seek <br/>advice to ensure safety and compliance, Alan Price, CEO of BrightHR, via PRNewsWire.<br/>As an employer it is your legal duty to <br/>do everything in your power to prevent <br/>employees from getting hurt at work. <br/>Not only to protect staff from <br/>injury but also to avoid penalties, <br/>failed inspections, and damage <br/>to your company's reputation, Alan Price, CEO of BrightHR, via PRNewsWire")
_malaika-amp-amrita-arora-play-39say-it-or-strip-it39-with-neha-dhupia-124-bffs-with-vogue.webp "Fully Faltoo")
⏲ 3 minutes 36 seconds 👁 95.7K
_malaika-arora-talks-about-divorce-with-kareena-kapoor-khan.webp "Mirchi Plus")
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