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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.")
⏲ 15:41 👁 12M
_baby-is-not-a-fan-of-getting-her-ears-pierced.jpg "Getting your ears pierced is no joke, and the adorable star of this video learned this lesson in a stingy way. <br/><br/>\")
⏲ 1:6 👁 7.3M
_sci-fi-box-office-bombs-that-are-actually-worth-watching.jpg "Making movie magic isn't cheap, and some films live or die based on their box office receipts. But does not making money mean they suck? Not always! These sci-fi bombs are the bee's knees.")
⏲ 13:38 👁 8.6M
_microsoft-to-open-first-regional-data-centre-in-thailand.jpg "Tech giant Microsoft on May 1 said it will open its first regional data centre in Thailand as it looks to boost the availability of cloud services.<br/><br/>The news comes a day after the company announced investments worth US$1.7bil in artificial intelligence (AI) and cloud facilities in neighbouring Indonesia.<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline")
⏲ 1:12 👁 5M
_lone-bettor-wins-p103-4-m-ultra-lotto-jackpot-in-april-30-draw.jpg "The Philippine Charity Sweepstakes Office (PCSO) announced that a bettor won the Ultra Lotto 6/58 jackpot on Tuesday evening, April 30, draw.<br/><br/>The lucky bettor matched the Ultra Lotto winning combination of 09-56-36-07-55-54 for a prize worth P103.4 million.<br/><br/>READ MORE: https://mb.com.ph/2024/4/30/lone-bettor-wins-p103-4-m-ultra-lotto-jackpot-in-april-30-draw")
⏲ 1:44 👁 8.3M
_top-10-hollywood-gambles-that-paid-off-big-time.jpg "It's worth taking a chance sometimes! Welcome to WatchMojo, and today we’re counting down our picks for movie production decisions that were risky on a logistical, creative or financial level - but which ended up with critical and/or monetary success. Spoiler Alert!")
⏲ 11:53 👁 1.1M
_million-dollar-fish-caught-124-katherine-times-124-april-30-2024.jpg "Watch the epic moment a 19-year-old fisherman reels in a barramundi from the Katherine River in the Northern Territory, and realises the fish carries a red tag - making the fish worth a whopping $1 million dollars.")
⏲ 0:30 👁 35.7M
_korea39s-5-richest-billionaires-2024.jpg "Although South Korea’s benchmark Kospi index was one of the worst performers in Asia last year, it rebounded in 2024 fueled by investor frenzy over AI and the government’s $470 billion plan with the private sector to make the country a global chip production hub. The Kospi’s 11% rise, since we last measured fortunes 12 months ago, lifted the collective net worth of the country’s 50 richest to $115 billion from $106 billion.<br/><br/>This list was compiled using shareholding and financial information obtained from the families and individuals, stock exchanges, annual reports, analysts, government agencies and other sources. Net worths were based on stock prices and exchange rates as of the close of markets on April 2, 2024 and private companies were valued based on similar companies that are publicly traded. Real-time net worths on Forbes.com may reflect different valuations. The ranking lists both individual and family fortunes, including those shared among relatives and may differ from the World’s Billionaires List, which includes individual fortunes with net worths as of March 8. The list can also include foreign citizens with business, residential or other ties to the country, or citizens who don’t reside in the country but have significant business or other ties to the country. The editors reserve the right to amend any information or remove any listees in light of new information.<br/><br/>Read the full story on Forbes: https://www.forbes.com/lists/korea-billionaires/?sh=745f04012222<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.")
⏲ 3:36 👁 1.1M
_foreign-investment-transactions-post-net-outflows-worth-36236-m-in-march.jpg "Foreign investment transactions post net outflows worth $236-M in March")
⏲ 0:30 👁 605K
_can-the-maple-leafs-come-back-in-this-series-124-bruin-beat.jpg "Evan Marinofsky is joined today by Rear Admiral of the Spittin' Chiclets Podcast to break down the first 3 games of the Bruins and Leafs series, and talk about whether or not Toronto can get back into this series. That, and much more!<br/><br/>Topics: <br/>- The goalie rotation debate<br/>- Who starts Game 4? <br/>- The Bruins hold the advantage in net <br/>- Vintage Brad Marchand <br/>- What will it take for Toronto to get back into the series? <br/>- How far can the Bruins go? <br/><br/>Get in on the excitement with PrizePicks, America’s No. 1 Fantasy Sports App, where you can turn your hoops knowledge into serious cash. Download the app today and use code CLNS for a first deposit match up to $100! Pick more. Pick less. It’s that Easy! Football season may be over, but the action on the floor is heating up. Whether it’s Tournament Season or the fight for playoff homecourt, there’s no shortage of high stakes basketball moments this time of year. Quick withdrawals, easy gameplay and an enormous selection of players and stat types are what make PrizePicks the #1 daily fantasy sports app!")
⏲ 33:2 👁 260.1M
_how-hoka-became-a-billion-dollar-brand-by-selling-comfort.jpg "Hoka was founded a little over a decade ago, and the brand is already worth more than $1 billion. We explore the shoe’s design and what makes the brand stand out from its competitors.")
⏲ 4:15 👁 240K
_former-shoplifter-who-stole-3m-worth-of-items-92.jpg "A former shoplifter who stole £3million worth of items says Brits now have \")
⏲ 6:27 👁 3.2M
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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.")
_baby-is-not-a-fan-of-getting-her-ears-pierced.webp "Getting your ears pierced is no joke, and the adorable star of this video learned this lesson in a stingy way. <br/><br/>\")
_sci-fi-box-office-bombs-that-are-actually-worth-watching.webp "Making movie magic isn't cheap, and some films live or die based on their box office receipts. But does not making money mean they suck? Not always! These sci-fi bombs are the bee's knees.")
_microsoft-to-open-first-regional-data-centre-in-thailand.webp "Tech giant Microsoft on May 1 said it will open its first regional data centre in Thailand as it looks to boost the availability of cloud services.<br/><br/>The news comes a day after the company announced investments worth US$1.7bil in artificial intelligence (AI) and cloud facilities in neighbouring Indonesia.<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline")
_lone-bettor-wins-p103-4-m-ultra-lotto-jackpot-in-april-30-draw.webp "The Philippine Charity Sweepstakes Office (PCSO) announced that a bettor won the Ultra Lotto 6/58 jackpot on Tuesday evening, April 30, draw.<br/><br/>The lucky bettor matched the Ultra Lotto winning combination of 09-56-36-07-55-54 for a prize worth P103.4 million.<br/><br/>READ MORE: https://mb.com.ph/2024/4/30/lone-bettor-wins-p103-4-m-ultra-lotto-jackpot-in-april-30-draw")
_top-10-hollywood-gambles-that-paid-off-big-time.webp "It's worth taking a chance sometimes! Welcome to WatchMojo, and today we’re counting down our picks for movie production decisions that were risky on a logistical, creative or financial level - but which ended up with critical and/or monetary success. Spoiler Alert!")
_million-dollar-fish-caught-124-katherine-times-124-april-30-2024.webp "Watch the epic moment a 19-year-old fisherman reels in a barramundi from the Katherine River in the Northern Territory, and realises the fish carries a red tag - making the fish worth a whopping $1 million dollars.")
_korea39s-5-richest-billionaires-2024.webp "Although South Korea’s benchmark Kospi index was one of the worst performers in Asia last year, it rebounded in 2024 fueled by investor frenzy over AI and the government’s $470 billion plan with the private sector to make the country a global chip production hub. The Kospi’s 11% rise, since we last measured fortunes 12 months ago, lifted the collective net worth of the country’s 50 richest to $115 billion from $106 billion.<br/><br/>This list was compiled using shareholding and financial information obtained from the families and individuals, stock exchanges, annual reports, analysts, government agencies and other sources. Net worths were based on stock prices and exchange rates as of the close of markets on April 2, 2024 and private companies were valued based on similar companies that are publicly traded. Real-time net worths on Forbes.com may reflect different valuations. The ranking lists both individual and family fortunes, including those shared among relatives and may differ from the World’s Billionaires List, which includes individual fortunes with net worths as of March 8. The list can also include foreign citizens with business, residential or other ties to the country, or citizens who don’t reside in the country but have significant business or other ties to the country. The editors reserve the right to amend any information or remove any listees in light of new information.<br/><br/>Read the full story on Forbes: https://www.forbes.com/lists/korea-billionaires/?sh=745f04012222<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.")
_foreign-investment-transactions-post-net-outflows-worth-36236-m-in-march.webp "Foreign investment transactions post net outflows worth $236-M in March")
_can-the-maple-leafs-come-back-in-this-series-124-bruin-beat.webp "Evan Marinofsky is joined today by Rear Admiral of the Spittin' Chiclets Podcast to break down the first 3 games of the Bruins and Leafs series, and talk about whether or not Toronto can get back into this series. That, and much more!<br/><br/>Topics: <br/>- The goalie rotation debate<br/>- Who starts Game 4? <br/>- The Bruins hold the advantage in net <br/>- Vintage Brad Marchand <br/>- What will it take for Toronto to get back into the series? <br/>- How far can the Bruins go? <br/><br/>Get in on the excitement with PrizePicks, America’s No. 1 Fantasy Sports App, where you can turn your hoops knowledge into serious cash. Download the app today and use code CLNS for a first deposit match up to $100! Pick more. Pick less. It’s that Easy! Football season may be over, but the action on the floor is heating up. Whether it’s Tournament Season or the fight for playoff homecourt, there’s no shortage of high stakes basketball moments this time of year. Quick withdrawals, easy gameplay and an enormous selection of players and stat types are what make PrizePicks the #1 daily fantasy sports app!")
_how-hoka-became-a-billion-dollar-brand-by-selling-comfort.webp "Hoka was founded a little over a decade ago, and the brand is already worth more than $1 billion. We explore the shoe’s design and what makes the brand stand out from its competitors.")
_former-shoplifter-who-stole-3m-worth-of-items-92.webp "A former shoplifter who stole £3million worth of items says Brits now have \")
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