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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.")
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_skegness-standard-may-1-edition-out-now.jpg "Our Bank HolidaySkegness Standard newspaper edition for week starting May 1 is out now. Submit your articles by visiting https://submit.nationalworld.com/")
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_watch-in-my-feed-grab-these-mother39s-day-gifts-under-3650.jpg "Mother’s Day is the one day a year when we officially celebrate the superheroes without capes—our moms. But showing appreciation doesn’t have to break the bank. For those seeking budget-friendly gift ideas, look no further. We’ve rounded up a selection of thoughtful Mother’s Day gifts—all priced under $50.")
⏲ 1:10 👁 2.8M
_gen-z-publicans-pay-off-stonehenge-hotel-in-western-queensland-with-loan-from-former-owner.jpg "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.")
⏲ 3:9 👁 60K
_the-archers-village-kick-off-over-39swearing39-footballers-shattering-their-peace.jpg "A real-life drama is brewing in the idyllic village which inspired The Archers in a row over \")
⏲ 1:42 👁 2.7M
_may-the-4th-and-free-comic-book-day-at-forbidden-planet-wolverhampton.jpg "Manager Chris Ball tells Express & Star senior reporter James Vukmirovic about Free Comic Book Day and the annual celebration of Star Wars at the Forbidden Planet store in the Wulfrun Centre in Wolverhampton.<br/><br/>The shop will be hosting celebrations across the May Bank Holiday weekend.")
⏲ 2:22 👁 690K
_namdevco-cash-in-bank-is-368m.jpg "The National Agricultural Marketing and Development Corporation (NAMDEVCO) has had to use a significant amount of its cash in the bank because of what is states is lower than usual government subventions.<br/><br/><br/>Nonetheless, there may be a light at the end of the tunnel this year, if the 2024 allocation comes to fruition.<br/><br/><br/>Alicia Boucher has more in this report.")
⏲ 3:24 👁 210K
_naira-fall92-forex-trading-efcc-gets-court-order-to-freeze-1146-individual-company-micro-finance-bank-accounts-in-nigeri.jpg "Naira Fall/Forex Trading: EFCC Gets Court Order To Freeze 1146 Individual, Company, Micro Finance Bank Accounts In Nigeria ~ OsazuwaAkonedo #banks #Dollar #EFCC #Finance #Forex #Laundering #Micro #Money #Naira #Terrorism Federal High Court In Nigeria Has Granted An Order To The Country Anti Corruption Police, The Economic And Financial Crimes Commission, EFCC, To Freeze The Bank Accounts Of 1,146 Individuals And Companies Trading On Forex In A Suspicious Manner, Aiding, Facilitating Money Laundering And Terrorism. https://osazuwaakonedo.news/naira-fall-forex-trading-efcc-gets-court-order-to-freeze-1146-individual-company-micro-finance-bank-accounts-in-nigeria/29/04/2024/ #Breaking News Published: April 29th, 2024 Reshared: April 29, 2024 10:24 pm")
⏲ 8:44 👁 150K
_reform-education-system-now-says-rafidah-after-worrisome-world-bank-report.jpg "The former minister says failure to address the issues highlighted will cause Malaysia to fall behind in competitiveness and socioeconomic development.<br/><br/>Read More: https://www.freemalaysiatoday.com/category/nation/2024/04/29/reform-education-system-now-says-rafidah-after-worrisome-world-bank-report/<br/><br/>Laporan Lanjut: https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/04/29/rombak-segera-sistem-pendidikan-kata-rafidah-selepas-laporan-bank-dunia/<br/><br/>Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.<br/><br/>Subscribe to our channel - http://bit.ly/2Qo08ry<br/>------------------------------------------------------------------------------------------------------------------------------------------------------<br/>Check us out at https://www.freemalaysiatoday.com<br/>Follow FMT on Facebook: https://bit.ly/49JJoo5<br/>Follow FMT on Dailymotion: https://bit.ly/2WGITHM<br/>Follow FMT on X: https://bit.ly/48zARSW <br/>Follow FMT on Instagram: https://bit.ly/48Cq76h<br/>Follow FMT on TikTok : https://bit.ly/3uKuQFp<br/>Follow FMT Berita on TikTok: https://bit.ly/48vpnQG <br/>Follow FMT Telegram - https://bit.ly/42VyzMX<br/>Follow FMT LinkedIn - https://bit.ly/42YytEb<br/>Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj<br/>Follow FMT on WhatsApp: https://bit.ly/49GMbxW <br/>------------------------------------------------------------------------------------------------------------------------------------------------------<br/>Download FMT News App:<br/>Google Play – http://bit.ly/2YSuV46<br/>App Store – https://apple.co/2HNH7gZ<br/>Huawei AppGallery - https://bit.ly/2D2OpNP<br/><br/>#FMTNews #RafidahAziz #WorldBank #MalaysianStudents")
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_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: \")
⏲ 1:37 👁 11.4M
_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.")
⏲ 0:34 👁 1.2M
_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/>")
⏲ 10:2 👁 610K
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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.")
_skegness-standard-may-1-edition-out-now.webp "Our Bank HolidaySkegness Standard newspaper edition for week starting May 1 is out now. Submit your articles by visiting https://submit.nationalworld.com/")
_watch-in-my-feed-grab-these-mother39s-day-gifts-under-3650.webp "Mother’s Day is the one day a year when we officially celebrate the superheroes without capes—our moms. But showing appreciation doesn’t have to break the bank. For those seeking budget-friendly gift ideas, look no further. We’ve rounded up a selection of thoughtful Mother’s Day gifts—all priced under $50.")
_gen-z-publicans-pay-off-stonehenge-hotel-in-western-queensland-with-loan-from-former-owner.webp "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.")
_the-archers-village-kick-off-over-39swearing39-footballers-shattering-their-peace.webp "A real-life drama is brewing in the idyllic village which inspired The Archers in a row over \")
_may-the-4th-and-free-comic-book-day-at-forbidden-planet-wolverhampton.webp "Manager Chris Ball tells Express & Star senior reporter James Vukmirovic about Free Comic Book Day and the annual celebration of Star Wars at the Forbidden Planet store in the Wulfrun Centre in Wolverhampton.<br/><br/>The shop will be hosting celebrations across the May Bank Holiday weekend.")
_namdevco-cash-in-bank-is-368m.webp "The National Agricultural Marketing and Development Corporation (NAMDEVCO) has had to use a significant amount of its cash in the bank because of what is states is lower than usual government subventions.<br/><br/><br/>Nonetheless, there may be a light at the end of the tunnel this year, if the 2024 allocation comes to fruition.<br/><br/><br/>Alicia Boucher has more in this report.")
_naira-fall92-forex-trading-efcc-gets-court-order-to-freeze-1146-individual-company-micro-finance-bank-accounts-in-nigeri.webp "Naira Fall/Forex Trading: EFCC Gets Court Order To Freeze 1146 Individual, Company, Micro Finance Bank Accounts In Nigeria ~ OsazuwaAkonedo #banks #Dollar #EFCC #Finance #Forex #Laundering #Micro #Money #Naira #Terrorism Federal High Court In Nigeria Has Granted An Order To The Country Anti Corruption Police, The Economic And Financial Crimes Commission, EFCC, To Freeze The Bank Accounts Of 1,146 Individuals And Companies Trading On Forex In A Suspicious Manner, Aiding, Facilitating Money Laundering And Terrorism. https://osazuwaakonedo.news/naira-fall-forex-trading-efcc-gets-court-order-to-freeze-1146-individual-company-micro-finance-bank-accounts-in-nigeria/29/04/2024/ #Breaking News Published: April 29th, 2024 Reshared: April 29, 2024 10:24 pm")
_reform-education-system-now-says-rafidah-after-worrisome-world-bank-report.webp "The former minister says failure to address the issues highlighted will cause Malaysia to fall behind in competitiveness and socioeconomic development.<br/><br/>Read More: https://www.freemalaysiatoday.com/category/nation/2024/04/29/reform-education-system-now-says-rafidah-after-worrisome-world-bank-report/<br/><br/>Laporan Lanjut: https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/04/29/rombak-segera-sistem-pendidikan-kata-rafidah-selepas-laporan-bank-dunia/<br/><br/>Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.<br/><br/>Subscribe to our channel - http://bit.ly/2Qo08ry<br/>------------------------------------------------------------------------------------------------------------------------------------------------------<br/>Check us out at https://www.freemalaysiatoday.com<br/>Follow FMT on Facebook: https://bit.ly/49JJoo5<br/>Follow FMT on Dailymotion: https://bit.ly/2WGITHM<br/>Follow FMT on X: https://bit.ly/48zARSW <br/>Follow FMT on Instagram: https://bit.ly/48Cq76h<br/>Follow FMT on TikTok : https://bit.ly/3uKuQFp<br/>Follow FMT Berita on TikTok: https://bit.ly/48vpnQG <br/>Follow FMT Telegram - https://bit.ly/42VyzMX<br/>Follow FMT LinkedIn - https://bit.ly/42YytEb<br/>Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj<br/>Follow FMT on WhatsApp: https://bit.ly/49GMbxW <br/>------------------------------------------------------------------------------------------------------------------------------------------------------<br/>Download FMT News App:<br/>Google Play – http://bit.ly/2YSuV46<br/>App Store – https://apple.co/2HNH7gZ<br/>Huawei AppGallery - https://bit.ly/2D2OpNP<br/><br/>#FMTNews #RafidahAziz #WorldBank #MalaysianStudents")
_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: \")
_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.")
_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/>")
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