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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 👁 6.8M

Ms. Tara Tolzin

Claims, Reasons, & Evidence

⏲ 2 minutes 14 seconds 👁 33K

Michelle Gay Science Teacher

Claims, Evidence, and Reasoning- Keep it Simple for Young Students

⏲ 7 minutes 29 seconds 👁 1.2K

The World Snooker Championship 2024 is under way and we saw a major early shock with defending champion Luca Brecel crashing out on day one.The Belgian was on the receiving end of a stunning late comeback from qualifier David Gilbert, the former semi-finalist winning the last four frames in succession to claim a dramatic 10-9 victory at The Crucible.That was followed by fourth seed Ali Carter being bested by a strong run from Stephen Maguire, while Mark Selby looks in real trouble trailing 7-2 to Joe O’Connor. Judd Trump is though safely through to round two after defeating Iran’s Hossein Vafaei.Ronnie O’Sullivan will once again be the centre of attention in Sheffield as snooker’s biggest star aims for an eighth world title, having equalled Stephen Hendry’s modern record of seven crowns by memorably beating 2019 winner Trump 18-13 in the final two years ago.

World Snooker Championship 2024: Results, schedule and latest scores

⏲ 0:47 👁 160.1M

Bozeman Science

CER - Claim Evidence Reasoning

⏲ 7 minutes 25 seconds 👁 304.9K

SBCUSD

Introducing Claim, Evidence, and Reasoning

⏲ 11 minutes 59 seconds 👁 9K

<p>A Gravesend mum has issued an invitation to Rishi Sunak, saying he should come to her home and help give mental health support</a> to her struggling 18-year-old.</p><p>It comes after the Prime Minister said he wants to tackle what he described as the UK's \

Podcast: Mum invites Rishi Sunak to help look after her mentally ill teenager

⏲ 22:18 👁 6.2M

Social Security Disability Benefit Videos SSI SSDI

SSA always uses this to remove benefits

⏲ 49 minutes 28 seconds 👁 44.1K

Amoeba Sisters

CER (Claim, Evidence, Reasoning) in Biology

⏲ 7 minutes 39 seconds 👁 153.9K

Prime Minister Anthony Albanese spoke at a Canberra rally against gender-based violence on April 28, 2024.

Albanese calls national cabinet to end violence amid claims he gaslit event organiser

⏲ 5:52 👁 5.3M

Before Picard season 3, let's take stock which actors have appeared in the most shows....

10 Star Trek Actors Who Have Appeared In The Most Shows

⏲ 14:5 👁 5.2M

Released earlier this month on Netflix, Baby Reindeer tells the story of a struggling standup comic who shows kindness to a woman at a pub, only to be met with intense stalking. The show became a surprise hit, but it seems that behind the scenes, there is a real-life figure claiming to be the inspiration for the character Martha. In an interview with the Daily Mail, a 58-year-old woman alleges that writer-director Richard Gadd is \

Self-Proclaimed Real-Life Baby Reindeer Stalker Claims She's the Real Victim

⏲ 0:57 👁 5.3M

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