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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 👁 10.8M

Angel Bengali Songs

Kothay Elam Ami | Dhusar Godhuli | Bengali Movie Song | Kumar Sanu, Bela Gulzar

⏲ 6 minutes 27 seconds 👁 855.9K

Alone Mohin

Manik (2005) | মানিক | Jeet | Koyel Mallick | Ranjeet Mallick | Kolkata Bengali Old Full HD Movie

⏲ 2 hours 30 minutes 41 seconds 👁 39K

Brian J. Esposito, CEO of Diamond Lake Minerals, Inc., and Galiano Tiramani, Founder of BOXABL, were recently guests on Benzinga's All-Access.<br/><br/>Diamond Lake Minerals specializes in the development and support of digital assets and SEC-registered security tokens. The company's goal is to responsibly innovate and develop valuable traditional businesses and successfully combine them with the future of money and digital assets. <br/><br/>Mr. Esposito was joined by Mr. Galiano to speak about their companies' exciting new partnership.

Innovative Pre-Fab Housing Company Teams Up With Tokenization Pioneer

⏲ 11:24 👁 620K

Angel Bengali Songs

Best of 1980's | Bengali Movie Songs | Video Jukebox

⏲ 41 minutes 54 seconds 👁 917.2K

Angel Bengali Songs

Top 15 Evergreen Bengali Songs | Hits Bengali Movie Video Jukebox

⏲ 50 minutes 29 seconds 👁 573.9K

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The Wolverine (2025) - First TrailerDaniel Radcliffe

⏲ 1:26 👁 160K

Sony Music East

Abishkar | Movie Song Audio Jukebox | Bengali Songs 2020 | Sony Music East

⏲ 27 minutes 24 seconds 👁 319.9K

Eskay Movies

Krishna Kavery | Full Song | Abhishek Chatterjee | Satabdi Roy | Krishna Kavery | Eskay Movies

⏲ 4 minutes 30 seconds 👁 635.3K

watch here new The Wolverine (2025) - First TrailerDaniel Radcliffe. Do follow for watching next

The Wolverine (2025) - First TrailerDaniel Radcliffe

⏲ 1:26 👁 160K

Sony Music East

Brishti Anasrishti | Video Song | Lata Mangeshkar | Bengali Movie Song | Bapi Lahiri

⏲ 7 minutes 16 seconds 👁 4.7M

Sanjib Das Music

ওপার বাংলার সুপার হিট বাংলা গান ❤️। Banglades Hit flim song ❤️ । Super Hit song of Banglades

⏲ 54 minutes 22 seconds 👁 30.1K

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