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Inside A $46 Million Renewable Energy Swindle
⏲ 15:41 👁 825K
ICICI BUSINESS LEADERSHIP PROGRAM | PACKAGE- 12.5L
⏲ 8 minutes 48 seconds 👁 32
BANKING JOB; Things to know before starting your career || The Worldly Guy
⏲ 8 minutes 39 seconds 👁 17.4K
The Archers village kick off over 'swearing' footballers shattering their peace
⏲ 1:42 👁 650K
Review ICICI Bank Business Leadership Programme | ICICI Bank Vacancy | ICICI Bank Jobs
⏲ 4 minutes 56 seconds 👁 84
PO Programme Explained || ICICI Bank || The wordly guy
⏲ 10 minutes 20 seconds 👁 59.3K
Bristol will host the BBC Proms this summer!
⏲ 3:0 👁 3.1M
ICICI Bussiness leadership program II BLP II NISM certificate and program details
⏲ 2 minutes 30 seconds 👁 553
Thieves Rip Cash Machine Out of Bank Using Forklift
⏲ 1:23 👁 6.2M
Brexiteers destroyed Britain’s future, says former Bank of England governor
⏲ 0:56 👁 735K
Bank of Japan Holds Policy Rate Steady Amid Lower-than-Expected Inflation
⏲ 0:45 👁 510K
Public to have say on new Aussie $5 note design honouring First Nations culture
⏲ 1:0 👁 9.5M
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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.")
_icici-business-leadership-program-124-package-12-5l.webp "Tripuresh Tripathi")
_banking-job-things-to-know-before-starting-your-career-124124-the-worldly-guy.webp "The Wordly Guy")
_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 \")
_review-icici-bank-business-leadership-programme-124-icici-bank-vacancy-124-icici-bank-jobs.webp "Career Salary Interview")
_po-programme-explained-124124-icici-bank-124124-the-wordly-guy.webp "The Wordly Guy")
_bristol-will-host-the-bbc-proms-this-summer.webp "Part of the recently introduced Proms Across the UK, Proms Bristol will see four concerts taking place over the August bank holiday weekend")
_icici-bussiness-leadership-program-ii-blp-ii-nism-certificate-and-program-details.webp "Social Sushil")
_thieves-rip-cash-machine-out-of-bank-using-forklift.webp "English police are on the hunt for at least three male suspects who used a stolen telehandler forklift to rip a cash machine from the front of a bank in Sawbridgeworth, about 30 miles north of London, on Tuesday, April 23.")
_brexiteers-destroyed-britains-future-says-former-bank-of-england-governor.webp "Brexiteers destroyed Britain’s future, says former Bank of England governorSource: CPAC")
_bank-of-japan-holds-policy-rate-steady-amid-lower-than-expected-inflation.webp "The Bank of Japan kept its policy rate unchanged at 0% to 0.1% after its monetary policy meeting. This comes after Tokyo's April inflation was lower than expected at 1.6% versus estimates of 2.2%. The BOJ will continue bond purchases in line with its March decision of around $83 billion monthly. The yen weakened further against the dollar after the decision, trading around 156 yen to the dollar. BOJ Governor said exchange rate volatility could significantly impact the economy and prices.")
_public-to-have-say-on-new-aussie-365-note-design-honouring-first-nations-culture.webp "The Reserve Bank of Australia is seeking public input from March 1 to April 30, 2024 for the new $5 note design which will celebrate First Nations history and culture, and be without a portrait.")
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