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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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_how-to-focus-stack-for-amazingly-sharp-landscape-macro-or-product-photos.jpg "Photo Genius")
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_how-i-focus-stack-for-perfectly-sharp-landscape-photos.jpg "Mark Denney")
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_it-feels-too-early-for-network-tv-to-start-canceling-shows-but-nbc-just-got-the-ball-rolling.jpg "The TV season looks a bit different this year, given that the since-resolved SAG-AFTRA and WGA strikes had an impact on programming this year. With most shows returning in February this year, we’re truly still in the thick of 2024 network programming. Delays or not though, it’s a bit early to be thinking about cancellations at this point. However, such decisions have already been made over at NBC, it seems. The company got the ball rolling by dropping the ax on two series that fell under the umbrella of unscripted content. <br/><br/>NBC has officially canceled both \")
⏲ 1:15 👁 5.1M
_blurry-photos-this-could-be-why-plane-of-focus-explained.jpg "Photo Genius")
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_from-blurry-to-brilliant-pro-tips-for-perfect-focus-in-photography.jpg "Photo Genius")
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_james-webb-space-telescope39s-view-of-pandora39s-cluster-is-interesting.jpg "James Webb Space Telescope imagery of Pandora’s Cluster (Abell 2744) delivers three galaxy clusters and so much more. Take a tour of the view. <br/><br/>Video: STScI, Danielle Kirshenblat<br/>Music: PremiumBeat Music, Klaus Hergersheimer<br/>Science: Ivo Labbe (Swinburne), Rachel Bezanson (University of Pittsburgh)<br/>Image Processing: STScI, Alyssa Pagan")
⏲ 1:38 👁 5M
_tips-amp-tricks-for-sports-photography-what-you-need-to-know.jpg "Jared Polin")
⏲ 21 minutes 13 seconds 👁 1.7K
_deep-focus-music-to-improve-concentration-11-hours-of-ambient-study-music-to-concentrate-5.jpg "4K Video Nature - Focus Music")
⏲ 11 hours 47 minutes 27 seconds 👁 1.2M
_microsoft39s-new-39deepfake39-video-generator-in-action.jpg "<p>Microsoft's VASA-1 system can generate lifelike video from a single image and an audio clip, and users can even specify emotions, or make the Mona Lisa come to life.</p>")
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_the-best-focus-point-for-the-sharpest-photos.jpg "Mark Denney")
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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.")
_how-to-focus-stack-for-amazingly-sharp-landscape-macro-or-product-photos.webp "Photo Genius")
_how-i-focus-stack-for-perfectly-sharp-landscape-photos.webp "Mark Denney")
_it-feels-too-early-for-network-tv-to-start-canceling-shows-but-nbc-just-got-the-ball-rolling.webp "The TV season looks a bit different this year, given that the since-resolved SAG-AFTRA and WGA strikes had an impact on programming this year. With most shows returning in February this year, we’re truly still in the thick of 2024 network programming. Delays or not though, it’s a bit early to be thinking about cancellations at this point. However, such decisions have already been made over at NBC, it seems. The company got the ball rolling by dropping the ax on two series that fell under the umbrella of unscripted content. <br/><br/>NBC has officially canceled both \")
_blurry-photos-this-could-be-why-plane-of-focus-explained.webp "Photo Genius")
_from-blurry-to-brilliant-pro-tips-for-perfect-focus-in-photography.webp "Photo Genius")
_james-webb-space-telescope39s-view-of-pandora39s-cluster-is-interesting.webp "James Webb Space Telescope imagery of Pandora’s Cluster (Abell 2744) delivers three galaxy clusters and so much more. Take a tour of the view. <br/><br/>Video: STScI, Danielle Kirshenblat<br/>Music: PremiumBeat Music, Klaus Hergersheimer<br/>Science: Ivo Labbe (Swinburne), Rachel Bezanson (University of Pittsburgh)<br/>Image Processing: STScI, Alyssa Pagan")
_tips-amp-tricks-for-sports-photography-what-you-need-to-know.webp "Jared Polin")
_deep-focus-music-to-improve-concentration-11-hours-of-ambient-study-music-to-concentrate-5.webp "4K Video Nature - Focus Music")
_microsoft39s-new-39deepfake39-video-generator-in-action.webp "<p>Microsoft's VASA-1 system can generate lifelike video from a single image and an audio clip, and users can even specify emotions, or make the Mona Lisa come to life.</p>")
_the-best-focus-point-for-the-sharpest-photos.webp "Mark Denney")
_how-to-sharpen-blurry-photos-in-photoshop-in-seconds.webp "Will Simpson - Exploring Photography")
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