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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.
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hyper
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Classic Sonic Saturn
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The introduction of a flexible third EPF account is said to offer flexibility and immediate access to funds in times of need<br/><br/>Read More: https://www.freemalaysiatoday.com/category/nation/2024/04/28/malaysians-laud-introduction-of-third-flexible-epf-account/ <br/><br/>Laporan Lanjut: https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/04/28/rakyat-puji-pengenalan-akaun-fleksibel-kwsp/<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 #EPF #KWSP #Account3
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DC Comics Gamer
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stea27
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The Urus SE offers an unparalleled driving experience also thanks to the plug-in hybrid system, which helps to improve the vehicle’s performance and dynamics on any surface and in any condition: more torque and power at any rpm is provided by way of innovative technical solutions such as the introduction of the electric torque vectoring system between the two axles, and the electronic rear differential.<br/><br/>The twin-turbo 4.0 V8 engine has been re-engineered to work in optimal synergy with the electric powertrain. It develops 620 CV of power (456 kW) and 800 Nm of driving torque; the combustion unit is combined with an electric powertrain delivering 192 CV (141 kW) and 483 Nm of torque. In delivering maximum output the main focus has been on the calibration strategy between ICE and e-motor, reaching a total output of 800 CV to ensure an optimal power curve in every driving mode and on every surface. A 25.9-kWh lithium-ion battery is situated below the load floor and above the electronically-controlled rear differential.<br/><br/>The permanent-magnet synchronous electric motor located inside the 8-speed automatic transmission can act as a boost for the V8 combustion engine but also as a traction element, making the Urus SE a 100% electric 4WD vehicle capable of traveling more than 60 km in EV mode.<br/><br/>Debuting on the Urus SE is the new centrally-located longitudinal electric torque vectoring system with an electro-hydraulic multi-plate clutch, which distributes driving torque variably and continuously between the front and rear axles. The transfer case works in synergy with the new electronic limited-slip differential installed on the rear axle, giving the vehicle “on demand” oversteering to convey the feel of a purebred super sports car.
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Mario1Sonic2
⏲ 30 minutes 6 seconds 👁 209.9K
Josh's Cartoons
⏲ 52 minutes 13 seconds 👁 204.2K
A fight over a vital federal tax credit intended to kickstart a market for clean hydrogen and worries over high production costs are cooling near-term expectations for the climate-friendly fuel.<br/><br/>0:00 Introduction<br/>0:30 Green v Grey Hydrogen<br/>6:01 What Are The Biden Administration Carbon Goals?<br/>9:59 Is Green Hydrogen Realistic?<br/>14:47 Blue Hydrogen And Carbon Capture<br/>16:50 How Will Costs Come Down?<br/>21:00 What’s Next For Green Hydrogen?<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/alanohnsman/2024/04/16/green-hydrogens-hype-hits-some-very-expensive-hurdles/?sh=71cc54e16e57<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.
⏲ 23:0 👁 18.4M
Fred Wood
⏲ 4 minutes 21 seconds 👁 76.2K
RamblingGuy89
⏲ 31 seconds 👁 8.7K
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