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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.
⏲ 15:41 👁 11.1M
Megaprojects
⏲ 17 minutes 46 seconds 👁 56.9K
Valeriy Rayskiy
⏲ 1 minute 11 seconds 👁 201
AN AMISH BUGGY that would normally be drawn by horses has been fitted with a turbo jet engine. “It’s like oil and water, they should not go together,” jokes its creator Chad Clark. The outrageous project, built by Chad Clark and Mike Monter of Millersburg, Ohio was originally meant to be something very different. “Mike and I were at our local county fair, I mentioned it would be really cool to build a turbine-powered four-wheel drive pulling truck,” Chad explained. But the auction description had misrepresented the engine as a turbo shaft engine. “I went home that night, found an engine online and bought it but didn’t realise it was not turboshaft, it was turbojet only,” Chad remembers. They ended up having to use a much lighter vehicle instead of the original truck. “We live in the Amish capital of the world so we figured an Amish buggy would be perfect,” Chad said. Co-creator Mike Monter told Future Studios Cars: “He called me up, said we’re not doing a pulling truck anymore, we’re doing an Amish buggy – seemed natural.” The build and modifications cost around $30,000 and took roughly 700 hours of labour to complete: “Many all-nighters,” Chad said. When out in public, people struggle to believe the bizarre creation actually works. “When people see the Thunder Buggy they can’t believe their eyes and the first question is, does it really move? Yes it does,” explained Chad. Traditionally, these buggies would have been moved by horses so this particular one is far from conventional. “The buggy is not designed to take 100 feet of electrical wiring, fuel tanks and a jet engine,” Chad admitted. With a top speed of 65 miles per hour before the wheels start shaking, this exhibition-only vehicle was not built for speed: “It’s a really simple engine design, it’s some pretty awesome engineering from back in the 40s,” explained Chad.
⏲ 5:26 👁 5.3M
Armourgeddon
⏲ 10 minutes 50 seconds 👁 7.1K
The Tank Museum
⏲ 30 minutes 17 seconds 👁 966.7K
In the latest episode of the Greg Bedard Patriots Podcast, Greg and Nick provided reactions to the first two days of the NFL draft. They discussed the Patriots' decision not to trade out of the third pick, choosing quarterback Drake Maye instead, and explained why it was a strategic move. They also analyzed the Patriots' second-round decision to trade down for better positioning later in the draft, selecting Ja’Lynn Polk and offensive lineman Caedan Wallace. The episode wrapped up with a preview of Day 3, highlighting potential targets and strategies for the Patriots.<br/><br/>0:00 Patriots don’t trade out of 3 … take QB Drake Maye<br/><br/>25:30 Patriots trade down from 34<br/><br/>29:27 Patriots pick WR Ja’Lynn Polk<br/><br/>46:40 At 64 Patriots take OL Caedan Wallace<br/><br/>1:06:06 Day 3 Preview: What would you like to see them do?<br/><br/>Check Greg's Coverage out over at www.bostonsportsjournal.com, for $50 on BSJ's annual plan. Not only do you get top-notch analysis of all the Boston pro sports, but if you're a Patriots junkie — and if you're listening to this podcast, you are — then a membership at BSJ gives you access to a ton of video analysis Bedard does on the coaches film, and direct access to him in weekly chats.<br/><br/>This episode of the Greg Bedard Patriots Podcast w/ Nick Cattles is brought to you by:<br/><br/>PrizePicks! Get in on the excitement with PrizePicks, America’s No. 1 Fantasy Sports App, where you can turn your hoops knowledge into serious cash. Download the app today and use code CLNS for a first deposit match up to $100! Pick more. Pick less. It’s that Easy!
⏲ 1:10:54 👁 69.6M
Mr Hewes
⏲ 13 minutes 24 seconds 👁 671.5K
Mark Felton Productions
⏲ 4 minutes 56 seconds 👁 139.8K
Is the “hush workcation” the new vacation trend? Nearly a third of Americans admitted they’ve worked remotely on vacation without telling their bosses.<br/><br/>The poll of 2,000 employed Americans — split evenly among travelers and hotel workers — found 52% of them would use their vacation travels as a chance to work remotely and 29% have done so without notifying anyone at work.<br/><br/>Close to four in 10 (39%) explained it was simply because they like what they do for work. Meanwhile, others would work on vacation to hit an important work deadline that overlapped with their vacation time (28%) or to save on their PTO (26%). <br/><br/>And for many others, traveling for work opens the door to other opportunities: nearly half (48%) have extended their work trips into vacations at their destination.<br/><br/>Commissioned by Mews, a hospitality cloud system, and conducted by OnePoll, the study reveals that four in five working Americans would be willing to work remotely from their hotel. <br/><br/>While working from the comfort of one’s hotel room is the top preference (69%), a quarter of respondents said they would prefer to work remotely from the hotel pool or spa, and nearly 25% chose a hotel bar or restaurant. <br/><br/>Three in four travelers (74%) and hotel workers (75%) agree that Americans are prioritizing travel more this year than last.<br/><br/>Seventy-nine percent are planning all their travels for the year “as soon as they possibly can” and estimate they’ll take a total of 11 trips in 2024.<br/><br/>Among the trips planned are three vacations and three family trips; alongside three work trips and two “bleisure” trips — combining business with leisure — for employed respondents.<br/><br/>Hotel workers are prepared — they claimed guests traveling for work or bleisure are the easiest to cater to (83% and 76%, respectively). They anticipate the guests will tip more (39%), extend their stay more frequently (38%), and use hotel amenities more (31%) in the year ahead. <br/><br/>Nearly a third of guests stated a perfect hotel would have keyless room entry (34%) and in-room smart home devices (43%) and nearly one-fourth would prefer mobile room entry (27%) and digital ordering (24%). <br/><br/>The study also found that hotel workers anticipate guests to use technology more in 2024, with a fourth expecting them to check in more frequently via a hotel website, app or digital kiosk compared to previous years. <br/><br/>More than 40% of travelers stated they prefer to check in via a hotel’s website, app or digital kiosk, and nearly 80% said they would be willing to stay at a hotel that had a completely automated front desk or self-service kiosk. <br/><br/>A third (36%) admitted they have turned to AI for recommendations while booking travel.
⏲ 1:11 👁 5.9M
TIMID drivers might want to steer clear of ‘Tankenstein’, a hotrod built around a genuine, bullet-riddled World War II tank. Car-crazy customiser Shawn Cormier, from Ontario, Canada, spent five years building the vehicle - whose name is a pun on Frankenstein's monster. The hotrod is constructed around the base of a World War II brand gun cure from 1944, with a Chevy drive train, a small block Chevy turbo 350 trim mission, a standard four gear in the back and the top part of the cab is a 1947 Mercury truck. To Keep up with Tankenstein.
⏲ 5:24 👁 3.4M
In the latest episode of The Big 3 Podcast, hosts A. Sherrod Blakely, Gary Washburn, and Kwani Lunis discuss the Celtics' convincing Game 3 victory, what made the difference this game, the impact Joe Mazzulla made, how the Celtics can carry this energy into game 4, and much more!<br/><br/><br/><br/><br/><br/>The Big 3 NBA Podcast with Gary, Sherrod & Kwani is available on Apple Podcasts, Spotify, YouTube as well as all of your go to podcasting apps. Subscribe, and give us the gift that never gets old or moldy- a 5-Star review - before you leave!<br/><br/><br/><br/>TOPIC TIMELINE:<br/><br/>00:45 - C’s Turn it around in game 3<br/><br/>04:20 - Celts Bench <br/><br/>08:40 - Mazzulla’s adjustments<br/><br/>13:37 - PrizePicks<br/><br/>14:35 - Focus on defense<br/><br/>17:18 - Porzingis<br/><br/>22:34 - Expectations for Game 4
⏲ 29:18 👁 5.6M
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