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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 👁 4.2M
Kate Ceberano
⏲ 3 minutes 20 seconds 👁 22.1K
Platinum Ice
⏲ 3 minutes 24 seconds 👁 147.7K
When this elegant Roquebrune-Cap-Martin villa was built in the 1920s, the French Riviera was already a coveted destination for the world’s wealthy and artistic.<br/><br/>The Belle Epoque had fueled tastes for opulence and lavishness. Clear blue Mediterranean waters, hillside landscapes and the mild climate drew inspiration-seeking writers, artists and intellectuals. Roquebrune-Cap-Martin’s grand hotel was a summer holiday destination for the likes of Winston Churchill and Queen Victoria.<br/><br/>This villa along the French Riviera consists of the multistory main house and a quaint staff residence set on nearly an acre of landscaped and manicured grounds. Ornate detailed windows, a balcony-topped portico and decks give the private residence the aura of a sophisticated boutique hotel. With more than 6,100 square feet of living space, the property contains 12 bedrooms and 11 bathrooms.<br/><br/>Read the full story on Forbes:<br/>https://www.forbes.com/sites/forbes-global-properties/2023/09/13/belle-epoque-villa-along-the-french-riviera-revels-in-its-glamorous-past/<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.
⏲ 1:58 👁 5.5M
Lysander Argus
⏲ 3 minutes 25 seconds 👁 13.1K
ronankeatingofficial
⏲ 4 minutes 24 seconds 👁 57.7M
The runaway success of weight loss drugs took the markets by storm last year, spurring huge stock gains for drugmakers like Novo Nordisk, which makes Wegovy and Ozempic. Most patients take them at home in weekly injections, using plastic, pen-like devices known as autoinjectors, filled with the liquid medication and fitted with a tiny needle as wide as two human hairs.<br/><br/>As demand for the drugs soars, so does the need for those devices. That growth has now minted a new billionaire: Roger Samuelsson, the 60-year-old Swedish cofounder of Switzerland-based SHL Medical, one of the world’s largest manufacturers of autoinjectors. Forbes estimates he’s worth $3 billion, largely thanks to his 69% stake in the company he cofounded in 1989. The remaining 31% is held by Swedish private equity firm EQT—which has minted seven billionaires over the years—and Athos, the family office of the billionaire Struengmann brothers. Press-shy Samuelsson, who declined multiple requests for an interview, also enjoys fast cars (he raced in the 2016 Ferrari Challenge series) and owns the 414-foot megayacht Octopus, which he bought in 2021; the yacht was built for its first owner, Microsoft cofounder Paul Allen (d. 2018).<br/><br/>0:00 Introduction<br/>0:20 Who Is Roger Samuelsson?<br/>3:32 The Growing Market For Injectors<br/>5:50 Who Is The Competition In The Space<br/>8:50 What's Next For SHL Medical<br/>10:45 What's Next For Roger Samuelsson<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/04/12/meet-the-billionaire-owned-company-making-injectors-for-blockbuster-drugs-like-ozempic/?sh=5ba1ce857607<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.
⏲ 11:59 👁 3.1M
Nikkix324
⏲ 3 minutes 37 seconds 👁 108.4K
ronankeatingofficial
⏲ 4 minutes 28 seconds 👁 44K
Cignal ends PVL 2024 with a win<br/><br/>The Cignal HD Spikers finished their Premier Volleyball League (PVL) 2024 All-Filipino Conference with a dominating sweep against Capital 1, 25-19, 25-17, 25-20, at the PhilSports Arena in Pasig City on Saturday, April 27.<br/><br/>Team captain Ces Molina scored 12 points against Capital 1 and admitted that as a team they fell short and they have to return stronger next season. <br/><br/>Cignal finished the conference with a 7-4 win-loss card, while Capital 1 only had one win in its column with 1-10.<br/><br/>Video by Nicole Anne D.G. Bugauisan<br/><br/>Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe<br/> <br/>Visit our website at https://www.manilatimes.net<br/> <br/> <br/>Follow us: <br/>Facebook - https://tmt.ph/facebook<br/> <br/>Instagram - https://tmt.ph/instagram<br/> <br/>Twitter - https://tmt.ph/twitter<br/> <br/>DailyMotion - https://tmt.ph/dailymotion<br/> <br/> <br/>Subscribe to our Digital Edition - https://tmt.ph/digital<br/> <br/> <br/>Check out our Podcasts: <br/>Spotify - https://tmt.ph/spotify<br/> <br/>Apple Podcasts - https://tmt.ph/applepodcasts<br/> <br/>Amazon Music - https://tmt.ph/amazonmusic<br/> <br/>Deezer: https://tmt.ph/deezer<br/><br/>Tune In: https://tmt.ph/tunein<br/><br/>#themanilatimes <br/>#philippines<br/>#volleyball <br/>#sports
⏲ 0:52 👁 8.2M
Years Later
⏲ 5 minutes 30 seconds 👁 73.2K
Melanie Chisholm
⏲ 3 minutes 22 seconds 👁 1M
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