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Persistently high inflation in the United States could see the world's most powerful central bank delay cutting interest rates. But does that mean Australia will do the same? Alan Kohler explains when borrowers here might be able to expect some rate relief.

Alan Kohler Explains: Inflation in Australia differs from the US

⏲ 1:38 👁 39.9M

Börse Stuttgart

Chart-Check: Meta, Gold, Bitcoin, DAX & Dollar | Börse Stuttgart | Invest 2024

⏲ 9 minutes 17 seconds 👁 398

Investment teufel

Aktien Update Chartanalyse: Russel200 Small Cap, Gold, Nasdaq100, Dax, Shimano, Teamviewer, Xiaomi

⏲ 14 minutes 43 seconds 👁 17

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.

Inside A $46 Million Renewable Energy Swindle

⏲ 15:41 👁 8.1M

Finanzfluss

Was sind Optionen? Spezielle Derivate einfach erklärt! | Finanzlexikon

⏲ 13 minutes 46 seconds 👁 329K

CNBC International TV

Investor sentiment towards China is 'almost' at an inflection point: Deutsche Bank

⏲ 2 minutes 41 seconds 👁 2.1K

Doing laundry is loads of fun right? Well, apparently it can be more fun if you implement certain products in your clothes washing routine. Here’s a list of recommended items that can not only speed up your stain removal process, but they won’t break the bank either! Buzz60’s Chloe Hurst has the story!

Optimize Your Laundry Technique With These Recommended Products

⏲ 1:0 👁 37.6M

Bloomberg Television

Deutsche Bank Watching ‘Tricky’ M&A Conditions, CFO Says

⏲ 9 minutes 27 seconds 👁 1K

Bloomberg Television

Deutsche Bank CFO Von Moltke on Earnings, Trading, Interest Rates

⏲ 11 minutes 41 seconds 👁 2.2K

Burnley Live will take place over the May Day Bank Holiday Weekend – Friday, May 3rd to Monday May 6th

Burnley Live 2024 promo

⏲ 6:0 👁 34.1M

How To Geek

Deutsche Bank Online Banking !

⏲ 1 minute 32 seconds 👁 29

Deutsche Bank

A day in the life of... FIC Sales, Trading & Structuring

⏲ 1 minute 29 seconds 👁 5.4K

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