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Inside A $46 Million Renewable Energy Swindle
⏲ 15:41 👁 10.3M
Pay 0% Business Taxes with a UK LLP
⏲ 9 minutes 👁 2.6K
How to pay UK corporation tax to HMRC
⏲ 2 minutes 46 seconds 👁 2.8K
Blackburn-born Cancer Research UK scientist Dominic Rothwell explains why we need to Race for Life
⏲ 2:21 👁 6.7M
Common Mistakes to Avoid When Setting Up a UK Limited Company
⏲ 9 minutes 48 seconds 👁 8.7K
THE 'BEST' SALARY TO PAY YOURSELF FR0M YOUR BUSINESS (LIMITED COMPANY) 23 24 EDITION
⏲ 6 minutes 11 seconds 👁 3.1K
‘Management responsible for funds transfer, not Najib’
⏲ 2:30 👁 6.8M
How do I deal with my first Corporation Tax accounts?
⏲ 3 minutes 24 seconds 👁 10.2K
Property investment through limited company
⏲ 5 minutes 58 seconds 👁 48.5K
Keir Starmer issues defiant message of support to Angela Rayner over tax affairs
⏲ 1:15 👁 690K
How To Save on Green Improvements Under Inflation Reduction Act
⏲ 2:28 👁 640K
ten Hag on Utd come back 4-2 Sheffield Utd win
⏲ 4:59 👁 21M
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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.")
_pay-0-business-taxes-with-a-uk-llp.webp "Miquel Gironès")
_how-to-pay-uk-corporation-tax-to-hmrc.webp "Simon Misiewicz US u0026 UK Taxes")
_blackburn-born-cancer-research-uk-scientist-dominic-rothwell-explains-why-we-need-to-race-for-life.webp "A Blackburn scientist is urging people to back life-saving research and sign up to Race for Life after losing his mum to the disease. <br/><br/>Dominic Rothwell, Deputy Director at the Cancer Research UK National Biomarker Centre in Manchester, is encouraging people in his hometown to take part in the Race for Life event at Witton Park, Blackburn on Wednesday June 12.<br/>")
_common-mistakes-to-avoid-when-setting-up-a-uk-limited-company.webp "Simon Misiewicz US u0026 UK Taxes")
_the-39best39-salary-to-pay-yourself-fr0m-your-business-limited-company-23-24-edition.webp "Heelan Associates")
_management-responsible-for-funds-transfer-not-najib.webp "Datuk Seri Najib Razak had never directed 1Malaysia Development Bhd (1MDB) to transfer a total of US$1.03bil to a company owned by fugitive businessman Low Taek Jho or Jho Low, the High Court has heard.<br/><br/>Malaysian Anti-Corruption Commission (MACC) senior officer Nur Aida Arifin testified on Friday (April 26) that 1MDB’s top management was responsible for the transactions between 1MDB and Low’s company Good Star Ltd.<br/><br/>Read more at https://tinyurl.com/4c2emat8<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline<br/>")
_how-do-i-deal-with-my-first-corporation-tax-accounts.webp "HMRCgovuk")
_property-investment-through-limited-company.webp "Samuel Leeds")
_keir-starmer-issues-defiant-message-of-support-to-angela-rayner-over-tax-affairs.webp "Starmer issues defiant message of support to Angela Rayner over tax affairsSource: Good Morning Britain, ITV")
_how-to-save-on-green-improvements-under-inflation-reduction-act.webp "Tax credits for energy-efficient home improvements are extended and expanded by the Inflation Reduction Act.")
_ten-hag-on-utd-come-back-4-2-sheffield-utd-win.webp "ten Hag on Utd come back 4-2 Sheffield Utd win<br/><br/>Old Trafford Stadium, Manchester, UK")
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