Chicago area businessman, partner accused of defrauding investors
CHICAGO -- Some clients of a Chicago area businessman and his partner thought they were investing their savings in a clean energy hydrogen plant.But that plant never even existed â and the clients now say the pair stole millions from them. They have filed a class-action lawsuit in Cook County Circuit Court.Businessman Paul Croft and his partner, J.D. Frost, took self-promotion to a new level on social media â with podcast, TikToks, and a YouTube show called 'The Rhino Zone.
'Of which about $46 million went into their own pockets,' Loftus said. 'Instead, the money went to pay off their creditors and buy Ferraris.'Loftus said the money went to pay for Croft's incredible car collection, and Frost's $27,000-per-month American Express bill.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Computational Biology - Chicago, Illinois job with University of Illinois Chicago - Department of Biochemistry and Molecular GeneticsDescription The Department of Biochemistry and Molecular Genetics, College of Medicine, at the University of Illinois, Chicago (UIC), is soliciting applications for an open rank tenure track faculty position in Computational Biology.
Read more »
Week in Review: Chicago bakery has nationwide success • tornadoes hit Chicago suburbs • squatters take overThese are the top stories on Fox 32's Week in Review.
Read more »
CBS2 Chicago TV Schedule - CBS ChicagoCatch your favorite shows on WBBM-TV CBS2 Chicago.
Read more »
Chicago parks group expresses ‘frustration' at Chicago Bears' stadium planA preservation group known for protecting lakefront land and parks in Chicago has responded to news that the Chicago Bears could stay in the city and build a…
Read more »
Chicago Votes parade leads CPS students to voting polls amid 'Bring Chicago Home' referendum debateLast minute efforts to get voters to the polls were underway on several fronts Friday, with the Illinois primary election just four days away.
Read more »
Chicago Forecast: Cloudy, windy day ahead for Chicago river dyeThe Chicago River will be dyed green for St. Patrick's Day on Saturday, bringing thousands of Chicago-area residents to the Loop to watch the water turn a…
Read more »