And you know this how??? Rossi was flat broke when he entered the USA. Years later (still in the USA), he is a wealthy man. According to Jed Rothwell (who I trust more than anyone else in the LENR field to be scrupulously honest), he got rich by licensing his rights to the Petroldragon process to a US company, who put it into use and made both him and the company "plenty dough".
So my opinion is that Rossi is like Thomas Edison...a slick dealer on the business side, but honest on the "technology side".
So yes, I think you're wrong.
Your trusting of Jed Rothwell is touching, really but it's like saying out of all the people in charge of the Third Reich, you trusted Goering.
Two Third Reich references and not one Goddard.
This is from wiki so keep that in mind:
In 1974, Rossi registered a patent for an incineration system. In 1978, he wrote The Incineration of Waste and River Purification, published in Milan by Tecniche Nuove. He then founded Petroldragon, a company for developing oil from waste, which collapsed in the 1990s amidst allegations of dumping toxic waste,[11] and accusations of tax fraud. Its assets were seized, together with Rossi's personal assets, and Rossi was arrested pending trial. Rossi spent four years in prison working on his legal defense in 56 trials, 5 of which ended in convictions related to tax fraud. Rossi wrote that he was acquitted in the other 51 trials.[12] The government of Lombardy spent over forty million euros to dispose of the 70,000 tonnes of toxic waste that Petroldragon had improperly dumped.[13] According to the mayor of Lacchiarella, Luigi Acerbi, "In the years when [Rossi] was working here, he didn't produce a single drop of oil, as far as we know."[12] At the conclusion of the trials in 1996, Rossi moved to the US.[14]