Monday, November 13, 2006
Tom Noe guilty of 29 felony counts
The Toledo Blade brings us the details of the end for the man who began the end of Republican misrule in Ohio.
Tom Noe, the once high-flying Republican financier who went from college dropout to millionaire coin dealer, was found guilty today of stealing money from the Ohio Bureau of Workers' Compensation and using the cash to erase debts and buy and furnish million-dollar homes.Heckuva job Tom! And thanks.
Noe was found guilty of 29 of the 40 charges, among them numerous theft and forgery counts. He was found guilty on his chief charge that he engaged in a pattern of corruption in his management of Ohio's $50 million rare-coin fund investment with the bureau.
Because he also was found guilty of the aggravated theft, the corruption charge will carry a minimum of 10 years in prison....
....The verdict came less than a week after a corruption-weary electorate swept the GOP out of power in Ohio. The jury of eight women and four men passed a similar judgment on Noe, who spawned a scandal that tarred the Republican Party and contributed to the stinging defeat Tuesday.
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