Thursday, June 30, 2005
Coin-Gate-Who cries for Tom Noe?
From the Toledo Blade we learn of the terrible trials of poor little Tommy Noe and his destitute bride.
Three days before a judge barred coin dealer Tom Noe from selling personal assets, he collected a $35,000 windfall May 24 by selling a vintage sports car won in a raffle.A $4MM house is hard times for a Republican. All the more so, if it is your last Florida house left.
As Mr. Noe’s troubles have mounted in recent months, the Republican activist has sold a boat, a car, and a pair of houses.
But his efforts to raise cash, some of them authorized by a Franklin County Common Pleas Court judge to pay for future living and legal expenses, have been met with scrutiny by investigators looking into a shortfall of up to $13 million in rare-coin investments Mr. Noe managed for the Ohio Bureau of Workers’ Compensation....
A lawyer representing Mrs. Noe has told the court she is “destitute,” said D. Michael Grodhaus, a top deputy to Ohio’s attorney general.
“Yet it is our understanding she is living in Florida in a $4 million house,” he said.
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