Charges filed against Tom Noe

Michigan · February 12, 2006 11:47PM

Charges filed against Ohio coin dealerAssociated PressTOLEDO, Ohio - Prosecutors charged a prominent GOP fundraiser Monday with theft and money laundering in an investigation of a controversial state investment in rare coins that has embroiled Republicans in scandal during an election year.
The charges against coin dealer Tom Noe conclude a 10-month investigation by state and federal prosecutors into the $50 million rare coin investment Noe managed for the state insurance fund for injured workers.
Noe's attorney has acknowledged a shortfall of up to $13 million of the money Noe invested for the Ohio Bureau of Workers' Compensation. The state attorney general has accused Noe of stealing up to $6 million

WillieBoyd2 · February 12, 2006 11:58PM

GOP fundraiser charged in Ohio coin scandal

Article

Heading:
TOLEDO, Ohio (AP) -- Prosecutors charged a prominent GOP fundraiser Monday with theft and money laundering in an investigation of a controversial state investment in rare coins that has embroiled Republicans in scandal during an election year.

DoctorPaper · February 13, 2006 12:10AM

Is this Noe the same Noe who categorized early silver Massachusetts colonials by die type, i.e. "Noe-1", etc

CaptHenway · February 13, 2006 12:12AM

<< Is this Noe the same Noe who categorized early silver Massachusetts colonials by die type, i.e. "Noe-1", etc >>

Noe?
No

BlindedByEgo · February 13, 2006 12:40AM

<< 

<< Is this Noe the same Noe who categorized early silver Massachusetts colonials by die type, i.e. "Noe-1", etc >>

Noe?
No >>

NO?

BigE · February 13, 2006 12:42AM

Noeone noes-----------BigE

mrearlygold · February 13, 2006 12:49AM

So an arrest has been made?

Conder101 · February 13, 2006 1:01AM

<< Is this Noe the same Noe who categorized early silver Massachusetts colonials by die type, i.e. "Noe-1", etc >>

The book on the Massachusetts coins was written back around 1920 by Sydney P Noe.

quarterjack · February 13, 2006 1:03AM

Gee fella's i'm so proud to be an Ohioan.

Innocent until (proven) guilty or as in Gov. Taft's case yea i'm guilty so what.

Gotta' love politicans!

CaptHenway · February 13, 2006 1:19AM

<< Gee fella's i'm so proud to be an Ohioan.

Innocent until (proven) guilty or as in Gov. Taft's case yea i'm guilty so what.

Gotta' love politicans!

>>

GO BLUE!!!!!!!!!!!!!!!!

TheRaven · February 13, 2006 1:25AM

Can they start an article on him without calling him a GOP fundraiser?

Exactly what baring does that have with the charges against him?

mrearlygold · February 13, 2006 1:30AM

Toledo Blade

Michigan · February 13, 2006 1:33AM

<< Can they start an article on him without calling him a GOP fundraiser?

Exactly what baring does that have with the charges against him? >>

Indirectly quite a lot.

TheRaven · February 13, 2006 1:37AM

After he got the job of running the fund, he theived and all that stuff, so how he got the fund is not really that important in the long run.....

If you are involved in government positions you are selling something or angling for something.....

You don't give up high paying jobs to earn peanuts in comparison just for the fun of it.

kiyote · February 13, 2006 1:39AM

They don't like coin dealers in prison, because a lot of inmates have relatives that use coins.

Michigan · February 13, 2006 2:29AM

<< After he got the job of running the fund, he theived and all that stuff, so how he got the fund is not really that important in the long run.....

If you are involved in government positions you are selling something or angling for something.....

You don't give up high paying jobs to earn peanuts in comparison just for the fun of it. >>

It is important to mention the political aspects of it in order to put the story into its proper context.

Without his political fundraising there would have been no coin fund in the first place.

BlindedByEgo · February 13, 2006 2:30AM

<< They don't like coin dealers in prison, because a lot of inmates have relatives that use coins. >>

michael · February 13, 2006 2:33AM

oh my

my my my my my my my my my my my my my my my my my my my my

will they also indite noes partners in crime also??

Michigan · February 13, 2006 2:44AM

<< oh my

my my my my my my my my my my my my my my my my my my my my

will they also indite noes partners in crime also?? >>

Quite possibly. There are a lot of people involved one way or another in this case.

TheRaven · February 13, 2006 2:56AM

The entire situation ticks me off, this forces me to pay a tax when I purchase my coins now.....

But what I don't like is the blatent political slam by the Blade.....

Russ · February 13, 2006 3:58AM

<< Can they start an article on him without calling him a GOP fundraiser? >>

If he were a democrat, he'd just be referred to as a coin dealer.

Russ, NCNE

TheRaven · February 13, 2006 4:00AM

Russ

That is exactly my point, and that really gets me angry.....

Toledo is a left wing bastion so it does fit the town.

Michigan · February 13, 2006 4:33AM

<< Russ

That is exactly my point, and that really gets me angry.....

Toledo is a left wing bastion so it does fit the town. >>

If the role were reversed would you still be complaining?

PerryHall · February 13, 2006 4:33AM

<< 

<< Can they start an article on him without calling him a GOP fundraiser? >>

If he were a democrat, he'd just be referred to as a coin dealer.

Russ, NCNE >>

....and bury the story in the back of the newspaper.

Michigan · February 13, 2006 4:36AM

<< 

<< 

<< Can they start an article on him without calling him a GOP fundraiser? >>

If he were a democrat, he'd just be referred to as a coin dealer.

Russ, NCNE >>

....and bury the story in the back of the newspaper. >>

Geeze guys. Sure sounds like sour grapes here.

MORGANHUNTER2 · February 13, 2006 4:45AM

Gee- ya wonder if the GWB will give back this contribution that has been alleged?

or is it another democratic ploy to make the repubs look bad?

if noe was a GOP fundraiser in the past- what makes ya think he is innocent? because a newspaper found info on what he did previously?

wait for the trial to begin.

VamGuy · February 13, 2006 4:48AM

Blame Clinton.

mrearlygold · February 13, 2006 5:09AM

GOP Backer Faces Ohio Corruption Charges

kiyote · February 13, 2006 5:27AM

<< 

<< Can they start an article on him without calling him a GOP fundraiser? >>

If he were a democrat, he'd just be referred to as a coin dealer.

Russ, NCNE >>

Russ, I'm surprised at you! I'm a left-coast Birkenstock-wearing liberal and I always thought we were a lot alike. Two peas in a pod, that sort of thing.

kiyote · February 13, 2006 8:57AM

I wish him the best in prison! I suggest he go crazy and attack the biggest guy there the first day-- build some kind of rep as the dangerous white guy not to be messed with.

jdcheers · February 13, 2006 9:01AM

All that I want to know is if the fund made the state money?

TheRaven · February 13, 2006 9:41AM

<< 

<< Russ

That is exactly my point, and that really gets me angry.....

Toledo is a left wing bastion so it does fit the town. >>

If the role were reversed would you still be complaining?

>>

But with the media as it is today, it would not be reversed and that is the point of contest over the article and the entire coverage The Blade has given.....

mrfred · February 13, 2006 9:22PM

Here is the coverage by the NY Times.

If the only complaint on this board is that his connection to the GOP is featured prominiently, that is a minor issue. The charges themselves are far more serious -- both to our hobby and in a general ethical sense.

mercurydimeguy · February 13, 2006 9:50PM

I suspect the charges filed against Mr. Noe are amplified on purpose (meaning, they filed way more charges than had to be filed), probably hoping that he would plead down to something.

He plead not guilty to everything, though, so I'm not sure if the strategy worked.

More than anything, Mr. Noe's coin industry friends should have asked Mr. Noe to plead to something so there wouldn't be a trial.

If people are disappointed about the moral barometer of our industry now, wait until people begin taking the stand.

MrEureka · February 13, 2006 9:52PM

If people are disappointed about the moral barometer of our industry now, wait until people begin taking the stand.

Michigan · February 13, 2006 10:52PM

<< 

<< 

<< Russ

That is exactly my point, and that really gets me angry.....

Toledo is a left wing bastion so it does fit the town. >>

If the role were reversed would you still be complaining?

>>

But with the media as it is today, it would not be reversed and that is the point of contest over the article and the entire coverage The Blade has given..... >>

Oh come now. If the Washington Times had uncovered the story how do you think they would
have handled it?

WillieBoyd2 · February 13, 2006 11:06PM

Of course, Pres. Warren Harding was from Ohio.

Noe and the Ohio Republicans have a shining example of corruption to live up to.

Michigan · February 13, 2006 11:21PM

<< If people are disappointed about the moral barometer of our industry now, wait until people begin taking the stand.

>>

It will be interesting when people will have to testify about how the whole grading system
works. I can just imagine a jury thinking: "MS65, MS64 who can make any sense of this?".

mrfred · February 14, 2006 2:16AM

It will be interesting when people will have to testify about how the whole grading system
works. I can just imagine a jury thinking: "MS65, MS64 who can make any sense of this?".

Agreed.

BUT! I bet they can grasp, and quickly, the prices that those grades bring -- I betcha that's how the testimony will quickly orient itself: 'a 500 dollar coin... a 10,000 dollar coin... etc.'

Charges filed against Tom Noe

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