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V13 2010 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 13, Number 1, January 3, 2010, Article 21

COIN DEALER TOM NOE'S CONVICTION UPHELD

The Toledo Blade's reporting led to the conviction of coin dealer Tom Noe. This week the paper reported that the conviction has been upheld on appeal. -Editor
Tom Noe Tom Noe's 2006 conviction for stealing millions from Ohio's injured workers' trust fund was upheld by the 6th District Court of Appeals yesterday, with the court ruling that Noe received a fair trial in Toledo.

He will remain in the state's Hocking Correctional Facility in Nelsonville, Ohio, where he arrived in 2008, after he finished serving nearly two years in a federal prison in Florida after pleading guilty to making $45,400 in illegal contributions to President Bush's 2004 re-election campaign.

A jury found him guilty of 29 charges of corruption, theft, money laundering, and tampering with records. He was found not guilty on 11 other charges, and several others were dismissed or consolidated.

In April, 2005, The Blade first reported on Noe's $50 million state rare coin investment deal, triggering a multiyear state investigation that uncovered massive corruption in the Ohio Bureau of Workers' Compensation, and led to charges against more than 20 public officials and money managers, including former Ohio Gov. Bob Taft on misdemeanor ethics charges.

To read the complete article, see: Noe's '06 conviction upheld (toledoblade.com/apps/pbcs.dll/article?AID=/20100101/NEWS02/1010343)

Wayne Homren, Editor

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