Tom Noe: GUILTY AS CHARGED!

© 2006

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.

Noe was found guilty of 29 of 40 charges, including theft, corrupt activity, money laundering, forging records and tampering with documents. He was convicted on the 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.

Article from the Toledo Blade: includes slideshow and video as well as text.
Toledo Blade