Ohio Gop Activist Charged with Stealing: ; Toledo Fund-Raiser Was in Charge of State's Rare Coin Investment Fund

Summary


TOLEDO, Ohio - A coin dealer and GOP fund-raiser hired to manage an unorthodox state investment in rare coins was charged Monday with embezzling at least $1 million in an election-year scandal that has sent Ohio Republicans running for cover.

Tom Noe, 51, pleaded not guilty and was released on $500,000 bail. He was arrested over his handling of a $50 million investment fund set up by the state workers' compensation bureau in an unusual attempt to make money by buying and selling rare coins.

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Ohio Gop Activist Charged with Stealing: ; Toledo Fund-Raiser Was in Charge of State's Rare Coin Investment Fund

The 10-month investigation led to sweeping changes at the bureau and prompted lame-duck Gov. Bob Taft and two former aides to plead no contest to ethics charges. Two other former Taft ai...

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