I might one day have to stop making fun of Toledo if this continues. This is the latest in a year long scandal that started with Noe and has led to the Governor pleading guilty to misdemeanor ethics violations. Breathtaking Republican Corruption is not only for DC and TX. This is a true object lesson in the arrogant parasitical nature of the GOP Power-Grab:
$1 Million Theft Charged in Ohio in Coin Scandal
TOLEDO, Ohio, Feb. 13 — A coin dealer and prominent Republican fund-raiser was charged Monday with stealing at least $1 million from a state investment in rare coins that has embroiled Republicans in scandal during an election year.
The 53 charges against the coin dealer, Tom Noe, conclude a 10-month investigation by state and federal prosecutors into the $50 million rare-coin investment Mr. Noe managed for the state insurance fund for injured workers.
The investigation led to sweeping changes at the state workers' compensation bureau, an agreement by Gov. Bob Taft and two former aides to plead no contest to ethics charges, and pending charges against two other former Taft aides.
Mr. Noe is accused of stealing from the investment by writing checks, sometimes for hundreds of thousands of dollars each, knowing that the money was not his to use.
His lawyer has acknowledged a shortfall of up to $13 million of the money Mr. Noe invested for the Ohio Bureau of Workers' Compensation.
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