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The1calledTKE 10-28-2005 03:30 PM

Major Republican Donor Indicted in Ohio
 
TOLEDO, Ohio (AP) - A coin dealer and major GOP donor at the center of a scandal in Ohio state government was charged Thursday with illegally funneling $45,400 in contributions to President Bush's re-election bid.

Tom Noe was accused in a federal indictment of giving money directly or indirectly to 24 friends and associates, who then made the campaign contributions in their own names. In that way, he skirted the $2,000 limit on individual contributions, prosecutors said.

"It's one of the most blatant and excessive finance schemes we have encountered," said Noel Hillman, section chief of the U.S. Department of Justice's public integrity section.

Calls to the White House and Noe's attorneys were not immediately returned. Prosecutors said the Bush campaign has cooperated with their investigation.

Noe also is under investigation over an ill-fated $50 million investment in rare coins he managed for the state workers' compensation fund. Noe has acknowledged that up to $13 million is missing, and Ohio's attorney general has accused him of stealing as much as $6 million. No charges have been filed in that case, though state officials say they plan to do so.

Prosecutors would not reveal the names of the people to whom Noe gave money to contribute or say if any of them would be charged. The indictment said Noe and those who gave his money to Bush had conspired together to violate the contribution limits.

Two people who received just over $20,000 from Noe recruited others who then gave money in their own names, the indictment said.

The coin dealer personally contributed more than $105,000 to Republicans, including Bush and Gov. Bob Taft, during the last campaign.

for full article..
http://news.moneycentral.msn.com/pro...027&ID=5230862

DeltAlum 10-28-2005 04:18 PM

Not a great time for the Grand Old Party in Ohio with this situation and Governor Taft in hot water over alleged ethics violations.

Back in Ohio last weekend, I heard a number of comments regarding Noe's contributions and the fact that President Bush won an extremely narrow victory in Ohio which resulted in his win in the last election.

It would be very hard to prove any connection between the two, though.

Optimist Prime 10-28-2005 11:38 PM

speaking of Ohio, I went to the (Civil War Between the States) Battle of Fredricksburg National Cemetary, and saw my great grandfathers (or other ancestors) officer grave. Hall of Ohio. It was the strangest feeling ever. (I'm the decedancet of two Officers that faced each other at some battle or another out in the western part)


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