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GOP fundraiser pleads guilty in Ohio case
By ASSOCIATED PRESS
Published June 1, 2006
TOLEDO, Ohio - A coin dealer and prominent GOP fundraiser at the center of an Ohio political scandal pleaded guilty Wednesday to federal charges that he illegally funneled $45,000 to President Bush's re-election campaign. Tom Noe, once a powerful political figure who also raised money for Ohio Republicans, still is charged with embezzlement in an ill-fated $50-million coin investment that he managed for the state workers' compensation fund. Investigators do not know whether Noe used money from the state coin fund for campaign contributions. Noe was charged with exceeding federal campaign contribution limits, using others to make the contributions and causing the Bush campaign to unknowingly submit a false campaign-finance statement. He said he pleaded guilty to "spare my family and many dear friends" the ordeal of a trial. Noe, 51, has been free on bail since he was indicted in October and now lives in Florida. Prosecutors planned to recommend a sentence of two to 2½ years. The maximum would be five years on each of three counts and a combined $950,000 in fines.
[Last modified June 1, 2006, 06:28:59]
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