Reply #3: Toledo Blade: GJ Charges Noe w 53 Felony Counts

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Article published Monday, February 13, 2006

COINS SCANDAL
GRAND JURY CHARGES NOE WITH 53 FELONY COUNTS

By MIKE WILKINSON and JAMES DREW
BLADE STAFF WRITERS


Tom Noe was charged today by a Lucas County grand jury with 53 felony counts relating to his dealings with $50 million in coin funds he managed for the Ohio Bureau of Workers' Compensation.

An indictment unsealed today at the Lucas County Courthouse charges Mr. Noe with 22 counts of forgery, 11 counts of money laundering, eight counts of tampering with records, six counts of aggravated theft, five counts of grand theft, and one count of engaging in a pattern of corrupt activity under the Racketeer Influence and Corrupt Organizations (RICO) act.

“We start a whole new chapter now,” said Lucas County prosecutor Julia Bates. “We start the litigation process.”

Also indicted was Timonty Lapointe, Mr. Noe's partner in Vintage Coins and Collectibles in Monclova Township, which has since been shuttered. He faces one count of engaging in a pattern of corrupt activity under the RICO law and six counts of tampering with records. Mr. Lapointe will receive a summons to appear in court for arraignment.

http://www.toledoblade.com/apps/pbcs.dll/article?AID=/20060213/BREAKINGNEWS/60213015