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Coin dealer gets 18 years in prison

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From Times Wire Reports

A Republican fundraiser who embezzled more than $13 million from a state investment in rare coins was sentenced in Toledo to 18 years in prison.

Tom Noe, 52, was also fined $139,000.

Noe spent money as if he had “a bottomless cup of wealth and luxury” at his disposal, “when in fact it was at the state’s expense,” Common Pleas Judge Thomas Osowik said.

The sentence handed out to the politically connected coin dealer will be on top of the more than two years he was ordered to serve after pleading guilty earlier this year to illegally funneling $45,000 to President Bush’s reelection campaign.

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