Another indictment: Ohio's Noe (R) accused of laundering money to Dubya (coingate)

E-Z-B

CAGiversary!
And the culture of corruption is exposed yet again:

Noe indicted for laundering money to Bush campaign

A federal grand jury has indicted Tom Noe, the former Toledo-area coin dealer at the center of a state investment scandal, of illegally laundering money into President Bush’s re-election campaign.

The three-count indictment states that beginning in October 2003, Mr. Noe contributed to President Bush’s election campaign “over and above the limits established by the Federal Election Campaign Act."

“He did so, according to the indictment, in order to fulfill his pledge to raise $50,000 for a Bush-Cheney fund-raiser held in Columbus, Ohio, on Oct. 30, 2003,” Gregory White, the U.S. Attorney for the Northern District of Ohio, announced at an afternoon news conference.

The two other counts were for conspiracy and filing false statements.

“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.

Mr. Noe faces the maximum penalty of five years in prison on each count. The conspiracy and false statement counts carry a maximum fine of $250,000 and the campaign finance violation carries a mandatory fine of between $136,200 and $454,000.

The indictment only adds to troubles for the former chairman of the Lucas County Republican Party, who is already under several state investigations related to a $50 million rare coin investment the Ohio Bureau of Workers’ Compensation made with him.

Ohio Attorney General Jim Petro has accused Mr. Noe of stealing millions from the investment. The scandal has spelled trouble for Gov. Bob Taft and his administration. In August, the governor was convicted of four misdemeanors for accepting golf outings and other gifts and not reporting them.


http://toledoblade.com/apps/pbcs.dll/article?AID=/20051027/BREAKINGNEWS/51027023

I'm just waiting for Dubya to pardon all these crooks (DeLay, Frist, Rove, Libby, Cheney, etc.)
 
bread's done
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