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Coingate is a nickname [1] for the Tom Noe investment scandal in Ohio revealed in early 2005 in part by Toledo, Ohio newspaper The Blade.The Ohio Bureau of Workers' Compensation (BWC) invested hundreds of millions of dollars in high risk or unconventional investment vehicles run by people closely connected to the Ohio Republican Party who had made large campaign contributions to many senior ...
Thomas W. Noe (born July 1954) is a former Ohio Republican party fundraiser and activist, guilty of money laundering for the 2004 Bush-Cheney campaign and of theft and corruption in the Coingate scandal. A longtime resident of Toledo, Ohio, Noe and his wife, Bernadette, held several party positions and minor offices within the government of Ohio.
In August 2005, as a result of the Coingate scandal, Taft was indicted with four misdemeanors related to him receiving undisclosed gifts and accepting illegal campaign contributions, making him the first Ohio governor charged with a crime while in office. [2] He pleaded no contest to the charges and was fined $4,000. Despite his fallout from ...
In the years following the Coingate scandal, BWC has replaced its senior management and investment teams and has been scrutinized heavily by the new Democratic administration in Ohio. [10] On June 26, 2007, the BWC was again in the news as a result of the theft of a laptop containing personal information for 439 injured workers. [11]
Dann was a leading critic of "Coingate," an investment plan in which $50 million of the state's workers compensation reserve fund was given to Republican Tom Noe, a politically connected coin dealer. When the Coingate scandal broke, Taft, who was a regular golf partner of Noe's, denied having knowledge of the Bureau of Workers Compensation (BWC ...
From the people who brought you "The Larry Householder Show" and "Coingate," now comes "The First Energy Follies" starring Gov. Mike DeWine and Lt. Gov. Jon Husted. ... Ohio's House Bill 6 bribery ...
Thomas P. Charles, who worked nearly half a century in state government, has died.
However, on June 11, 2009, the Ohio Supreme Court decided in a 5–2 ruling to sanction Forbes for his role in the Coingate scandal. [18] The sanction was a six-month suspension of Forbes's license to practice law if he committed further misconduct.