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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 ...
The Ohio Bureau of Workers' Compensation (OBWC or BWC) provides medical and compensation benefits for work-related injuries, diseases and deaths.It was founded in 1912. With assets under management of more than $29 billion, it is the largest state-operated and second largest overall provider of workers’ compensation insurance in the United St
Workers' compensation (which formerly was known as workmen's compensation until the name was changed to make it gender neutral) in the United States is a primarily state-based [1] system of workers' compensation. In the United States, some form of workers compensation is typically compulsory for almost all employers in most states (depending ...
Among those investments was $50 million of the Ohio Bureau of Workers' Compensation fund which was given to Thomas Noe, an investor in rare and unusual coins and major donor to the Republican Party including then-governor Bob Taft. [11] In 2005 it was revealed that Noe could only account for $13 million of the original investment.
Workers' compensation or workers' comp is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue his or her employer for the tort of negligence. The trade-off between assured, limited coverage and lack of ...
On November 20, 2006, Thomas Noe was given an 18-year sentence, to be served after the 27-month federal sentence imposed in September, fined $213,000, "ordered to pay the cost of the prosecution, estimated at nearly $3 million, and ordered to pay restitution to the Ohio Bureau of Workers' Compensation for the money missing from the rare-coin ...
Paul Hackett (center) and his wife, Suzi. Lieutenant Colonel Paul Lewis Hackett III (born October 21, 1963) is an American lawyer and veteran of the Iraq War who unsuccessfully sought election to the United States Congress from the Second District of Ohio in the August 2, 2005, special election. Hackett, a Democrat, narrowly lost to Republican ...
The Energy Employees Occupational Illness Compensation Program Act (EEOICPA) was passed by Congress in 2000 and is designed to compensate individuals who worked in nuclear weapons production and as a result of occupational exposures contracted certain illnesses. EEOICPA was signed into law by President Bill Clinton on October 30, 2000.
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