30 September 2005

Petro: How Noe stole millions from funds


Ohio Attorney General Jim Petro presented evidence today of how Tom Noe stole from the state’s $50 million rare coin funds.

According to a filing with the Franklin County Court of Common Pleas, Mr. Noe bilked the two coin funds established by the Ohio Bureau of Workers’ Compensation through a variety of methods, including check forgery.

Mr. Petro has already accused Mr. Noe of running a Ponzi scheme and stealing $4 million, claims he backed up today with a series of affadavits that showed:

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