(Coingate) Noe Used Company Credit Card to Charge $10 grand [View All]

[OzarkDem]

contribution for California Governor

http://www.toledoblade.com/apps/pbcs.dll/article?AID=/20050809/SRRARECOINS/308090009/-1/SRRARECOINS2

Transaction records released yesterday from the $50 million funds that Mr. Noe managed for the Ohio Bureau of Workers’ Compensation included a credit-card statement for Thomas Noe, Inc., containing a pair of $5,000 charges from March 9, 2004, for “political contributions” to Gov. Arnold Schwarzenegger.

After initially refusing to return the contributions, Mr. Schwarzenegger in June decided to reverse course and not keep the money after all. His spokesman could not confirm that the money has been returned.

Last month, Ohio Attorney General Jim Petro accused Mr. Noe of stealing nearly $4 million from the funds by transferring large sums of cash into the accounts of Mr. Noe’s business, Vintage Coins and Collectibles, a division of Thomas Noe, Inc. and the managing partner of the state’s coin operation.