COINS SCANDAL
GRAND JURY CHARGES NOE WITH 53 FELONY COUNTS
A grand jury indicted Mr. Noe on 22 counts of forgery, 11 counts of money laundering, eight counts of tampering with records, six counts of aggravated theft, five counts of grand theft, and one count of engaging in a pattern of corrupt activity under the Racketeer Influenced and Corrupt Organizations (RICO) Act.
If convicted of all charges and he received the maximum penalty, he could face 172.5 years in prison. But Lucas County Prosecutor Julia Bates said only two of the felony counts have a presumption of incarceration and one, the RICO count, would require a mandatory 10 year prison term.
“We start a whole new chapter now,” Ms. Bates said. “We start the litigation process.”
Also indicted was Timothy LaPointe, Mr. Noe’s partner in Vintage Coins and Collectibles in Monclova Township, which has since been shuttered. He faces one count of engaging in a pattern of corrupt activity under the RICO law and six counts of tampering with records. Mr. LaPointe will receive a summons to appear in court for arraignment.
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