Tom Noe was found guilty of engaging in a pattern of corruption in his mis-management of the Ohio Bureau of Worker’s Compensation (BWC) $50 million rare coin collection. Noe was found guilty of 29 of 40 charges including theft, corrupt activity, money laundering, forging records, and tampering with documents. The corruption conviction carries a minimum sentence of 10 years. Noe could receive a maximum sentence of 72 years on all convicted counts. Sentencing will be on November 20.
In September, Noe pleaded guilty to three counts of campaign finance violations and was sentenced to 27 months in prison. Noe was freed on $500,000 bail during this trial.