AP: Coin Dealer (Tom Noe) Must Repay $16.7 Million

[Eugene]

Associated Press
Coin Dealer Must Repay $16.7 Million
By JOHN SEEWER 11.27.06, 3:07 PM ET

A former GOP fundraiser convicted of embezzling from a state investment
in rare coins must repay the state $13.7 million, a judge ruled Monday.

Tom Noe was sentenced last week to 18 years in prison for his role in a
scandal that contributed to the Republican Party's loss of the governor's
office.

Lucas County Common Pleas Judge Thomas Osowik said Noe must repay
the $13.7 million the state says he stole along with the nearly $3 million
cost of the investigation.

Prosecutors said they weren't sure how much money would be recovered.
The state will get some money from the sale of coins and collectibles
seized from Noe's business, assistant county prosecutor John Weglian
said.

-snip-

Full article: http://www.forbes.com/home/feeds/ap/2006/11/27/ap3206532.html

[Kagemusha]

1. Hope they have better luck squeezing him than juice from O.J. Simpson

It'd be nice to see Noe out of his ill-gotten gains.

[newscott]

2. When does he get his pardon?

[Anakin Skywalker]

4. Bush Will Pardon Him Soon. Scumbags Look Out For Each Other.

[Robbien]

3. Good

Usually these cases give a 'slap in the face' sum of money to be repaid. Whether the total is recouped or not, I am glad the total amount stolen is the amount to be repaid, plus expenses!

[Ian David]

5. Now, his son will have to sell his Beanie Baby collection to pay this off. n/t