Ohio Coin Dealer's Partner Takes StandBy JOHN SEEWER
The Associated Press
Thursday, November 2, 2006; 3:29 PM
TOLEDO, Ohio -- A former business partner and close friend of a coin dealer
accused of stealing more than $2 million from a state investment testified
Thursday that he borrowed rare coins and faked records to make inspectors
think they belonged to the state.
Timothy LaPointe, who also is charged in the investment scandal, testified
that he made up fraudulent records with approval and help from his former
partner, Tom Noe.
Noe is a former Republican fundraiser, and the scandal has become a GOP
embarrassment that could help Democrats win the governor's office for the
first time since 1990. The trial is expected to last through Tuesday's
election.
Noe, 52, has pleaded not guilty to charges of theft, money laundering, forgery
and corrupt activity. Prosecutors allege he lent the state's money to friends
and spent it on himself and his coin business.
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