Thursday, June 1, 2006
As expected (see earlier post here), Ohio Republican fundraiser Tom Noe entered a guilty plea to three federal charges related to his contributions to the Bush-Cheney campaign in 2004. Noe was indicted in 2005 on conspiracy, causing a false statement to be filed with the Federal Election Commission, and making illegal campaign contributions, and plead guilty to each count. According to a press release issued by the U.S. Attorney's Office for the Northern District of Ohio (here):
Noe admitted that in October 2003, he made contributions to Bush-Cheney ’04, Inc., over and above the limit established by the Federal Election Campaign Act (FECA). Noe admitted disguising these contributions by recruiting and providing money to friends and associates who then used Noe’s money to make contributions in their own names. Noe contributed $45,400 of his own money through 24 such conduits. To avoid suspicion, he gave several conduits checks in amounts slightly less than the maximum allowable amount and instructed several conduits to falsely characterize his payments to them as loans.
Noe still faces state charges arising from investments in rare coins on behalf of the state worker's compensation fund that resulted in over $1 million missing, and he will be tried for theft. An AP story (here) states that prosecutors will recommend that Noe be sentenced to approximately two years in prison on the federal charges. (ph)