The Daily Background

Major Bush-Cheney Campaign donor and prominent Republican Thomas Noe has been convicted and sentenced.

He had pleaded guilty to three charges, including exceeding federal campaign contribution limits, and was sentenced to two years and three months in prison. He was also fined $136,200.

Noe is also charged with embezzling at least $1 million from an ill-fated $50 million rare coin investment that he managed for the state workers’ compensation fund. Federal prosecutors did not indicate during the hearing whether the coin money was used for the donations. They could have sought a stiffer penalty if they thought the state money had been used.

Two thousand dollar donation limit. He gave more than fourty-five grand. Not the end of his troubles, either:

Noe is also charged with embezzling at least $1 million from an ill-fated $50 million rare coin investment that he managed for the state workers’ compensation fund.

I first wrote about Noe and the “coingate” scandal here. You can find background on the situation in that entry.

Ed-note- tagged under Abramoff corruption since that’s the closest topic we’ve got…

Filed under: Abramoff Scandal, Z-TDB Blog