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May
15

More revelations in Ohio BWC case likely

WIth the announcement that indicted Bureau of Workers Compensation investment manager Tom Noe is seeking to change his plea from not guilty, it appears that once again the scandal that won’t stop looks to be entering a new and evern more entertaining phase.
Noe, Republican fund raiser and rare coin industry advocate, “asked to change his not guilty pleas to federal charges of funneling money to President Bush’s re-election campaign.” (Akron Beacon-Journal, May 11, 2006) Now, don’t confuse this legal problem with one or more of Noe’s myriad other…difficulties (including the mystery of the disappearing coins; the where-did-Tom-Noe-get-the-money-to-buy-all-that-art-and-other-stuff question; the new allegations that Noe’s activities extended across the Atlantic to Spain where he was involved in stock price manipulations and company takoever shenanigans (?!); and his other potentially-illegal campaign contributions).
I’m surmising that Noe’s decision to change pleas involves some kind of deal wherein Noe will name names and cause yet more heartburn for dirty politicians in Ohio.
Who knew workers comp could be so entertaining?
Hat tip to Workers Comp Executive for the new news on Noe.


One thought on “More revelations in Ohio BWC case likely”

  1. I think that the state of Ohio should be ashamed of itself for not being thorough when handing over millions of dollars for investment. The injured workers of this state deserve better. The tax payers deserve better and the governer should remove himself from office. His conduct has put a black mark on a government already rife with politicians who look for fat pensions at the end of lackluster terms in office.

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Joe Paduda is the principal of Health Strategy Associates

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