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Posted By: Tony Galovich

Dan, I think the person you are referring was a
former Ohio coin dealer
Tom Noe
He is in prison on one charge for a few yrs for illegal political contributions
then He will be transferred to a second prison to serve around 15 more yrs
That was for accepting funds from the state of Ohio
Approx $40 million or so
which was to be used to acquire numismatic coins
He did purchase coins
But deviated somewhat as he also purchased
Sport cards & Memorabilia
Stock in NGC, the people who run SGC
Cases of Vintage Wine
Multiple Memberships in Local Golf Clubs
& misc other "investments"
He is appealing his sentences for misappropriation of funds etc