Friday, December 01, 2006

more on restitution

Coin Dealer Noe's Legal Troubles Continue: From the 14th of last month, from Toledo, on efforts to recover money from Tom Noe. Florida's deadbeat-state statutes are getting in the way for a portion of the recovery:

"As part of the jury's verdict Monday, jurors ordered Noe to turn over to the state his shares of a Florida coin business, which has a value of at least $1 million and may be worth up to $5 million.
But prosecutors didn't go after Noe's $5 million waterfront home in the Florida Keys because it's in his wife's name.
Investigators said during the trial that he spent the state's money renovating the house, including the addition of a $50,000 swimming pool."

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