Federal judge denies new trial for coin dealer convicted after Ohio investment scandal

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TOLEDO, Ohio — A federal judge isn't allowing a new trial for the former Ohio coin dealer and Republican fundraiser at the center of a state investment scandal.

A U.S. District Court judge in Akron turned down Tom Noe's (NOH'-ee) appeal on Tuesday to overturn his conviction and grant a new trial.

The judge agreed with a recommendation from a federal magistrate judge who said that Noe didn't prove his arguments that he was denied a fair trial because of pre-trial publicity.

Noe's attorney, Richard Kerger, says he disagreed with the decision, but adds they haven't decided whether to continue the appeal.

Noe was convicted of stealing from a $50 million rare-coin fund he oversaw for the Ohio Bureau of Workers' Compensation. He's serving an 18-year prison term.

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