Coingate: Follow the Corrupt Money

State and federal authorities have sicced their investigative dogs on the activities of Thomas Noe, a Toledo coin collector who was chairman of President Bush's 2004 re-election campaign in northwest Ohio and who, over the years, has been a lawn sprinkler of campaign cash to major Republican candidates in the state.

Noe is in trouble because an estimated $12 million to $13 million in state money from a worker's compensation fund is missing after being invested in rare coin funds that Noe controls.

Authorities say they are pursuing criminal charges, and Noe, the gregarious, 50-year-old bankrolling confidant of Ohio Republicans, has become political poison. His former friends, including the governor, couldn't be running any faster to get away from him and the taint of scandal.

In Washington, the Republican National Committee said Thursday it would donate to charities $6,000 that the Bush-Cheney campaign and the RNC received from Noe and his wife, Bernadette. The Bush campaign received more than $100,000 raised by Noe. RNC spokeswoman Tracey Schmitt said remaining contributions "appear to be completely appropriate."