Lawyer Karl Schneider with client Greg Coffman on Friday at Coshocton County Common Plea Court.  A case against Coffman was dismissed and he pleaded guilty to an informational bill on behalf of Novelty Advertising regarding non-payment of insurance premiums.  The company was fined $ 10,000 and restitution of $ 37,869.23.

Novelty advertising is fined, pays compensation to insurance

Lawyer Karl Schneider with client Greg Coffman on Friday at Coshocton County Common Plea Court.  A case against Coffman was dismissed and he pleaded guilty to an informational bill on behalf of Novelty Advertising regarding non-payment of insurance premiums.  The company was fined $ 10,000 and restitution of $ 37,869.23.
  • Greg Coffman of Novelty Advertising was charged with theft and two counts of failing to provide notice of non-payment of required premium or contribution.
  • This concerned employee embezzlement of insurance payments and failure to report outstanding payments.
  • The case against Coffman was dismissed. Novelty Advertising was then charged with two counts of failure to provide notice of non-payment of premium or contribution.
  • The company was fined $ 5,000 on each count and ordered to pay $ 37,869.23 in restitution.

COSHOCTON – The chairman of the nation’s longest-serving promotional products distributor appeared in Coshocton County Common Plea Court on Friday.

Gregory R. Coffman, 52, formerly of Coshocton, was charged in May with theft, a fifth degree felony, for incidents from September 1, 2018 to June 7, 2019, and two counts of failure to provide notice failure to make premium payment or required contribution, fourth degree felonies, as a result of incidents that occurred on December 1, 2018 and June 13, 2019. Court documents list his current residence in Lakeville, Minnesota.

Coffman is president of Novelty Advertising, a promotional products distributor that opened in 1895. Although the company is no longer operating from its old location, it does not appear to officially go bankrupt.

The theft charge accused Coffman of embezzling employees’ share of insurance payments. The other two charges relate to state law that notice must be given when such premium payments are not made. Failure to make payments resulted in termination of the employee’s coverage, according to the indictment.

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