Bank Fraud of Grand Proportions

Fudging the books costs former Le-Nature CEO. Not only is Gregory Podlucky indicted and losing his job, he has also been forced to hand over millions of dollars worth of jewelry, $7 million in bank accounts, and a model train set worth $1 million. Apparently Mr. Podlucky and several associates were living the high life at the expense of the company and its lenders. See the Investment News story here.

September 29, 2009 In: Uncategorized Comments (None)