According to a 29-count indictment Podlucky and four consiprators have been charged with:
- tax evasion
- mail, wire and bank fraud
- money laundering
He is accused of dramatically misrepresenting his company's financial statements to lenders and investors in a complex Ponzi scheme that resulted in an $806 million payday.
Interesting side note:
Early in the three-year investigation, federal agents searching the LeNature's headquarters in Latrobe found a tunnel leading to a secret room where Podlucky had stashed an estimated $30 million worth of gems and jewelry [Tribune-Review]