Gregory Podlucky Gregory Podlucky is a Greedy Bastard Off With Gregory Podlucky's Head

Gregory Podlucky, former CEO of LeNature, founded the Latrobe-based maker of flavored water, fruit juices and tea in 1992 and presided over it until November 2006, when it collapsed under allegations of gross mismanagement and a mountain of debt.
Gregory Podlucky
Source: Unknown

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]

Share Your Ire

blog comments powered by Disqus
Vile Quotes

"America does not have an aristocracy or a plutocracy."
Art Pope

Vile Comments

I seriously doubt that if Michaele was indeed a socialite she’d be employed as a
receptionist, department store clerk or makeup artist… Paris Hilton she is not….
These two are posers who don’t pay their bills and are taking this reality/celebrity train
for all its worth…They are both idiots.