After the pleas were entered, United States Attorney Buchanan said, “The Le-Nature’s company was falsely portrayed in financial statements and presentations to financial institutions as a successful, growing business. Victims misled by this massive scheme were defrauded of sums that we anticipate will exceed $500 million. The guilty pleas today come in the first criminal prosecution of a participant in this elaborate fraud scheme. Our investigation will continue to move forward to bring to justice others who have enabled the scheme to succeed for many years.”
In connection with the guilty pleas, the court was advised that in her position as Director of Accounting, Andreycak created false accounting records at the direction of Le-Nature’s CEO.