Federal prosecutors yesterday gave their first public hint of how they intend to deal with Le-Nature's founder Gregory Podlucky and other former employees of the fraud-riddled company when they sought court permission to take ownership of more than $20 million in jewelry seized as part of their ongoing criminal investigation.

The 27-page list of items, filed in connection with a civil complaint brought by U.S. Attorney Mary Beth Buchanan, would provide full employment to a corps of security guards. It includes gems, diamond-encrusted watches and pearls, as well as gold, silver and platinum jewelry.

The jewelry was seized from safes in a secret room at Le-Nature's headquarters.

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