Wiand, Jet Center hit with second motion; Wiand accused of inflating Jet Center's value, profitability

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Two days ago, City Attorney Bob Anderson sent out a letter to Burton Wiand, the court appointed receiver for Nadel's Scoop Management Ponzi scheme. Anderson's letter accused Wiand of playing fast and loose with the facts.

Early today, potential Jet Center buyer Earl Niemoth filed papers in federal court accusing Wiand of much the same thing [text copy provided by Niemoth].

This is Niemoth's second attempt at asking for court intervention to examine Wiand's involvement in the receivership of Nadel's Ponzi scheme.

His first attempt was rejected by the court because, according to the rejection ruling, the court apparently didn't recognize Niemoth as a potential buyer, instead ruling against Niemoth as a creditor trying to leapfrog over Wiand to get at the Jet Center's assets.

Niemoth addresses the apparent error in his newest filing.

To date, the only assett left for Wiand to recover is the fiunds tied in to the Jet Center. Niemoth accuses Wiand of inflating the value. Niemoth states he has examined the books and the tax returns for the Jet Center and that the business has been losing money steadily -- specifically in the six digit per annum range for the last three years.

Niemoth also accuses Wiand of playing fast and loose with potential buyers by not picking and choosing who Wiand would let have a seat at the table.

So far, no comment from the city on Niemoth's motion.