Welcome to the website of Receiver, Burton W. Wiand . Mr. Wiand has been appointed Receiver in the case of Securities and Exchange Commission, Plaintiff, v. Arthur Nadel, Scoop Capital, LLC, Scoop Management, Inc., Defendants, and Scoop Real Estate, L.P., Valhalla Investment Partners, L.P., Valhalla Management, Inc., Victory IRA Fund, Ltd, Victory Fund, Ltd, Viking IRA Fund, LLC, Viking Fund, LLC, and Viking Management, LLC, Relief Defendants, Case No. 8:09-cv-87-T-26TBM in the United States District Court
We designed this website to provide convenient access to information about the receivership, including important updates, answers to Frequently Asked Questions (FAQs), and select District Court documents. As our work progresses, we will add information to this website, including information regarding the plan of distribution to creditors of any assets that are recovered and all forms required by the District Court for participation as a claimant in the distribution process. If you require further informatio
The SEC alleges that Arthur Nadel defrauded investors in six hedge funds (Scoop Real Estate, L.P., Valhalla Investment Partners, L.P., Victory IRA Fund, Ltd, Victory Fund, Ltd, Viking IRA Fund, LLC, and Viking Fund, LLC) by massively overstating the value of investments in these funds and issuing false and misleading account statements to investors. Mr. Nadel operated this scheme through a number of different entities, including Scoop Capital, LLC, Scoop Management, Inc., Valhalla Management, Inc., and Viki