Other Business Interests
On January 27, 2009, Venice Jet Center LLC and Tradewind LLC, two of Nadel's businesses, were ordered into receivership by Tampa U.S. District Judge Richard Lazzara. The judge appointed attorney Burton Wiand as receiver for Nadel’s funds, said in a court filing that the businesses were bought with fraudulently obtained money. Venice Jet Center provides charter services and a flight school, and “is a viable business with potential to generate assets for the receivership”. Tradewind owns and controls at least five aircraft and owns airport hangars at the Newnan-Coweta County Airport in suburban Atlanta, Georgia. The Venice Jet Center trained some of the 9/11 hijackers under different ownership. Tradewind Aviation was run by his son Chris, who has an airline pilot's license. Federal records show Tradewind owns two Cessna Citation jets, a Lear Jet, a helicopter, and several smaller aircraft.
Public records show Nadel was an officer of Summer Place Development Corp., a 6.5-acre (26,000 m2) undeveloped parcel in Manatee County, Florida. He was listed as director, secretary, and treasurer.
Read more about this topic: Arthur Nadel
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