Articles Posted in ACandS Settlement Trust Fraud

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2017 Exemplified Asbestos Trust Fraud and the Concealment of Asbestos Job Sites. Defined it.

Fiduciary Fraud took place at nearly EVERY Asbestos Trust in the Country in 2017. The goal of the Fiduciaries? Divert as much money to the themselves, interested parties and “favored” Asbestos Claimant’s Committee Members. The leaders in the fraud? The “Asbestos Trust Mafia” (see my prior posts). The leaders? Steven Kazan, Alan Brayton, Tom Florence, Stephen Snyder, Gary Fergus, Michael Ahrens and a host of other “crooks” misappropriating Asbestos Victims’ funds. Despicable lawyers? Without question! But in 2017 – the fraud continued. Robust and Rampant.

Name the Trust and I will show you fraud. Owens Corning? Yes. Western Asbestos? The ‘billion dollar’ fraud! Thorpe Insulation? Concealment of thousands of ships. Other Trusts where thousands of Asbestos Sites Concealed to Defraud Present and Future Victims? ACandS, Yarway, Plant Insulation, A.P. Green, Fibreboard, USG….just to name a few.

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How Steven Kazan and Alan Brayton Misappropriated Billions from Asbestos Trust Funds in 4 Simple Steps

The “Methods” of Corruption of 2 California Asbestos Lawyers

Every present and future victim of asbestos diseases will receive less money because of 2 very corrupt lawyers – Steven Kazan and Alan Brayton. Look in any Asbestos Trust By-Laws and Trust Distribution Procedures and you will find them. Collectively, Steven Kazan and Alan Brayton control nearly every Asbestos Trust in the Country (approximately 30 Trusts totaling nearly $30 BILLION dollars). They are “Fiduciaries” for the victims of asbestos diseases. But on each Trust, Kazan and Brayton breach that “Fiduciary Duty”. Insider dealing? Yes! Concealment of Asbestos Trust sites? Yes. Collusion? Yes. The net result? The misappropriation of BILLIONS of dollars to Kazan and Brayton.

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Opinion

For years it has been taking place: Fraud – Bad Faith – Concealment of Asbestos Companies Liability Sites!

This week’s example – The Kaiser Aluminum Asbestos Settlement Trust (KACC – Kaiser Refractories) – A Trust with over $600 million in assets being corrupted by Alan Brayton, Steven Kazan, Bob Capritti, Kimberly Lavin, Dan Myer and a host of other “Fiduciaries” conspiring to engage in fraud and concealment.