Articles Posted in Asbestos Settlement Trust

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A misappropriation of victims funds took place in grand proportion on December 12, 2017. A simple hearing took place before Judge Sheri Bluebond where no more than one lawyer is needed.

So how many did the Thorpe Insulation and J.T. Thorpe Settlement Trusts send? – 10 Lawyers!

Yes – 10 lawyers were sent by the Thorpe Insulation and the J.T. Thorpe, Inc. Settlement Trust for a 15 min hearing!! A gross misappropriation of funds by a pack of frauds. 7 in Courtroom – 3 on the telephone.  The Thorpe Trusts needed one lawyer – they sent 10!

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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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EVERY TRUST! Every Trust in which Steven Kazan and  Alan Brayton are Fiduciaries, there is corruption taking place. Every one. Who loses? Asbestos Victims! While these ‘lawyers’ champion themselves as advocates for victims of asbestos disease, the “Truth” is that they have misappropriated BILLIONS of dollars from Asbestos Victims and that every present and future victim of asbestos disease will receive ‘less’ recovery because of the fraud of these two individuals. So how do they do it?

One method is crystal clear —

CONCEALMENT OF JOB SITES WHERE EVERY ASBESTOS COMPANY WAS PRESENT SO THAT CURRENT AND FUTURE VICTIMS OF ASBESTOS DISEASE CANNOT RECOVER THE TRUSTS

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Verus LLC Fiduciary Bob Capritti – Costing Asbestos Victims Millions

One man is costing ASARCO Asbestos Trust victims millions of dollars. At the same time, this same individual is misappropriating millions and millions of ASARCO victims funds to himself and “favored” Law Firms (i.e. Brayton Purcell, Kazan McClain…). This is some of the most egregious (criminal) examples of bankruptcy fraud in history. Ignorant? Yes. Acting in Bad Faith? Yes. Imbecilic? Without question! So who is the man behind the ASARCO Asbestos Bankruptcy Trust Fraud?  The Department of Justice rules say he’s supposed to a “Fiduciary” – someone who operates with the “highest level” of duty and good faith. But these rules mean nothing to him! He’s a complete fraud.

That man is Bob Capritti — Attorney, Fiduciary, and ASARCO Asbestos Trust Representative.

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Updated regularly…(See below for note from author)

The Corrupt Women of Asbestos Litigation – Bad Lawyers/Worse People

There is over $30 Billion Dollars set aside for victims of asbestos diseases. But who oversees that money? Who decides which claimants/beneficiaries actually get compensated? Everyone talks about the “Trustees” or “Fiduciaries” (typically male)…..but they can’t do it alone. They need help to commit such massive fraud. Individuals with criminal intent and bad motives who will willingly engage in fraud if it benefits them. So what do these Trustees and Fiduciaries do? They fill the roles with “Corrupt Women Lawyers” and pay them well. The Appearance: “…these are esteemed female lawyers who have ‘broken the glass ceiling’…..”

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Opinion/Editorial

Bernie Madoff/Steven Kazan — Steven Kazan/Bernie Madoff.

The comparisons are undeniable. Both misappropriated billions of dollars. Both enriched friends/family at the expense of victims. Both held themselves out “pioneers” while committing vast fraud. Both will leave a legacy of fraud and bad faith impacting tens of  thousands of victims solely to enrich themselves. Unfortunately, only one of them is in jail. Madoff. The other (Kazan) continues to misappropriate funds from asbestos claimant. The difference? In every Asbestos Trust Kazan inserts a “License to Commit Fraud” thus allowing him to continue his wrath of dishonesty (i.e. …“No Asbestos Claimants’ Representative are to have or incur any liability to any Entity for any act or omissions arising out of the Chapter 11 cases or during the entirety of the Chapter 11 cases). 2 Criminals (although only one has been convicted – Madoff) – 2 “Losers” – 2 of the biggest fund frauds in history – 2 very bad individuals.

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Opinion

THE PIONEERS OF ASBESTOS TRUST FRAUD AND MISAPPROPRIATION

For decades, lawyers Steven Kazan, Alan Brayton, and David McClain have held themselves as “Pioneers” of Asbestos Litigation. The reality is – They are the “Pioneers of Asbestos Trust Fraud”. Billions (yes, billions) of dollars set aside for victims of asbestos have been misappropriated by these 3.

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Opinion based on 20 years of filing Asbestos Trust Claims – See full blog post on this topic – Updated September 4, 2017 (and as circumstances change)

The Asbestos Trust Mafia: Corrupt Lawyers Harming Present and Future Asbestos Victims

Note: This is a ‘story’ that has to be written. Billions and Billions of Dollars have been stolen by the individuals below. Billions. Each of the individuals below is tied to each other as an “Asbestos Trust Fiduciary”. Each is dishonest. Each commits fraud solely designed to misappropriate money from asbestos victims. Each is solely engaging in fraud to “line their own pockets”. Quite possibly “THE” most corrupt lawyers in the Country. The Asbestos Trust Mafia.
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Updated Regularly since the Asbestos Trust Corruption is ongoing….

Opinion (Michael J. Mandelbrot, 25 years Asbestos Plaintiff Attorney)

It’s Official – A Mafia exists in the world of Asbestos Litigation. I know because I worked at a “Mafia” member’s Firm, saw the activities first hand, and have now dealt with these corrupt Fiduciaries (the “Asbestos Trust Mafia”) for over 20 years. Nothing below would be printed were it not true and supported by factual and/or documentary evidence. For 30 years these dishonest lawyers have ‘raped’ Companies, Trusts, and Asbestos Victims to the tune of billions….

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March 21, 2017

It’s about time the State Attorney Generals began investigating Asbestos Bankruptcy Trusts. The collusion, bad faith, misappropriation of funds and fraud have taken place for over a decade.

Finally – 13 State AG’s Investigate!

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