Articles Posted in Asbestos Trusts

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Note from Michael Mandelbrot regarding successful Appeal against Thorpe Trusts –

This was a long time coming! It’s been decades of bad faith and corruption by the J.T. Thorpe, Inc. (jttstrust.com) Settlement Trust Fiduciaries and Thorpe Insulation Settlement Trust Fiduciaries (www.tistrust.com). My office was only sued for exposing this corruption and misappropriation of funds by these Fiduciaries. Everyone knows I have never filed an unreliable claim and in fact, my office files the most thorough and reliable claims in the Country. These fraudsters tried to wipe out the “Whistleblower” (me) through a sham lawsuits, sham audits, judicial bias, and bad faith — while misappropriating millions of dollars of victims funds in the process (Gary Fergus, attorney in California ‘stole’ millions). This victory in the Appeal of the bad faith lawsuit me is one step towards justice. Justice for me. Justice for my office. Justice for my family. And justice for all victims of asbestos diseases.

The pack of fraudsters and co-conspirators who run these Trusts, including Trust Fiduciaries Alan Brayton, Sara Beth Brown, Gary Fergus, Stephen Snyder, and David McClain have misappropriated nearly a billion dollars from Thorpe, Western and J.T. Thorpe Trust Beneficiaries, while breaching their duty to these same Beneficiaries. Here are examples of mass Trust Fraud and Misappropriations by the “Fiduciaries” who sued me:

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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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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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Editors Note: 9/29/2017 – It’s unfortunate for asbestos victims that two lawyers are ‘stealing’ money from the Manville Trust who are supposed to be Fiduciaries — Jason Rubinstein and Jared Garelick. Having accepted a ‘tacit bribe’ to commit fraud, Rubinstein and Garelick have done just that years — conspiracy and bad faith. Add Sham lawsuits. Sham audits. Tyranny. Fraud. Misconduct. Perjury….all to protect the fraud of others (Al Brayton and Steve Kazan) and pad their own pockets with Asbestos victims money.

Manville Trust run by 2 of the Worst and Most Corrupt Lawyers in the Country –

Jason Rubinstein & Jared Garelick