Articles Tagged with “Asbestos Trust Fraud”

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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.

For nearly 2 decades, through various scams, hoaxes, concealment and just plain extortion, Capritti has overseen various Asbestos Trusts, including the ASARCO Asbestos Trust. ASARCO supplied and sold asbestos fiber to a number of former “Fortune 500 Companies,” including Johns Manville, General Motors, and Owens Corning, as well as other Nationwide “specialized” asbestos companies, including Garlock Gaskets.

Capritti, a former asbestos defense lawyer for a dozen companies, has been provided this information in the form of depositions, invoices and Corporate Interrogatories. What did he do with the information? Concealment! Why? So actual ASARCO victims DO NOT get paid, while favored Counsel and Law Firms such as Kazan McClain and Brayton Purcell do. The clear and fraudulent concealed Garlock evidence (hence, ASARCO since they supplied the asbestos fiber) will be attached to this posting – or at least a portion of the hundreds of thousands of pages.

Over 100 ASARCO Asbestos Victims have perfected claims with the ASARCO Asbestos Trust and are not getting paid while favored counsel (the biggest frauds on earth) and Capritti continue to misappropriate Trust victims.

The worst fraud of Capritti – complete ignorance  – was first discovered on October 11, 2017 when a number of ASARCO asbestos victims, after waiting years for claims reviews, had their requests for Arbitration and Mediation fraudulent denied by Capritti.  Capritti indicated that the claimants did not have a “cognizable and valid” claim despite each’s diagnosis of an asbestos disease AND exposure to Garlock asbestos products.

Capritti’s actual e-mail is copied verbatim below – Could he be more of a fraud??

From: Bob Capritti <RCapritti@verusllc.com>

Cc: Dan Myer <DMyer@verusllc.com>
Sent: Wednesday, October 11, 2017 11:36 AM
Subject: FW: ASARCO Deficiencies

 

A review of these claims fails to provide any proof of exposure to an “ASARCO” asbestos-containing product. Without some evidence of proof of “ASARCO” exposure, these claims would not be deemed to be valid and cognizable in the tort system. As you are aware, the TDP states that –Claims involving Disease Levels I–V, VII and VIII that do not meet the presumptiveMedical/Exposure Criteria for the relevant Disease Level may undergo the Asbestos Trust’s Individual Review Process described in Section 5.3(b). In such a case, notwithstanding that the claim does not meet the presumptive Medical/Exposure Criteria for the relevant Disease Level, the Asbestos Trust may offer the claimant an amount up to the Scheduled Value of that Disease Level if the Asbestos Trust is satisfied that the claimant has presented a claim that would be cognizable and valid in the tort system.

 On the basis of the foregoing, these claims are not currently eligible for a 2.2 review.

The Mandelbrot Law Firm’s Response to the Fraud Bob Capritti –

Bob,

I would say that without question, your responsive e-mail below exemplifies an active ignorance on your part to the point of criminal fraud. No human, yet alone an attorney, can be that unintelligent, nonsensical, and just plain dumb.
You are consciously aware that many of the claims below were “cognizable and valid in the tort system” because there were 3rd party cases “in the tort system” which in fact were “recognized in the tort system”, settled by solvent defendants “in the tort system”, and resolved with a number of Verus Trusts which clearly recognized that these claimants had claims “cognizable and valid in the tort system”. 
Or are you “from a defense attorney” point of view saying that “at Trial”, you couldn’t prove Garlock PID..? This is not the standard of review and even if it were, this could not be more false. I’ve now provided you Mare Island Naval Shipyard depos (and uploaded them with many claims) which describe the use of Garlock gaskets is the shipyard (as well as Kaylo – which you use fraud to deny)….This is the ‘exact PID’ that every Trust requests to add sites and in fact, other Trusts (including Verus Trusts) have added sites based on the depositions I provided.
Every one of these claims would have been filed against ASARCO in the tort system as a cognizable and valid case which ASARCO would have settled if ASARCO were solvent. While some of the 3rd party handling attorneys did not name ASARCO in the 3rd party cases is solely because those attorney were not fully aware of ASARCO expansive asbestos liabilities.
To further the Claimant’s position, the Claimants can ‘prove’ at your request that every one of these Claimants also has a valid and cognizable tort system claim AND a current Asbestos Trust bankruptcy filing with “Garlock”. In fact, I can provide the Garlock filings (which = ASARCO during certain years) of every Firm in the Country (including your favored buddy attorneys) which further the point of Garlock exposures in every shipyard and on every Navy ship (something I expect you know well!).
Look for the Headline – “ASARCO Asbestos Trust Fraud – Verus LLC Fiduciary Bob Capritti’s Bad Faith Harms Asbestos Victims”….
Next to the Western Asbestos billion dollar default fraud (by Kazan and Brayton) – this may be the biggest Asbestos Trust fraud and bad faith in history. Especially since you paid all of Brayton’s claim pre-petition. 
So what are these wrongful death victims options at this point who clearly have provided a valid and cognizable claim with ASARCO?
We still await a response.
To Contact this Fraud to let him know that his Conduct is Harming Millions of Asbestos Victims –
@
Bob Capritti | Claims Manager
 
Verus LLC
rcapritti@verusllc.com 609.466.0427 ext. 1010
3967 Princeton Pike | Princeton, NJ 08540www.verusllc.com

ASARCO Documents Concealed by Bob Capritti and Verus LLC

Garlock Proof – Mare Island – Depo ID

Garlock full GO 129 Responses 6-19-98 OCR

Garlock Proof – Hunters Point

KAISER STEEL REFRACTORIES – GARLOCK

There is so much more.

It also has to be noted – that the individual’s ‘behind the fraud’ are Asbestos Claimant’s Committee Members Steven Kazan and Alan  Brayton – the most corrupt attorneys in the Country

Steven-Kazan-The-Face-of-Asbestos-Trust-Corruption-and-Fraud-214x300

Asbestos Claimants Committee member behind the Fraud of the ASARCO TRUST – The “King of Corruption” and document Concealment

And don’t forget his “right hand man” – Alan Brayton – The Billion Dollar Asbestos Trust Thief

The-Face-of-Fraud-Alan-Brayton-The-Rat

ASARCO Trust Fraud – Alan Brayton

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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 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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Update October 2017: Nothing has changed since the original publishing. The site list for this Trust is a complete “sham” with Fiduciaries “concealing” thousands of thousands of known Unibestos sites and ships! The Goal of the Corrupt Fiduciaries: To steer as much of the Asbestos Victims PCC Trust Fund to themselves and co-conspirators. Attorneys Tom Florence, Alan Brayton and Steven Kazan and behind this mass fraud.

Notice re: Trust and Fiduciary Fraud — PCC Asbestos Trust

Fiduciaries,