September 2020 –
September 2020 –
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.
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.
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)
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
PITTSBURGH CORNING ASBESTOS TRUST –
A ‘SHAM’ TRUST
FRAUDULENT SITE LISTS