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.
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
DEADLINE COMING – FRAUD AND CORRUPTION TAKING PLACE
PLANT INSULATION SETTLEMENT TRUST – Fraud, Bad Faith and the Concealment of Asbestos Job Sites by Trust Fiduciaries
NOTE – If you are an attorney filing claims with the Plant Asbestos Settlement Trust – You are being scammed by the Plant Asbestos Settlement Trust (www.pastrust.com)
UPDATE – 9/29/2017 – Bethany Recht has taken over for Jennifer Morales and is as corrupt as Morales – even worse. Recht was presented with THOUSANDS of Liability Documents for the Trusts she represents (A.P. Green and AC&S). She’s lazy. She’s a liar. And she’s accepted a ‘bribe’ (a job) solely to conspire with corrupt lawyers and harm asbestos victims. A true menace to the asbestos world. Everything said below about Morales – can be applied to Bethany Recht.
UPDATE 4/26/2016 – No sightings of this lawyer in asbestos litigation since the start of 2016. One can only hope this lying lawyer has nothing to do with the Pittsburgh Corning Trust. However, I suspect this Trust will be golden parachute for the next 20 years. This would be very bad for asbestos victims.
UPDATE – 12/16/2016 – Jennifer Morales continues to engage in extensive fraud and bad faith. While she may tout herself as a “Partner” and an “Established Lawyer”, she is someone who has ‘earned her stripes’ by enabling fraud and harming the victims of asbestos diseases by misappropriating monies (her extensive billings, favoring lawyers), lying to Trustees and through bad faith. And for those who know this individual personally (whether family, friends – if she has any, school mates, Country Club buddies or otherwise), Morales is a bad lawyer, a fraud and if you really knew the misconduct she engaged in, you’d think so too…. And for my hundreds of clients/claimants who want more details on the specific fraud engaged in by Morales and how it’s harmed you, please contact me at anytime.