Running Log of Asbestos Trust Fraud – Corrupt Lawyers Harming Asbestos Victims Daily!!
August 25, 2020 (with entries added Daily)
Editor Note: It’s time to expose the overwhelming amount of Fraud, Bad Faith, Insider Dealing, and Criminal Conduct that takes place among Fiduciaries on a daily basis at Asbestos Trusts. Asbestos Trust List – All Trusts – Updated October 2019
Misappropriation of Asbestos Trust Funds by Fiduciaries? No problem!
Lying to Judges? Nearly Every Annual Report!
Favoritism among Fiduciaries (who also file Trust claims)? – Again, at every Asbestos Trust.
To give the thousands of readers an idea of the fraud taking place, I’m going to keep a running “Log of Asbestos Trust Fraud”. Fraud and Criminal conduct that is taking place now!! All of the fraudulent “actors” involved will be revealed along with the Trusts involved, nature of misconduct, and other notes. Over time, you can be assured this log will be extensive! Huge!
And involve most every Asbestos Trust! The criminal misconduct and breach of Fiduciary Duty among Trust Fiduciaries (Trust Advisory Committee Members, Trustees, and Futures Representatives), “Insiders” (such as Ankura Consulting LLC), and select insiders needs to be exposed. The fraud involved by these Fiduciaries have cost Asbestos Victims more than $2 Billions Dollars, continues to “infect” the Asbestos Trust. Even though it is prohibited by the Department of Justice, these criminal collude and conspire on many, many Asbestos Trusts (i.e. Plaintiff Lawyer Steven Kazan working on and corrupting 30 – yes, THIRTY – Asbestos Trusts).
While this post may not seem very in depth (yet, as it is a ‘running log”), it will be added to weekly and should make for a good read….Guaranteed within a 60 days, there will be information about fraud taking place by Trust Fiduciaries. So here we go….
Running Log of Asbestos Trust Fraud – Corrupt Lawyers Harming Asbestos Victims Daily!!
AC&S Asbestos Settlement Trust
Trust: AC&S Asbestos Settlement Trust
Date: August 24, 2020
Nature of Fraud: Insider Dealing, Bad Faith, Favoritism. Trust has delayed claims YEARS and is now requiring a “Proof of Representation” signed by the Client”.(?). Every Trust requires the lawyer to certify that they will only file claims for those individuals they represent. The AC&S Trust (which does NOT keep a FIFO queue as required) required my office to wait a YEAR to have claims reviewed only to have a deficiency (solely to delay claims) for Proof of Representation. As a result – Corrupt and favored attorneys (Steven Kazan) have their claims reviewed quicker and receive additional monies while other Firm’s claimants don’t get paid for years and receive 1/5 of what Kazan gets on identical claims. More evidence of Trust fraud? Sure, Verus Trusts (Dan Myer) – who process claims for AC&S – have already processed and paid multiple claims for the exact same individuals for my Law Firm. But now Verus (in collusion with Fiduciaries) delay claims for the exact same individuals (for years) and require “proof of representation”.
Trust Lawyers – Fiduciaries Involved in this Bad Faith (Any could be the ‘poster child’ for Asbestos Trust Fraud)
- Peter D’Apice – https://www.sbep-law.com/peter-c-d-apice — Has his “dirty” hands in multiple Trusts committing fraud and colluding with other Fiduciaries. Close and personal relationship with Steven Kazan – collusion, quid pro quo deal…
- Bethany Recht – https://www.kmklaw.com/professionals-Bethany_Recht – AC&S Trust Counsel – I don’t think it’s possible to place a more inept lawyer on this earth…
- Dan Myer – Verus Trusts – https://verusllc.com/verus_team/daniel-p-myer/ – Collusion and Corruption defined!
- Steven Kazan – https://www.kazanlaw.com/lawyers/steven-kazan/ – The undisputed KING of Asbestos Trust Fraud. Has siphoned off “Billions” from Asbestos Trusts. Despite being ‘wealthy’ and making at least $100 million last year, Kazan (www.kazanlaw.com) took a PPP Loan of $2 Million. A ”white collar” criminal to his core.
Armstrong World Industries Asbestos Trust
Trust: Armstrong World Asbestos Trust
Date: July 28, 2020
Nature of Fraud: Breach of Fiduciary Duty; Insider Dealing; Misappropriation of Funds – On July 28, 2020, the Armstrong World Industries announced in had “run out of funds” for 2020. Why and How? Excessive payments (misappropriation of funds) to Armstrong Trust Advisory Committee Member Steven Kazan. Example of Breach of Fiduciary Duty – AWI Trust – Ankura – See this link for the Trust Announcement. Because of this misappropriation of funds, every Asbestos Victim gets screwed!
Trust Lawyers – Fiduciaries Involved in this Bad Faith (Any could be the ‘poster child’ for Asbestos Trust Fraud)
- Steven Kazan – https://www.kazanlaw.com/lawyers/steven-kazan/ – The undisputed KING of Asbestos Trust Fraud. Simultaneously steals money from Trusts through insider dealing (w/Ankura, John Brophy, Bethany Recht Trust lawyer). See this lawsuit where KAZAN WAS SUED for this clear Breach of Fiduciary Duty (he settled quickly!) – 2020-01-31 Robert Baird v Armstrong World Industries Asbestos Personal Injury Trust, et al Complaint Cover Sheet Verification BR-34. To be clear, due to Steve Kazan, millions are out of work and nearly all asbestos victims are getting screwed! Kazan is a true white collar criminal.
- Bethany Recht – https://www.kmklaw.com/professionals-Bethany_Recht -Armstrong World Industries Trust Counsel – I don’t think it’s possible to place a more inept lawyer on this earth… Authorizes large payments to Kazan while denying identical claims for other Firms.
- Mary Ellen Nickel -Mary Ellen Nickel, Director of Claims – mnickel@delcpf.com Manages AWI Asbestos Trust – Insider dealing defined. Has spent a career misappropriating Trust funds to favored parties. Billions. A disgraceful human being.
- Ankura Consulting – John Brophy – Values Kazan’s claims! Pays his clients 5-10 times what identical claims are paid to other Firms. Should be criminally charged.
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