Asbestos Trusts Come Under DOJ Civil Investigation
Share us on: By Alex Wolf
Law360 (October 5, 2018, 7:26 PM EDT) — The U.S. Department of Justice is turning up the heat to ferret out abuses and potential cases of fraud in the country’s multibillion-dollar asbestos bankruptcy trust system.
Every present and future victim of asbestos diseases will receive less money because of 2 very corrupt lawyers – Steven Kazan and Alan Brayton. Look in any Asbestos Trust By-Laws and Trust Distribution Procedures and you will find them. Collectively, Steven Kazan and Alan Brayton control nearly every Asbestos Trust in the Country (approximately 30 Trusts totaling nearly $30 BILLION dollars). They are “Fiduciaries” for the victims of asbestos diseases. But on each Trust, Kazan and Brayton breach that “Fiduciary Duty”. Insider dealing? Yes! Concealment of Asbestos Trust sites? Yes. Collusion? Yes. The net result? The misappropriation of BILLIONS of dollars to Kazan and Brayton.
“The Dirty 30” – 30 Asbestos Bankruptcy Trust Lawyers Engaging in Fraud, Collusion, Breach of Trust, and Misappropriation of Trust Funds
They are all guilty. Every one of them. Collusion, Breach of Trust, Favoritism and Fraud.
Each solely has one goal in mind – Misappropriate as much as they can from Asbestos Trust Funds — the 30 Billion Dollars for asbestos victims. And misappropriate they have…..at least a BILLION DOLLARS. All monies that should have gone to victims has gone in these lawyers (and one Judges) pocket. Some even paint themselves as ‘victims advocates’ (i.e. Steven Kazan, Alan Brayton…)….but they are far from it – “Traitors” to the core who have stolen hundreds of millions from victims. Every asbestos victims gets less money because of these lawyers. Every one. All with one goal in mind….to line their pockets with as much money from Asbestos Trust Funds as they can…These are greedy and dishonest lawyers — each who has breached their Fiduciary and Ethical Duties and have collectively misappropriated and assisted in the misappropriation of at least One Billion Dollars from Asbestos Trust funds.
Every present and future victim of asbestos diseases will receive less money because of 2 very corrupt lawyers – Steven Kazan and Alan Brayton.
Opinion –
Gary Fergus is one of the most corrupt attorneys in the Country. For decades, he has assisted in the misappropriation of asbestos victim’s funds – nearly a BILLION dollars….. And that corrupt conduct continues to present!! Collusion with (also corrupt) asbestos plaintiff lawyers (Alan Brayton, Steven Kazan), and his former partner (Steven Snyder) who oversees the Trust. The goal of these corrupt lawyers — misappropriate as much of the asbestos victim’s funds into their own pockets (as “Fiduciaries” for the Trusts), while falsely targeting critics with sham lawsuits to misappropriate additional funds.
But finally – Notice has been provided to a Judge all asbestos victims hopes is independent (Unlike corrupt Bankruptcy Judge Sheri Bluebond in Los Angeles. On April 27, 2018 – a detailed letter was filed Judge Hannah L. Blumenstiel detailing Fergus’ corrupt conduct. Simply put, the theft of victim’s funds by Fergus must end. We can only wait and see….
2017 Exemplified Asbestos Trust Fraud and the Concealment of Asbestos Job Sites. Defined it.
Fiduciary Fraud took place at nearly EVERY Asbestos Trust in the Country in 2017. The goal of the Fiduciaries? Divert as much money to the themselves, interested parties and “favored” Asbestos Claimant’s Committee Members. The leaders in the fraud? The “Asbestos Trust Mafia” (see my prior posts). The leaders? Steven Kazan, Alan Brayton, Tom Florence, Stephen Snyder, Gary Fergus, Michael Ahrens and a host of other “crooks” misappropriating Asbestos Victims’ funds. Despicable lawyers? Without question! But in 2017 – the fraud continued. Robust and Rampant.
Name the Trust and I will show you fraud. Owens Corning? Yes. Western Asbestos? The ‘billion dollar’ fraud! Thorpe Insulation? Concealment of thousands of ships. Other Trusts where thousands of Asbestos Sites Concealed to Defraud Present and Future Victims? ACandS, Yarway, Plant Insulation, A.P. Green, Fibreboard, USG….just to name a few.
December 18, 2017
OPINION
Let Justice Roll On Like a River, Righteousness Like A Never-Failing Stream….(James Comey, quoting Amos 5:24)….
A misappropriation of victims funds took place in grand proportion on December 12, 2017. A simple hearing took place before Judge Sheri Bluebond where no more than one lawyer is needed.
So how many did the Thorpe Insulation and J.T. Thorpe Settlement Trusts send? – 10 Lawyers!
Yes – 10 lawyers were sent by the Thorpe Insulation and the J.T. Thorpe, Inc. Settlement Trust for a 15 min hearing!! A gross misappropriation of funds by a pack of frauds. 7 in Courtroom – 3 on the telephone. The Thorpe Trusts needed one lawyer – they sent 10!
Every present and future victim of asbestos diseases will receive less money because of 2 very corrupt lawyers – Steven Kazan and Alan Brayton. Look in any Asbestos Trust By-Laws and Trust Distribution Procedures and you will find them. Collectively, Steven Kazan and Alan Brayton control nearly every Asbestos Trust in the Country (approximately 30 Trusts totaling nearly $30 BILLION dollars). They are “Fiduciaries” for the victims of asbestos diseases. But on each Trust, Kazan and Brayton breach that “Fiduciary Duty”. Insider dealing? Yes! Concealment of Asbestos Trust sites? Yes. Collusion? Yes. The net result? The misappropriation of BILLIONS of dollars to Kazan and Brayton.
This a perfect example of Asbestos Trust Fraud and the Concealment of Documents – The G-I (GAF) Asbestos Settlement Trust!
The G-I Asbestos Settlement Trust (Verus LLC) has the Invoices of GAF and Ruberoid depicting decades of sales of asbestos products! They have them! Thousands and Thousands of invoices. But do the Beneficiaries get to see these asbestos liability documents….documents Verus has a “Fiduciary Duty to Produce to Beneficiaries? NO.
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