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
Brayton -PPP Loan and Asbestos Fund Thief!
Fraudster Steven Kazan Sued – Breach of Fiduciary Duty (Asbestos Trusts)
Steven Kazan has been insider dealing and misappropriating Asbestos Trust Funds for decades!
Stephen Snyder – Corrupt Lawyer Resigns Amid DOJ Investigations!!
The “Devil” is finally gone. Stephen Snyder is resigning from all Asbestos Trusts.
Asbestos Trusts have mismanaged for decades. Fraud, collusion, concealment, and favoritism is the norm at EVERY Asbestos Trust. Former Judges using Trusts as their “Golden Parachute” (Alfred Wolin, Ken Kawaichi). Even worse, current Judges (Sheri Bluebond) using Trust funds for her “reappointment”. And far worse, dozens of ‘former Asbestos Defense Lawyers’ billing Trusts millions.
But now the Department of Justice has ‘moved in’. Here are samples of their letters.
Updated regularly…(See below for note from author)
There is over $30 Billion Dollars set aside for victims of asbestos diseases. But who oversees that money? Who decides which claimants/beneficiaries actually get compensated? Everyone talks about the “Trustees” or “Fiduciaries” (typically male)…..but they can’t do it alone. They need help to commit such massive fraud. Individuals with criminal intent and bad motives who will willingly engage in fraud if it benefits them. So what do these Trustees and Fiduciaries do? They fill the roles with “Corrupt Women Lawyers” and pay them well. The Appearance: “…these are esteemed female lawyers who have ‘broken the glass ceiling’…..”
In the battle of States v. Asbestos Trusts – Round 1 goes to the Trusts. “The Trusts got lucky,” said longtime Asbestos Attorney Michael Mandelbrot.
“13 States there is MAJOR fraud taking place at Asbestos Trusts and want the evidence. What does the Trust have to hide?” added Mandelbrot. Many lawyers have complained that extensive fraud and double dipping is taking place at the Trusts. “Of course it is! When the same lawyers are running the Trusts – Steven Kazan and Alan Brayton – are also filing claims with the Trusts, it’s a recipe for fraud. Kazan and Brayton have misappropriated a billion dollars from victims, thus harming States, and present and future beneficiaries of the Trust. A complete joke!”
“The lawyers at the Delaware Trusts, including Tom Florence, Mary Ellen Nickel, Molly Spieczny, Marla Eskin, and Marcellene Malouf have to be concerned. These Trusts and victims money have been their ‘gravy train’ for decades and it’s soon coming to a halt. These terrible lawyers will never get another job.”
Note from Michael Mandelbrot regarding successful Appeal against Thorpe Trusts –
This was a long time coming! It’s been decades of bad faith and corruption by the J.T. Thorpe, Inc. (jttstrust.com) Settlement Trust Fiduciaries and Thorpe Insulation Settlement Trust Fiduciaries (www.tistrust.com). My office was only sued for exposing this corruption and misappropriation of funds by these Fiduciaries. Everyone knows I have never filed an unreliable claim and in fact, my office files the most thorough and reliable claims in the Country. These fraudsters tried to wipe out the “Whistleblower” (me) through a sham lawsuits, sham audits, judicial bias, and bad faith — while misappropriating millions of dollars of victims funds in the process (Gary Fergus, attorney in California ‘stole’ millions). This victory in the Appeal of the bad faith lawsuit me is one step towards justice. Justice for me. Justice for my office. Justice for my family. And justice for all victims of asbestos diseases.
The pack of fraudsters and co-conspirators who run these Trusts, including Trust Fiduciaries Alan Brayton, Sara Beth Brown, Gary Fergus, Stephen Snyder, and David McClain have misappropriated nearly a billion dollars from Thorpe, Western and J.T. Thorpe Trust Beneficiaries, while breaching their duty to these same Beneficiaries. Here are examples of mass Trust Fraud and Misappropriations by the “Fiduciaries” who sued me:
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