Sunday, July 12, 2020
Home > Technology > Buzz Aldrin sues children, alleging misuse of his finances

Buzz Aldrin sues children, alleging misuse of his finances

Apollo 11 moonwalker Buzz Aldrin is suing two of his children and a former business manager, accusing them of misusing his credit cards, transferring money from an account and slandering him by saying he has dementia. 

Aldrin’s lawsuit filed earlier this month in a Florida state court asked a judge to remove his son Andrew from control of his financial affairs, social media accounts and several nonprofit and business enterprises. Andrew Aldrin had been a trustee of his father’s trust.

The 88-year-old Aldrin said in the complaint that despite revoking the power of attorney he had given his son, Andrew Aldrin continued making financial decisions for him.

“Specifically, defendant Andrew Aldrin, as trustee, does not inform plaintiff of pending or future business transactions, removes large sums of monies from plaintiffs accounts and continues to represent plaintiff in business and social capacities despite plaintiff’s repeated requests for such representations to be terminated,” the lawsuit said. 

In this photo taken July 20, 1969, Edwin E. (Buzz) Aldrin Jr. stands next to a U.S. flag planted on the moon during the Apollo 11 mission. (Neil A. Armstrong/NASA/Associated Press)

Aldrin accused his daughter Janice in the lawsuit of not acting in his financial interests and conspiracy, and he accused his former manager, Christina Korp, of fraud, exploitation of the elderly and unjust enrichment. Also named in the lawsuit are several businesses and foundations run by the family. 

Aldrin’s oldest son, James, isn’t involved in the legal fight.

Competency hearing this week

Andrew and Janice Aldrin are trying to become his guardians, claiming he suffers from memory loss and confusion.

They filed a petition in Florida state court in May, claiming their father was incapacitated. They claimed he was associating with new friends who were trying to alienate him from his family and that he had been spending his assets at “an alarming rate.”

Court-appointed mental-health experts will evaluate his competency this week.

 In April, Aldrin underwent his own evaluation conducted by a UCLA psychiatrist, who concluded he was capable of managing his own finances and health. 

In a statement, Andrew and Janice Aldrin said they’re saddened by the “unjustifiable” lawsuit.

“If nothing else, our family is resilient and our ability to work together to solve problems and accomplish great things is strong,” the Aldrin children said. “We love and respect our father very much and remain hopeful that we can rise above this situation and recover the strong relationship that built this foundation in the first place.”

They said they would have no further comment.

Aldrin was a member of the Apollo 11 crew that landed the first two humans on the moon. Aldrin joined Neil Armstrong on the lunar surface in July 1969. Earlier this month, Aldrin was at the White House for President Donald Trump’s announcement directing the Pentagon to create the “Space Force” as a new military branch.