Celia Cruz’s executor accused of stealing money
11:40 am By Jennifer Woodard Maderazo · Celebrities|Controversia
5 Jan 2007
The late Celia Cruz left her estate completely and totally to her husband, Pedro Knight. Somewhere along the way, executors were appointed to make sure finances were managed in order to take care of her ill husband. Now, AP reports that a judge will decide whether or not accusations are true that one of the executors, Luis Falcon, has been stealing money intended for Pedro and should therefore be removed from the estate handlings:
Falcon has drained funds from accounts for Knight, made “extravagant expenditures” and failed to account for transfers of more than $1 million from Cruz’s estate, according to a lawsuit filed by co-executor Omer Pardillo, of Cliffside Park.In addition, Falcon is exercising improper influence over Knight, who is 85 and suffering from dementia, the lawsuit claimed. After Cruz died in 2003, Knight moved to California with Falcon, the lawsuit said.
How terribly sad that Celia’s legacy be tainted by this kind of scandal and that Pedro’s later days be filled with ugly fighting over money.
Via / Yahoo! News
- Tags: celia cruz, pedro knight
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1 Response to Celia Cruz’s executor accused of stealing money
theCardinal
January 6th, 2007 at 10:16 pm
This fight was a long time coming. The only reason there was peace in the family was Celia, as long as she was alive family squabbles were squelched. Her sisters never got along with Pedro and vice-versa. You throw in the fact that Celia never really bothered to straighten out her finances or have a professional look at them and it only makes it worse. There is less money than many believe – before Falcone started robbing her Mercado had been doing it for decades. I don’t want to say Pedro deserves it but he and Celia brought this scumbag in against the advice of the entire family – there were constant warnings and all went unheeded. This is nasty situation that will garner no winners just losers.