Jul 25, 2024, 12:17 PM
Jul 25, 2024, 12:17 PM

Priscilla Presley Accuses Former Associates of Financial Elder Abuse

Highlights
  • Priscilla Presley has initiated a lawsuit against her business associates, claiming they duped her out of $1 million.
  • Her lawyer has countered claims that the legal action is a form of retaliation.
  • The case adds to the ongoing narrative surrounding Presley's financial dealings and personal circumstances.
Story

Priscilla Presley, the 79-year-old actress and former wife of Elvis Presley, has filed a lawsuit against four former business associates, alleging financial elder abuse. Her attorney, Martin Singer, emphasized that the lawsuit is not retaliatory, as claimed by the defendants, but rather a response to their unlawful actions. According to Singer, Presley discovered a scheme where her associates, Brigitte Kruse and Kevin Fialko, among others, allegedly funneled substantial amounts of money to themselves, leading to significant financial losses for her. In the lawsuit filed on July 18, Presley claims she was misled into signing contracts that allowed her associates to take 80% of her income, resulting in losses exceeding $1 million. The defendants, including Kruse, who operates an Elvis memorabilia shop, have characterized the lawsuit as retaliatory, asserting their confidence that the truth will emerge in court. They have chosen to refrain from further comments, citing respect for the judicial process. Court documents detail a "meticulously planned and abhorrent scheme" by the defendants, accusing them of gaining Presley's trust and isolating her from her support network. The allegations suggest that their true intention was to exploit her financially while presenting themselves as caretakers. The case highlights the vulnerabilities faced by elderly individuals in financial dealings and raises questions about the ethics of business practices involving older clients. As the legal proceedings unfold, the focus remains on the claims made by Presley and the responses from her former associates.

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