Aug 17, 2024, 12:00 AM
Aug 16, 2024, 12:00 AM

Woman Arrested for Trying to Sell Elvis's Graceland

Subjective
Highlights
  • A Missouri woman arrested for attempting to defraud Elvis Presley's family by selling Graceland.
  • The iconic property in Memphis was at the center of a fraudulent scheme orchestrated by the woman.
  • Elvis Presley's Graceland became a target of fraudulent sale, leading to the arrest of the woman involved.
Story

A Missouri woman, Lisa Jeanine Findley, 53, has been arrested for allegedly attempting to defraud the family of Elvis Presley by orchestrating a scheme to auction off the iconic Graceland property. The Justice Department reported that Findley falsely claimed that Presley’s daughter had pledged the estate as collateral for a loan, which she purportedly failed to repay before her death last year. Prosecutors allege that Findley fabricated loan documents and published a fraudulent foreclosure notice in a Memphis newspaper, announcing an auction for Graceland scheduled for May. The situation escalated when Riley Keough, Presley’s granddaughter and actress, inherited the trust and ownership of Graceland following her mother, Lisa Marie Presley’s, passing. Keough filed a lawsuit alleging fraud, which led to a judge issuing an injunction to halt the proposed auction. The foreclosure notice claimed that Promenade Trust, which manages the Graceland museum, owed $3.8 million due to a defaulted loan from 2018. Keough's lawsuit contends that Naussany Investments and Private Lending, the company behind the foreclosure, presented fraudulent documents regarding the loan. Notably, Kimberly Philbrick, the notary listed on these documents, stated she never met Lisa Marie Presley or notarized any related documents. The judge expressed concerns over the authenticity of the signatures involved, indicating that the estate could successfully argue that the auction attempt was fraudulent. The case highlights the ongoing legal battles surrounding Elvis Presley’s estate and the protection of his legacy.

Opinions

You've reached the end