Lisa Jeanine Findley, a 53-year-old from Kimberling City, Missouri, has been arrested for allegedly orchestrating a scheme to defraud the family of Elvis Presley. According to the U.S. Justice Department, Findley attempted to auction off Graceland, Elvis’s iconic mansion, by fabricating a fraudulent foreclosure sale.
The scheme involved false claims that Presley’s daughter had taken out a $3.8 million loan from a fictitious private lender, with Graceland purportedly used as collateral.
Findley reportedly created fake loan documents and demanded $2.85 million from Presley’s family to settle the supposed debt. She further propagated the scam by publishing a fraudulent foreclosure notice in a Memphis newspaper, announcing that Graceland would be auctioned off to the highest bidder. This manipulation aimed to exploit the Presley family’s public profile and financial status for personal gain.
Fraudulent Scheme to Auction Graceland Allegedly Orchestrated by Missouri Woman
Graceland, which opened as a museum in 1982, is a significant cultural landmark that attracts numerous visitors each year. Across the street from the museum, the Presley-themed entertainment complex is managed by Elvis Presley Enterprises. The estate’s prominence made it a target for Findley’s fraudulent activities.
Following the fraudulent notice, Presley’s granddaughter Riley Keough, who inherited the estate after her mother Lisa Marie Presley’s death, filed a lawsuit alleging fraud. The lawsuit led to a judge issuing an injunction in May, halting the proposed auction of Graceland.
The judge’s decision was based on claims that the foreclosure sale documents were fraudulent and that Lisa Marie Presley had never borrowed money from the alleged lending company.
The Tennessee attorney general’s office initially investigated the case but later passed the inquiry to federal authorities. The case continues to unfold as Findley faces charges related to her fraudulent activities targeting the Presley estate.
