A woman from Missouri has entered a guilty plea in connection with a 'brazen attempt' to put Graceland, Elvis Presley's former estate, on auction.
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According to a press release by the Office of Public Affairs from February 25, Lisa Findley, 53, pleaded guilty to her role in a scheme to 'defraud Elvis Presley's family of millions of dollars and to steal the family's ownership interest in Graceland.'
Findley allegedly planned to instigate a fraudulent sale of the Graceland estate in Memphis, Tennesee. She planned to do this using a bogus company name, court filings, and false documents. The release explains that Findley falsely claimed that Elvis Presley's late daughter, Lisa Marie Presley, used Graceland as collateral against a loan she failed to repay before her death. Findley reportedly threatened to sell off the estate if the family didn't pay up.
More specifically, Findley forged the signatures of Lisa Marie Presley and Florida notary Kimberly Philbrick. The bogus company was called Naussany Investments. Findley alleged the company gave Lisa Marie a $3.8 Million loan covered by the Graceland estate. Philbrick indicated she never met Lisa Marie Presley nor notarized any documents on her behalf.
According to the Daily Mail, Findley initially denied the allegations but has since amended that plea. Alongside one count of Mail Fraud, Findley also faced a count of aggravated identity theft, which prosecutors have since dismissed following the guilty plea.
Findley May Face 20 Years In Prison In The Graceland Case
Per the Office of Public Affairs, Findley pleaded guilty to one count of Mail Fraud. The crime carries a maximum prison term of 20 years. A judge will sentence her on June 18, 2025. According to ABC News, Prosecutors asked Findley if she understood what she was pleading guilty to. She reportedly said "yes" but did not elaborate on her actions. While the maximum prison sentence is 20 years, prosecutors are recommending a lighter term of 57 months.
The outlet also reveals that Findley admitted that if the case had gone to court with her original plea, she would have been found guilty beyond a reasonable doubt.
