Elvis Presley's Graceland Fraud Case

SOURCE www.foxnews.com
Lisa Jeanine Findley pleaded guilty to mail fraud related to a scheme to defraud Elvis Presley's family of millions and steal Graceland's ownership interest. She faces sentencing on June 19 after admitting guilt. The scheme involved false loan claims and threats to sell Graceland if a settlement wasn't paid.

Key Points

  • Lisa Jeanine Findley pleaded guilty to mail fraud related to a scheme against Elvis Presley's family
  • Findley falsely claimed Presley's daughter borrowed $3.8 million and threatened to sell Graceland if a settlement wasn't paid
  • Graceland generates $150 million in economic impact for Memphis

Pros

  • Justice served as perpetrator pleads guilty
  • Preservation of Graceland's ownership

Cons

  • Potential financial losses for Presley's family
  • Negative impact on Graceland's reputation