Woman charged in brazen plot to extort Elvis Presley’s family and auction off Graceland
WASHINGTON (AP) — A Missouri woman has been arrested on charges she orchestrated a brazen scheme to defraud Elvis Presley’s family by trying to auction off his Graceland mansion and property before a judge halted the mysterious foreclosure sale, the Justice Department said Friday.
Lisa Jeanine Findley, 53, of Kimberling City, falsely claimed Presley’s daughter borrowed $3.8 million from a bogus private lender and had pledged Graceland as collateral for the loan before her death last year, prosecutors said. She then threatened to sell Graceland to the higher bidder if Presley’s family didn’t pay a $2.85 million settlement, according to authorities.
Finley posed as three different people allegedly involved with the fake lender, fabricated loan documents, and published a fraudulent foreclosure notice in a Memphis newspaper announcing the auction of Graceland in May, prosecutors said. A judge stopped the sale after Presley’s granddaughter sued.
Experts were baffled by the attempt to sell off one of the most storied pieces of real estate in the country using names, emails and documents that were quickly suspected to be phony.
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