Missouri woman to plead guilty in brazen plot to sell Graceland

A Missouri woman said Tuesday she is pleading guilty to a federal charge accusing her of concocting a brazen plot to defraud Elvis Presley's family by trying to auction off his Graceland mansion and property before a judge halted the mysterious foreclosure sale.During a change of plea hearing, Lisa Jeanine Findley told a federal judge in Memphis that she will plead guilty to a charge of mail fraud related to the scheme.She previously pleaded not guilty to the two-count indictment, which also includes a count of aggravated identity theft.Findley 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 2024, prosecutors said.

A judge stopped the sale after Presley's granddaughter Riley Keough sued.Findley will be sentenced at a later date.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.Findley, of Kimberling City, falsely claimed Presley's daughter Lisa Marie Presley borrowed $3.8 million from a bogus private lender and had pledged Graceland as collateral for the loan before her death in January 2023, prosecutors alleged when she was charged in August 2024.

She then threatened to sell Graceland to the highest bidder if Presley's family didn't pay a $2.85 million settlement, according to authorities.In May, a public notice for a foreclosure sale of the 13-acre estate said Promenade Trust, which controls the Graceland museum, owes $3.8 million after failing to repay a 2018 loan.Keough inherited the trust and ownership of the home after the death of her mother. Keough filed a lawsuit claiming fraud, and a judge halted the proposed auction with an injunction.

Naussany Investments and Private Lending — the bogus lender authorities say Findley created — said Lisa Marie ...

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Publisher: CBS News

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