A Missouri woman has pleaded guilty to mail fraud charges after attempting to sell Elvis Presley’s Graceland estate through a fraudulent foreclosure scheme. Lisa Jeanine Findley, 61, entered the plea Tuesday in a Memphis federal court, acknowledging that she fabricated loan documents and staged a false foreclosure auction.
Prosecutors say Findley falsely claimed that Lisa Marie Presley had taken out a $3.8 million loan and used Graceland as collateral. She then tried to extort $2.85 million from Presley’s family, threatening to auction the estate unless they paid the settlement.
Findley went to great lengths to make the scheme appear legitimate, creating fake identities, forging financial documents, and placing a foreclosure notice in a Memphis newspaper. The fraud began to unravel when Presley’s daughter, Riley Keough, filed a lawsuit alleging the claims were false. A judge promptly blocked the auction and noted discrepancies in the legal paperwork.
A Missouri woman agreed to plead guilty to mail fraud for her role orchestrating what the authorities described as a scheme to defraud Elvis Presley’s heirs by claiming ownership of Graceland and threatening to sell it in a foreclosure auction. https://t.co/1MauVtRG4L
— New York Times Music (@nytimesmusic) February 25, 2025
A notary public whose name appeared on the loan documents testified that she had never met Lisa Marie Presley, further undermining Findley’s story. After the fraud was exposed, Findley attempted to pin the blame on an international cybercrime ring, but investigators found direct evidence of her involvement.
UPDATE: Woman pleads guilty to federal mail fraud charge in plot to sell Graceland https://t.co/EVk8EzZ1P9
— WREG News Channel 3 (@3onyourside) February 25, 2025
Findley was originally charged with two crimes, but under a plea deal, prosecutors dropped an aggravated identity theft charge. She is now set to be sentenced on June 18, facing up to 20 years in prison, though she is likely to serve a shorter term.
Graceland, one of the most famous homes in the country, remains in Keough’s possession. The estate, which has been a tourist destination since 1982, continues to draw visitors eager to experience the legacy of Elvis Presley.
