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Graceland Auction Scammer Pleads Guilty to Fraud in Memphis Plea Deal

4 months ago 16

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Graceland Woman Pleads Guilty ... In Scam to Auction Elvis' Mansion!!!

Published February 25, 2025 1:34 PM PST

A woman charged by the feds in an alleged scheme to "steal" Elvis Presley's Graceland estate mansion has pleaded guilty to mail fraud ... but her aggravated identity theft charge has been dismissed.

Lisa Jeanine Findley claimed Lisa Marie Presley -- Elvis' daughter -- had borrowed $3.8 million and put up Graceland as collateral, before Lisa Marie died in 2023. Findley then threatened to auction off Graceland if the Presley family didn't pay off the loan

Lisa Marie's daughter, Riley Keough, filed a lawsuit claiming the company's alleged loan documents were fraudulent -- and a judge stopped the proceedings.

The FBI launched a criminal investigation, resulting in Findley's arrest.

As we told you at the time, Lisa Marie never took out a $3.8 million loan, and the notary who supposedly witnessed Lisa Marie signing the loan documents says that never happened ... she never even encountered Lisa Marie, ever.

052224_tmz_live_graceland_auction_blocked.01_00_05_17.Still023 5/22/24

TMZ.com

Findley had previously pleaded not guilty to both charges ... but she agreed to a plea deal with prosecutors Tuesday in Memphis, Tennessee, the Associated Press reports.

Findley had pretended to be three separate individuals in the scam, and published a fake foreclosure notice about Graceland in Memphis in May last year, according to the AP, and she later tried to blame a nonexistent Nigerian identity thief.

Findley would have faced a mandatory-minimum sentence of 2 years in prison for the identity theft charge and a maximum of 20 years in prison for the mail fraud charge if convicted, according to prosecutors. She's scheduled to be sentenced in June for mail fraud.

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