A Missouri woman has pleaded guilty in federal court after orchestrating an audacious scheme to sell Elvis Presley’s Graceland estate through fraudulent foreclosure. Lisa Jeanine Findley, 61, admitted to mail fraud charges in a Memphis courtroom on Tuesday, acknowledging her role in fabricating loan documents and impersonating multiple individuals to execute the scheme.
Prosecutors say Findley falsely claimed that Lisa Marie Presley had borrowed $3.8 million using Graceland as collateral as detailed here. She then staged a foreclosure attempt, demanding a $2.85 million settlement from Presley’s family. The scheme involved forged signatures, fraudulent financial records, and a public foreclosure notice published in a Memphis newspaper in May 2024.
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
The plot began to unravel when Lisa Marie Presley’s daughter, Riley Keough, took legal action, alleging fraud. A judge quickly halted the foreclosure sale and questioned the authenticity of documents presented by the fake lender, Naussany Investments and Private Lending — a company Findley is accused of inventing. A notary public listed on the documents also denied ever notarizing anything for Lisa Marie Presley.
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
After her arrest, Findley attempted to deflect blame by claiming a Nigerian fraud ring had orchestrated the scam. Prosecutors rejected this explanation, citing clear evidence of her direct involvement.
Findley, who initially faced two charges, had an aggravated identity theft charge dropped as part of her plea deal. She now faces sentencing on June 18 and could receive up to 20 years in prison, though she is expected to serve less under the agreement.
Graceland, which was purchased by Elvis Presley in 1957, remains under Keough’s ownership. The estate, a major tourist attraction, continues to draw fans from around the world.
