Montgomery, Alabama
FILE – Graceland, Elvis Presley’s home, is seen, Jan. 7, 2011, in Memphis, Tenn. 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 in Memphis and property before a judge halted the mysterious foreclosure sale, the Justice Department said Friday.
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. “Ms. Findley allegedly took advantage of the very public and tragic occurrences in the Presley family as an opportunity to prey on the name and financial status of the heirs to the Graceland estate, attempting to steal what rightfully belongs to the Presley family for her personal gain,” said Eric Shen, inspector in charge of the U.S. Postal Inspection Service Criminal Investigations Group.
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. Riley Keough, Presley’s granddaughter and an actor, inherited the trust and ownership of the home after the death of her mother, Lisa Marie Presley, last year. An attorney for Keough didn’t immediately respond to a message seeking comment on Friday.
The judge in May halted the foreclosure sale of the beloved Memphis tourist attraction, saying Elvis Presley’s estate could be successful in arguing that a company’s attempt to auction Graceland was fraudulent.
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