A Missouri woman pleaded guilty Tuesday in a Memphis federal courtroom after being charged with attempting to fraudulently sell Elvis Presley’s Graceland estate. Lisa Jeanine Findley, 61, admitted to a mail fraud scheme in which she forged documents and posed as representatives of a fake lender to claim ownership of the property.
Prosecutors say Findley devised an elaborate scheme, alleging that Lisa Marie Presley had borrowed $3.8 million and defaulted on the loan. She then staged a foreclosure attempt, demanding a $2.85 million settlement from Presley’s family while publishing a foreclosure notice in a Memphis newspaper.
The scam unraveled when Riley Keough, who inherited Graceland after her mother’s death, filed a lawsuit to block the sale. A judge halted the process and questioned the validity of the loan. Further scrutiny revealed that the lender, Naussany Investments and Private Lending, did not exist, and a notary public denied ever certifying any of the related documents.
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
Following her arrest, Findley tried to claim that she was being framed by an international identity theft ring. Investigators rejected the explanation, citing overwhelming evidence linking her directly to the fraudulent paperwork.
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 initially faced two charges, but as part of a plea deal, the aggravated identity theft charge was dropped. She is set to be sentenced on June 18 and could face up to 20 years in prison, though a reduced term is expected.
Graceland, which Elvis Presley purchased in 1957, remains under the ownership of Keough and continues to operate as a museum and popular tourist destination.
