A woman who attempted to claim ownership of Graceland through a fraudulent foreclosure scheme has pleaded guilty to federal charges. Lisa Jeanine Findley, 61, admitted in a Memphis courtroom Tuesday that she used forged documents and posed as representatives of a fake lender to attempt to sell the historic property.
Findley falsely asserted that Lisa Marie Presley had taken out a $3.8 million loan and failed to repay it, allowing her to file a foreclosure notice. Prosecutors revealed that Findley created a nonexistent lending company and posed as multiple individuals to make the scheme appear legitimate. She published a foreclosure notice in a Memphis newspaper, sparking a legal battle.
Riley Keough, who inherited Graceland following her mother’s passing in 2023, filed a lawsuit to halt the sale. A judge intervened, questioning the authenticity of the loan paperwork and the credibility of the lender. A notary listed on the documents later confirmed that she had never met Lisa Marie Presley or notarized anything for her.
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
As federal authorities closed in, Findley attempted to shift blame by claiming the fraud was carried out by a cybercriminal network. Investigators, however, found that she personally orchestrated the plan.
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
Under a plea agreement, an aggravated identity theft charge was dropped, leaving Findley to face sentencing for mail fraud on June 18. She could serve up to 20 years in prison, though the terms of her plea deal suggest a shorter sentence.
Graceland, a major tourist attraction since its opening to the public in 1982, remains under the control of Keough and continues to draw thousands of visitors annually.
