Multimillion-dollar plot targeting Elvis Presley's heirs busted by feds

Elvis Presley's Graceland was taken off the auction block in May after a fraudulent scheme led to the foreclosure of the home

Graceland is 'part of our history,' should stay in Presley family, visitors say

Visitors to Elvis Presley's Graceland estate in Memphis, Tennessee, told Fox News Digital they supported the home staying in the family, amid a legal fight over possible foreclosure. (Karen Pulfer-Focht for Fox News Digital)

Authorities arrested a 53-year-old Missouri woman on Friday for allegedly attempting to defraud Elvis Presley's family out of millions of dollars.

Lisa Jeanine Findley was charged with mail fraud and aggravated identity theft. She was behind the plot that put Graceland up for foreclosure in May, according to a press release from the U.S. Department of Justice.

Elvis Presley playing the guitar and Graceland Mansion

The attempted sale of the Graceland mansion was under federal investigation.  ( Marka/Universal Images Group via Getty Images, left, and  Richard Berkowitz, Getty Images, right. )

"As alleged in the complaint, the defendant orchestrated a scheme to conduct a fraudulent sale of Graceland, falsely claiming that Elvis Presley’s daughter had pledged the historic landmark as collateral for a loan that she failed to repay before her death," said Principal Deputy Assistant Attorney General Nicole M. Argentieri, head of the Justice Department’s Criminal Division. "As part of the brazen scheme, we allege that the defendant created numerous false documents and sought to extort a settlement from the Presley family. Now she is facing federal charges. The Criminal Division and its partners are committed to holding fraudsters to account."

This is a developing story. Check back for updates.

Authored by Lauryn Overhultz via FoxNews August 16th 2024