In a bizarre and audacious scheme, Lisa Jeanine Findley, a 54-year-old woman from Kimberling City, Missouri, was sentenced to four years and nine months in federal prison for attempting to auction off Elvis Presley’s iconic Graceland estate in Memphis, Tennessee. The sentencing took place on September 23, 2025, in U.S. District Court in Memphis.
Findley pleaded guilty to one count of mail fraud in February 2025. As part of a plea agreement, a charge of aggravated identity theft was dropped. Prosecutors revealed that Findley fabricated a $3.8 million loan agreement, falsely claiming that Presley’s daughter, Lisa Marie Presley, had borrowed the money from a non-existent lender named Naussany Investments. She then forged documents, including a Deed of Trust, and published a fraudulent foreclosure notice in a Memphis newspaper, announcing the sale of Graceland.
The scheme was uncovered when Presley’s granddaughter, Riley Keough, filed a lawsuit, leading to a judge halting the proposed auction with an injunction. The court found that the documents presented were fraudulent and that Lisa Marie Presley had never borrowed money from Naussany Investments.
Graceland, the former home of Elvis Presley, opened as a museum and tourist attraction in 1982. It draws hundreds of thousands of visitors each year and remains one of the most storied pieces of real estate in the country.
Findley’s actions have raised concerns about the vulnerability of high-profile properties to fraudulent schemes. Experts emphasize the importance of vigilant property title monitoring and the need for robust legal safeguards to prevent similar incidents in the future.
The case also highlights the potential for abuse in the real estate system, where forged documents and fabricated entities can be used to exploit legal processes. Authorities are urging property owners and legal professionals to be aware of such tactics and to implement preventive measures.
As the legal proceedings conclude, the Presley family has expressed relief that the fraudulent sale was prevented and that justice has been served. They continue to honor the legacy of Elvis Presley and his contributions to music and culture.