Priscilla Presley Faces $50 Million Lawsuit from Former Business Partners Over Fraud Allegations

Priscilla Presley, the former wife of Elvis Presley, is facing a legal battle. Two of her ex-business partners, Brigitte Kruse and Kevin Fialko, have filed a lawsuit for over $50 million, claiming fraud and breach of contract. They allege that Priscilla misused them to benefit from her name and image while concealing that she had sold those rights years ago.

The lawsuit is a follow-up to Priscilla’s own legal action against Kruse and Fialko. She accused them of exploiting her trust with a plan to take advantage of her financially and personally, especially after the recent death of her daughter, Lisa Marie Presley. Recent studies show that elder abuse is a growing concern, with significant numbers of cases going unreported. Experts suggest that the emotional vulnerabilities of older individuals make them particularly susceptible to manipulation.

Kruse and Fialko argue that they spent countless hours trying to help Priscilla recover from financial troubles after she approached them in 2021. Their lawyer claims they put in significant effort and investment to revitalize her brand. The lawsuit includes claims that they worked hard to enhance her public image through various marketing strategies.

However, they say Priscilla failed to disclose that she had previously sold the rights to her name in a $6.5 million deal with Elvis Presley Enterprises back in 2005. When confronted, she allegedly denied the agreement or claimed she had forgotten about it.

The two partners say they’ve been unfairly accused and argue that their contributions helped Priscilla negotiate a $2.4 million deal with Riley Keough, Lisa Marie’s daughter, to settle a legal dispute over the Presley estate. After this agreement, they claim Priscilla cut them off and later sued them.

This situation highlights a larger issue of trust and vulnerability among public figures, especially those who may have faced personal losses recently. Priscilla has gained renewed public interest due to recent films portraying her life, including “Elvis” and “Priscilla,” making her a more visible figure now than in years past.

As this legal battle unfolds, it not only involves personal grievances but also raises questions about the dynamics of trust, control, and exploitation in the lives of public personalities.

For additional information on elder abuse and financial exploitation, you can check out data from the National Center on Elder Abuse (NCEA) here.

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Lawsuits, Priscilla Presley, Lisa Marie Presley, Elvis Presley, General news, Legal proceedings, Jordan Matthews, Kevin Fialko, Sofia Coppola, Fraud, Los Angeles, TN State Wire, California, Tennessee, Arts and entertainment, Baz Luhrmann, Riley Keough, Business, Entertainment