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Priscilla Presley Alleges $1M Theft by Former Business Partner in New Filing

Priscilla Presley Alleges $1M Theft by Former Business Partner in New Filing

Shocking! Priscilla Presley is the victim of financial abuse!

On Thursday, July 18, the lawyer of Priscilla Presley filed a lawsuit against a woman named Brigitte Kruse as she took advantage of Elvis Presley’s ex-wife and stole $1 million, as per the reports provided by the media outlet.

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She was the first person who reported the news. In the lawsuit, she is not the only person who is blamed but also Kevin Fialko, Vahe Sislyan, Lynn Walker Wright, and Priscilla Presley Partners.
They are claiming that Kruse, the founder of Kruse GWS Auctions, is responsible for handling all the finances of Priscilla. He is the one who primarily forced her into a “form of indentured servitude” by “gaining her trust, isolating her from the most important people in her life.

 

After all this, she started believing her team that they would take care of her (personally and financially) However, that’s not true in fact all these things are part of the trap.

 The filing alleges, “They convinced [Priscilla] that all of her former advisors were either deceitful or incompetent, and that she was leaving millions of dollars on the table as the result of their mismanagement.”
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The documents claim that “by isolating her and immersing themselves in every aspect of her life, the Defendants were able to fraudulently induce [Priscilla] into giving them power of attorney, control over her family and personal trusts, and control over her bank accounts.”

Moreover, she met with Kruse through mutual connections for the purpose of discussing Kruse’s business selling Elvis memorabilia, per the filing. After this, by the end of 2021, Kruse allegedly “quickly immersed herself” in Priscilla’s life and they began working together as they developed a genuine connection.

According to the filing, Priscilla’s new advisors, chosen by Kruse, “falsely” told her that she was financially insecure and that she “would not survive without their ability to exploit her name, image, and likeness on her behalf.” This alleged misinformation allowed Kruse to gain control over Priscilla’s finances after she lost trust in her original advisors.

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Priscilla claims that following Kruse’s advice, she started businesses where her associates received 80% of the profits, leaving her with only a minority stake. Additionally, she alleges that funds from the biopic “Priscilla,” directed by Sofia Coppola, were embezzled.

On the other hand, she reportedly that she meant to receive an ownership interest in a cosmetics company but her ex-business partners instead settled for a $300,000 payment upfront.

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She also revealed that they withdrew $40,000 from the bank account of Priscilla’s son, Navarone Garcia and they did not have any legitimate reason to do this without taking permission of her. Neither did they notify her nor the withdrawal party.

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