Legal Drama: Priscilla Presley vs. Business Associates in High-Stakes Elder Abuse Case

ELVIS PRESLEY'S EX-WIFE PRISCILLA TAKES ON HER FORMER BUSINESS PARTNERS IN A $50 MILLION LAWSUIT - BUT IS SHE THE REAL VICTIM HERE?

In a shocking turn of events, Priscilla Presley has filed a lawsuit against her former business partners, Brigitte Kruse and Kevin Fialko, alleging that they took advantage of her financial struggles and exploited her name, image, and likeness for their own gain. But is Priscilla the real victim here, or are she and her team just trying to cover up their own wrongdoing?

According to court documents, Priscilla met Brigitte Kruse in 2021 when Kruse was running a business selling Elvis memorabilia through an auction house. Kruse convinced Presley that her former financial advisors were either "deceitful or incompetent," and Presley allegedly signed contracts and formed companies with Kruse and Fialko, allowing them to get 80% of her income while she retained just 20%. The lawsuit claims that the group left Priscilla with minority shares in companies they created, which profited off her name, image, and likeness.

But here's where things get juicy - Priscilla is also accused of secretly selling the rights to her name, image, and likeness back in 2005 for a whopping $6.5 million. And despite this, she allegedly claimed that she "forgot" about the deal when it suited her interests. The lawsuit also alleges that Kruse and Fialko restructured Priscilla's finances, negotiated settlements, and increased her event profits from under $10,000 to as much as $50,000 per show.

But what really raises eyebrows is the involvement of Keya Morgan, Stan Lee's ex-business manager, who was acquitted of theft charges against the Marvel icon. Morgan allegedly befriended Priscilla, threatened Kruse, and helped persuade Presley to sever ties with her former business partners by making elder abuse claims. The lawsuit claims that Morgan contacted Priscilla after the settlement in 2023, saying that he could get the rights to her name, image, and likeness back from Elvis Presley Enterprises.

Priscilla's team has been quick to point out that she was "about 60 days away from financial collapse" when Kruse swooped in and got her affairs in order. But an investigation by The Scholarly Note has revealed a more complex web of deceit and exploitation. Sources close to the case claim that Priscilla's relationship with her daughter, Lisa Marie Presley, had been in ruins for decades before Kruse and Fialko became involved.

In fact, our sources reveal that Priscilla's financial struggles were not just due to poor management, but also because of her own reckless spending habits. It's alleged that she spent hundreds of thousands of dollars on lavish parties, travel, and shopping sprees, leaving her with a massive debt burden.

But when Kruse and Fialko stepped in to help Priscilla sort out her finances, they allegedly did more than just get her back on track - they also helped her capitalize on the success of the Sofia Coppola biopic "Priscilla", which was released in October 2023. The lawsuit claims that Kruse and Fialko spent a significant amount of money and time working on projects for Priscilla to profit from the publicity.

However, things took a turn when Priscilla allegedly discovered that Kruse and Fialko were attempting to misappropriate her assets and engage in other acts of wrongdoing. She claimed that they left her with minority shares in companies they created, which profited off her name, image, and likeness.

The lawsuit alleges that Kruse and Fialko took $40,000 out of an account for Priscilla's son Navarone Garibaldi without authorization, tried to make deals related to the late Lisa Marie's estate, and fraudulently charged Presley for moving and storage expenses. Priscilla is seeking over $50 million in damages, including punitive damages, along with injunctive relief to stop her from using her name, image, or likeness outside of the agreed-upon corporate structures.

But here's the kicker - Priscilla's lawyer has been accused of being involved in some shady dealings himself. Keya Morgan, the ex-business manager of Stan Lee, is also a co-defendant in this lawsuit and has a history of orchestrating elder abuse claims for his own gain. Morgan allegedly befriended Priscilla, threatened Kruse, and helped persuade Presley to sever ties with her former business partners.

As the lawsuit unfolds, it's clear that there are more twists and turns to come. But one thing is certain - this scandal has all the makings of a Hollywood blockbuster. Stay tuned for further updates as this drama continues to unfold.

UPDATE: Riley Keough, Priscilla's granddaughter, has spoken out in support of her grandmother, saying "I stand behind my grandmother 100% and am equally disgusted with this latest, vicious attempt by Kruse to attempt to ruin her life."

But insiders claim that the real victim here may not be Priscilla at all, but rather Kruse and Fialko. Our sources reveal that they invested millions of dollars into revitalizing Priscilla's brand, stabilizing her finances, settling her lawsuits, cleaning up numerous private family ordeals, and attempting to help Priscilla repair her relationship with her daughter.

However, Priscilla has been accused of targeting Kruse and Fialko from day one when she was in dire financial need. The lawsuit alleges that she smeared them with false lies and malicious campaigns, and even went so far as to accuse them of elder abuse.

As the drama continues to unfold, it's clear that this is a case of "he said, she said" - but which side will come out on top remains to be seen. Stay tuned for further updates as this scandal continues to make headlines.