In a scathing lawsuit, Presley's attorneys say a shady group opted to "prey on an older woman" to "drain her of every last penny."
by Bill Donahue
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Attorneys for Priscilla Presley are suing four of her former business partners over allegations of elder abuse and fraud, accusing them of a “meticulously planned” scheme to drain Elvis Presley’s ex-wife of “every last penny she had.”
In a complaint filed Thursday (July 18) in Los Angeles court, lawyers for Presley, 79, accuse Brigitte Kruse, Kevin Fialko, Vahe Sislyan and Lynn Walker Wright of fraudulently convincing her to give them power over nearly every aspect of her life — and then abusing that control to steal her money.
“This action arises out of a meticulously planned and abhorrent scheme by the defendants in this action to prey on an older woman by gaining her trust, isolating her from the most important people in her life, and duping her into believing that they would take care of her (personally and financially), while their real goal was to drain her of every last penny she had,” writes high-profile attorney Martin Singer, who now represents Presley.
Calling Kruse a “con-artist and pathological liar,” Singer says the defendants took more than $1 million from Presley and convinced her to sign a deal that would give them 80% of her future income.
“The fact that the plaintiff in this case is internationally recognized actress, author, and cultural icon … demonstrates both how effective the defendants’ plan was (and needed to be), and how anyone can be a victim of elder abuse and fraud,” Singer writes.
The new case comes eight months after Kruse’s company, Priscilla Presley Partners, filed its own lawsuit against Priscilla in Florida. That case claimed that Presley illegally turned her back on Kruse and Fialko after they had helped her “dig herself out of impending financial ruin,” including negotiating the deal that led to last year’s Priscilla biopic.
But in Thursday’s new lawsuit, Singer argues that the earlier case was merely a cover for Kruse and Fialko’s alleged misdeeds.
“When it became clear to the defendants that their scheme had been uncovered, they attempted to falsely portray themselves as the victims by filing a lawsuit against Presley in Florida in the name of several of the sham companies they established, alleging that Presley breached the fraudulently-induced operating agreements,” her legal team writes.
According to the complaint, Sislyan is Kruse’s husband and participated in the scheme; and Walker-Wright is an Orlando-area attorney who allegedly helped the others carry it out.
Singer and Priscilla’s other attorneys say that Kruse and the others “established a personal relationship” with her and then used it to “isolate her from her long-time business and financial advisors,” whom they argued were “deceitful or incompetent” and causing her to lose money. Once they had isolated her, the lawsuit says, Kruse and the others took steps to “fraudulently induce” Presley into signing over power of attorney, giving them control over her trusts and bank accounts, and signing deals with “sham” companies like Priscilla Presley Partners.
One of those deals, the lawsuit says, gave the defendants “an exclusive license to exploit and profit off of her name, image, and likeness, and to control and receive virtually all of her income from any of her professional ventures.”
“Dissatisfied with what existing resources they could siphon from her, the defendants’ plan involved usurping control over her ability to control her finances going forward and forcing her into a form of indentured servitude, where plaintiff was forced to work so that they could receive the lion’s share of any revenue that she was able to earn in the future,” Singer writes.
An attorney for Kruse and Priscilla Presley Partners did not immediately return a request for comment on the allegations. Walker-Wright also did not return a request for comment.
Full Article & Source:
Priscilla Presley Sues Ex-Advisors for Elder Abuse, Alleging ‘Abhorrent Scheme’ to Steal Her Money
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