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Priscilla Presley Sues Former Business Partners over Financial Elder Abuse

The lawsuit claims the managers of Priscilla Presley Partners, LLC had “misappropriated” funds of more than $1 million dollars.

Photo: Gary Gershoff/Getty Images

Priscilla Presley filed a lawsuit against her former business partners, including memorabilia auctioneer Brigitte Kruse and Kevin Fialko, for financial elder abuse and is seeking $1 million in damages, according to Rolling Stone. A complaint was filed on Thursday in the Los Angeles Superior Court that the managers of Priscilla Presley Partners, LLC had “misappropriated” funds of more than $1 million dollars. “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,” reads the lawsuit from Presley’s lawyer, Martin Singer.

Seemingly in response to the pending lawsuit, Kruse posted a Winston Churchill quote to her Instagram on Saturday afternoon with the caption, “The truth always comes out. Sometimes, you must stand still, pray for those that hurt you so deeply that it steals your breath, your words, breaks your heart and scars your soul. Trust that the good Lord will do the work. I pray for blessings everyday for those that truly need them (even if they have hurt me).” Vulture has reached out to Kruse for a formal comment.

Kruse has been on the other end of the matter, as she had sued Presley in October 2023, claiming that Presley illegally walked away from their business partnership around the time of her daughter Lisa Marie’s death. Presley’s current lawsuit mentions Kruse’s legal claims, writing, “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.”

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