Priscilla Presley has been hit with one other lawsuit — this time, she’s being accused of hiding a multimillion-dollar jewellery assortment from the IRS.
In response to courtroom paperwork, former enterprise companions Brigitte Kruse and Kevin Fialko declare the 80-year-old knowingly misrepresented her property in an try to scale back her tax obligations.
A $25 Million Secret?
On the middle of the case is a jewellery and collectible assortment allegedly price greater than $25 million.
In response to Individuals, the lawsuit claims Priscilla advised the IRS in 2023 that she solely owned $6,000 price of jewellery on her Type 433-A, a monetary disclosure kind used to barter tax debt.
Learn Extra: Priscilla Presley Simply Shut Down These Elvis Conspiracy Theories
Kruse and Fialko allege she knew the true worth of her property, and that the gathering was saved at an off-site storage facility run by Angie Marchese, who manages the Graceland Archives in Tennessee.
In addition they declare Priscilla was concurrently working to finalize her settlement with granddaughter Riley Keough, which resulted in a multi-million greenback payout to herself and different relations.
Fired for Talking Up?
The swimsuit additional alleges that after Kruse and Fialko indicated they have been planning to alert the IRS in regards to the undisclosed property, Priscilla orchestrated their termination.
Priscilla Denies All the things
By way of her lawyer Marty Singer, Priscilla is fiercely denying the allegations, calling the lawsuit “absurd” and “fully with out advantage.”
“This false declare is nothing greater than a tragic and harsh try to tarnish the fame of an 80-year-old girl,” Singer mentioned in an announcement.
He additionally accused Kruse and Fialko of attempting to distract from their very own authorized troubles, which embrace allegations of elder abuse and misappropriation of funds from Priscilla.
Not the First Lawsuit
This isn’t the primary time Priscilla and her former companions have clashed in courtroom. Simply two months in the past, Kruse and Fialko claimed she ignored Lisa Marie Presley’s well being points in an alleged try to achieve extra management over the Presley property.
Learn Extra: 17 Nation Artists Who Launched Music After Their Loss of life
In addition they made the dramatic declare that she financially pressured Elvis throughout the closing months of his life, “pushing him to his dying” in August 1977.
Priscilla was married to Elvis Presley from 1967 till their divorce in 1973. Their solely little one, Lisa Marie, died in 2023 at age 54.
PICTURES: See Inside Priscilla Presley’s Spectacular Property
