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Priscilla Presley
Gabriel Bui/AFP via Getty ImagesPriscilla PresleyFormer business partner of Brigitte Crewshas responded to allegations of financial abuse against the elderly.
Cruz released a statement. Us Weekly Monday, January 22nd, Filing of lawsuit According to Presley’s lawyer, Marty Singer4 days ago.
“The facts will speak for themselves and I am confident justice will prevail,” Cruz said. “We are all saddened by the woman who gave up her life to help a woman in need. She is now trying to use her celebrity status to ruin the lives of kind, hard-working people. We thank all of our supporters for standing by us during this difficult time. We remain focused on our business and look forward to our day in court. The truth will emerge through evidence, not rumor. Out of respect for the judicial process, we will have no further comment at this time.”
we Presley’s legal team has been contacted for comment.
On Thursday, July 18, Presley, 79, filed a lawsuit against four of her business partners, including Cruise, with 12 complaints, including financial elder abuse. The singer claims they plotted to “suck all of her money” and “meticulously orchestrated” the scheme by “gaining the trust of an elderly woman, isolating her from the most important people in her life, and leading her to believe they would take care of her personally and financially.”
Singer further alleged that the defendants sought to gain control of Presley’s finances, saying:[force] They intended to send her into “a kind of indentured servitude” where they would work and “receive a large share of her future earnings.”
Court documents obtained we He specifically called Cruz a “con man and pathological liar” and accused him, along with defendant Kevin Fialko, of “misappropriating funds, [embezzled] The lawsuit alleges that they “swindled” Presley out of more than $1 million, and that they “fraudulently” made her “sign contracts” that gave her 80 percent of her earnings.
According to the lawsuit, Cruz runs a business selling Elvis Presley memorabilia and met Presley, the late music legend’s ex-wife, in 2021. (Cruz owns California-based GWS Auctions, which currently Authenticity of Elvis Memorabilia.
Presley co-founded Elvis Presley Enterprises and helped run the multi-million dollar business empire linked to Elvis’ estate. In February, Cruise and Fialko sued her for breach of contract, but the singer denied the allegations on Presley’s behalf.
The lawyers alleged in the July 18 lawsuit that the defendants “developed a personal relationship with Presley and gained her complete trust, enabling them to insulate her from her longtime business and financial advisors.” They also alleged that the defendants obtained “power of attorney, control of her family and personal trusts, and control of her bank accounts.” The documents say that Cruz and Fialko tried to “cast themselves as victims” in the initial lawsuit “after their scheme was exposed.”
Presley is seeking a jury trial and $1 million in damages and attorneys’ fees.