No shit!
I did see one report that the FBI is looking into it & that “FBI agents have contacted Riley Keough’s camp”
Lisa Marie did have financial problems. They may have been resolved after she sold 85% of Elvis Presley enterprises. Lisa Marie still owned the main Graceland house. Riley Keough received a much smaller inheritance but a $5.6 million house ain’t bad. Plus 15% of Elvis Enterprises. 
Gift link My first! Hope it works.
Quoted from embedded LA Times link
That sounds like an absolute steal for the buyer.
While this slow-moving trainwreck / scam fiasco continues to play out, one question I have is whether Elvis’s star still shines bright, or whether Graceland’s value lies more now as real estate.
I visited it in 1990, making a big detour through states I ignored to see it, and was perhaps underwhelmed, a bit disappointed, mainly because the trappings of his life were so cheap and tawdry. Reflecting back, there’s maybe a story of how early poverty sometimes accommodates later success through excess, but it was one destination that I never felt compelled to return to.
Aside from the iconic association, and the storied interiors and objects and graves, what is Graceland now beyond another grand home to someone who used to be famous, but doesn’t seem to be making new fans?
I’ve been wondering this, myself. I don’t think that Elvis is wracking up any new fans to replace the old ones. I’ve been once, and thought it was fascinating. It was surprisingly nostalgic for me, because I saw a few things in the house that reminded me of the old kitschy stuff my Mom had when I was a little kid.
But, for anyone born after Elvis was long gone, I don’t know if they’d really “get it.” Plus, think Elvis is viewed differently in the “Me Too” era. Touring his home may not be able to maintain the attraction.
While I doubt Elvis is making many “new fans,” he still landed at #2 on Forbes’ list of highest paid dead celebrities with his estate earning an estimated $100 million last year. The article notes that Graceland saw 600,000 visitors last year.
Presumably that includes royalties and other sources of revenue. Surely fans aren’t paying $167 apiece just to tour the place?
Yes, that’s all sources of revenue. Notably, the estate does not receive royalties from recordings made prior to 1973 due to a terrible deal Colonel Tom made with RCA. Which makes the $100 million even more impressive.
The sale was Dec 2004. (using the LA Times publish date).
Elvis was more relevant then.
I had a CD from with his 1950’s hits. I liked the young, snarling Elvis.
He wasn’t the same after leaving the army. He had matured and never had the same bad ass Elvis attitude.
Scotty Moore was a big, big part of the early hits. Elvis made a mistake letting Tom Parker can Scotty.
There is a good possibility that this was all a Nigerian scam:
Now that CNN actually published the scammer’s email address, I wonder how many scams are about to hit his inbox? 
That’s kind of the Elvis brand in a nutshell. As we get ever further from his death is relevancy has gone down. Don’t get me wrong, he’s still famous, movies are still made about him, and his songs were featured in Lilo & Stitch…oh, my. That was 22 years ago. Ahem. Where was I? Ah yes, Elvis’ relevancy to todays culture. It used to be in decades past I would hear an Elvis song on the radio when listening to one of the classic rock/oldies stations but these days I only hear him around Christmas with “Blue Christmas,” “Here Comes Santa Clause,” and “Santa Claus is Back in Town.”
Don’t get me wrong, I like Elvis. But like any pop star he’s eventually going to fade from memory.
I’ve never been to Memphis at all, but my impression from poking around the vicinity of Graceland on Street View is that real estate would not be the best investment in that area, especially if Graceland (the only place that seems to be doing a bustling trade in anything) was no longer bringing anyone to the area.
Well, a lot of retired people like to travel–and many of those were Elvis fans when they were young. So why not travel to Graceland?
Sure. For how much longer will that be the case though? Elvis has been dead for around 47 years and I doubt he’s gaining new fans at the rate his old fans are dying. Are a lot of Generation X retirees going to head to Graceland?
Some people still think it’s worth going to.
Ahem, that was almost 40 years ago…
My favorite Graceland story is from Ian Hunter’s Diary Of A Rock ‘n’ Roll Star, where he tells the tale of sneaking on to the property and being denied an audience because “Mr. Presley’s tired and he ain’t seeing anybody.”
So he probably has arrived by now.
I think Elvis’ commercial appeal is steadily declining.
I haven’t heard much about Elvis impersonators in a long time. The more talented ones got on stage in the jumpsuit and performed.
The hacks showed up in costume and just say Thank you, thank you very much. Pose for photos and leave.
They have to sell tickets for it to be worth staging a concert. Maybe there’s still demand at Casinos that cater to older customers? Live music is popular at Casinos.
There must be a few fake Elvis left but that will change in another 10 to 15 years.