Overview

• New legal documents from former business partners allege Priscilla Presley concealed jewelry and collectibles valued at upwards of $25 million from the IRS.
• The filing states she submitted Form 433-A on May 4, 2023 declaring only $6,000 in jewelry while seeking to reduce tax obligations.
• Plaintiffs assert the trove was stored off-site at a facility overseen by Graceland archives manager Angie Marchese.
• They claim Presley orchestrated their immediate termination after learning they intended to inform the IRS of the collection’s value.
• Presley rejects the accusations, with attorney Marty Singer calling them “absurd,” and the dispute sits within a broader battle featuring a $50 million suit against her and a countersuit alleging elder abuse and fraud.