Lisa Marie Presley claims her ex-money manager lost $100 million trust fund left to her by Elvis with ‘reckless and negligent’ investments while paying himself a salary of $700,000
According to sources Lisa married four times, including bizarro marriages to Michael Jackson and Nicolas Cage. And she probably threw a lot of money down the toilet on her failed singing career. If she’d been smart, she’d have dedicated her career to the money-making licensing and trademarking opportunities of Elvis’ estate instead of selling it off, and that’s it.
Lisa is accusing Siegel and his firm of running the $100 million trust fund her father set up for her ‘into the ground’ to just $14,000