Priscilla Presley Sues Ex-Business Associates For Financial Elder Abuse

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Priscilla Presley's suing several former business associates ... claiming she's been the victim of financial elder abuse.

Presley claims Kruse is a"con artist and pathological liar" who took over control of PP's finances, forcing her into"a form of indentured servitude."According to the lawsuit, Kruse convinced Presley her former financial advisors were either deceitful or incompetent ... and then duped her into signing contracts and forming companies that let her and her associates receive a whopping 80% of her income.

At the same time, Priscilla says the group left her with only minority shares in the companies they created and profited off her name, image and likeness ... specifically pointing to last year's controversial biopic"Priscilla" -- money from which Priscilla claims was also misappropriated.Among the many claims ...

Presley's suing Kruse for more than $1 million in damages and wants the contracts she signed with Kruse, and the other defendants -- voided.

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