Priscilla Presley has been hit with another lawsuit — this time, she’s being accused of hiding a multimillion-dollar jewelry collection from the IRS.

According to court documents, former business partners Brigitte Kruse and Kevin Fialko claim the 80-year-old knowingly misrepresented her assets in an attempt to reduce her tax obligations.

A $25 Million Secret?

At the center of the case is a jewelry and collectible collection allegedly worth more than $25 million.

According to People , the lawsuit claims Priscilla told the IRS in 2023 that she only owned $6,000 worth of jewelry on her Form 433-A, a financial disclosure form used to negotiate tax debt.

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Kruse and Fialko allege she knew the true value of

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