Priscilla Presley Cuts Off Broke Lisa Marie

Lisa Marie Presley says that her money manager squandered her $100 million share of the Elvis Presley empire — but insiders say that Priscilla Presley is putting the blame on Elvis' daughter!

As previously reported by The National ENQUIRER, Lisa Marie claims that her once-massive trust fund is down to a mere $14,000. She's now gone to court against money manager Barry Siegel — who says that the real culprit is Lisa Marie's "uncontrollable spending habits!" Meanwhile, say sources, Priscilla is leaving Lisa Marie on her own!

“She’s basically given up trying to help Lisa Marie,” said an insider. Instead, with Lisa Marie in the midst of a divorce from Michael Lockwood, Priscilla has decided that she won't give up another penny of her own $50 million fortune to help out her daughter.

As earlier reported by The ENQUIRER, Lisa Marie has even already admitted that she was once “abusing cocaine terribly” while previously blowing big bucks. Now, said the insider, Priscilla is vowing “to leave her millions to her grandchildren, bypassing Lisa Marie entirely!”

Lisa Marie currently has full custody of twin girls Harper and Finley — but, said the insider, she's “obsessed with pushing wild conspiracies about Lockwood, most of which she has invented.” Lisa Marie filed for divorce in June 2016 after accusing her fourth hubby Michael of blowing her funds and having kiddie porn on his computer, which he denied.

Priscilla, said the source, “believes the only way to deal with this is tough love,” and she's mainly “working to protect her grandchildren’s future.” She's reportedly still tried to encourage Lisa Marie to go back into rehab, but the wannabe pop star is said to have refused. Other sources have reported that Lisa Marie is now seething with jealousy because her 57-year-old ex is moving on and dating someone new.

When Priscilla told Lisa Marie that “she should focus on getting herself well again instead of trying to bring her children’s daddy down,” said the insider, “Lisa Marie was furious. The fear is Lisa Marie will suffer the same tragic fate of her dad if she doesn’t change her self-destructive ways!”