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Lisa Marie Presley’s Cocaine Confessions

Elvis’ daughter tells judge she’s flat broke after addiction battle!

By National ENQUIRER Staff

Mar 14, 2018 @ 18:29PM

Lisa Marie Presley’s Cocaine Confessions

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Lisa Marie Presley, the troubled only child of Elvis, admitted she was a raging cocaine junkie who blew through her $1-billion inheritance while caring for twin daughters in the last years of her fourth failed marriage!

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The 50-year-old trainwreck made the confession in explosive legal papers, reviewed by The National ENQUIRER, for her divorce from Michael Lockwood, father of her twins, Harper and Finley. “The last year of our marriage, I was abusing cocaine terribly,” Lisa Marie claimed in court documents.

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Lisa Marie — a veteran of multiple rehab stints to battle addictions to painkillers, opioids and booze — also told the court she’s broke. The wannabe singer has accused ex business manager Barry Siegel of blowing through her dough and is suing him for breach of trust, negligence and constructive fraud.

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Not that she can remember how it happened. “It’s a big puzzle,” said the source. “She was addicted to coke and alcohol. She was drugged out when the money problems began. Did her manager steal or mismanage? Did Michael Lockwood steal? Did she spend it all? Who knows.”

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Lisa Marie is desperate to file for bankruptcy to solve her financial problems, sources say. But the court might not erase her debts since she still rakes in more than $100,000 a year from Elvis’ tourist attraction estate, Graceland.

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When Lisa Marie filed for divorce in June 2016, she claimed Lockwood blew through her funds and had kiddie porn on his computer, which he denied. After a rehab stint, she was homeless, crashing on friends’ couches with actress-daughter Riley Keough from her first marriage to Danny Keough.

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By June 2017, friends feared Lisa Marie was killing herself with drugs. Sources insisted the five-foot-three party girl had shrunk to a mere 99 pounds and that her organs were failing. An L.A. family court judge ordered her to “complete six months” in rehab or “lose your kids forever.”

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The troubled heiress — whose mother, Priscilla, has been caring for her twins — currently claims to have a staggering $500,000 in credit card debt and only $14,000 in her trust. But estranged hubby Lockwood claims she’s still loaded.

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Lockwood accuses her of hiding $11 million in assets, plus a $31-million trust to dodge paying his $450,000 in lawyer fees and keep him from getting custody of the twins. The musician claimed she still gets $104,000 monthly from her dad’s estate.

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He additionally claimed that Lisa Marie went to rehab at the expensive Hills Treatment Center, a celeb-friendly clinic. But other sources claim she’s broke and depending on the kindness of her daughter Riley, mom Priscilla and a few good friends.

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