Police Detain Suspect in Kidnapping of Billionaire Heiress in Memphis – Cops Prepare for Raid on Apartment Complex

Eliza Fletcher

Police in Tennessee have ‘detained’ a man and located the car being sought in relation to the kidnapping of Memphis billionaire heiress Eliza Fletcher.

 Eliza Fletcher, the granddaughter of Joseph Orgill III, who inherited and ran a hardware company that now claims over $3 billion in annual sales, has been abducted by unknown assailants, according to Sputnik News.

The family has offered a $50,000 reward for her safe return.


Eliza “Liza” Fletcher is a 34-year-old pre-kindergarten teacher and the mother of two children. She also stands to inherit the Orgill fortune, with The Daily Beast calling her the heir to the company. However, while the company is privately held, it has been run by a professional management team since 1980 and while it was reported at the time that the Orgill family remained the largest stockholder in the company, its ownership structure today is unclear.
Fletcher was last seen jogging near the University of Memphis around 4:20 am on Friday morning.

The family offered a reward on Friday.

Memphis police are posting updates on the kidnapping.

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