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Graceland’s near-sale at the hand of fraudsters exposes ‘vulnerability’ in legal system

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image of graceland mansion with fans outside

Graceland made headlines last year when Priscilla Presley, Elvis’ widow, and Riley Keough, Priscilla and Elvis Presley’s granddaughter, battled over the trust left behind by Keough’s mother, Lisa Marie Presley. The pair came to a settlement that left the singer’s famous Memphis estate in Keough’s hands through the trust.

Now, Graceland is in the news again with another claimant: a scammer. An auction notice for a foreclosure sale of Graceland went up in May from Naussany Investments and Private Lending, a mysterious company that claimed Lisa Marie Presley borrowed $3.8 million from them in 2018 and put Graceland up as collateral on a loan she never repaid.

But there were many holes in Naussany’s story, including an affidavit from the notary on the documents who said she never notarized any documents from Lisa Marie Presley. A Tennessee judge put a halt to the sale after Keough’s attorneys said the company’s claims about the loan weren’t true. Shortly afterward, the company said it had dropped the claims. Then, an identity thief claimed responsibility for the fraud, raising even more questions about the whole affair.

Read more at Northeastern Global News.

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