Riley Keough Priscilla Presley Graceland Fraudulent Foreclosure Hit Back

Priscilla Presley calls Graceland foreclosure a 'scam' in response to alleged fraudulent attempt to sell Elvis' home.

Priscilla Presley and Riley Keough have taken to social media to address what they are calling a "scam" foreclosure attempt on Graceland, the iconic home of Elvis Presley. Local news outlet WREG in Memphis, Tennessee reported that the historic property was scheduled for a foreclosure sale on May 23, but Keough, Elvis' granddaughter, was able to secure a temporary restraining order to halt the sale. An injunction hearing is set for the following Wednesday.

The issue dates back to a lawsuit filed by Naussany Investments & Private Lending, LLC in 2023, claiming that Lisa Marie Presley, Elvis' daughter, borrowed funds in 2018 when she owned Graceland. Allegedly, Presley also took out a $450,000 loan two years prior, using Graceland as collateral. However, Keough has filed a 60-page lawsuit against Naussany Investments, stating that her mother never borrowed money from the company and that the documents are fraudulent.

Keough alleges that her mother's signature was forged on the deed and that Naussany Investments is not a legitimate entity. The notary involved in the deed has denied notarizing Lisa Marie's signature, claiming she never met the late musician. Graceland officials have confirmed that the claims are fraudulent and that there is no foreclosure sale, filing a counter lawsuit to stop the fraud.

In a tragic turn of events, Lisa Marie Presley passed away on January 12 after a medical emergency, with her cause of death listed as complications of a small bowel obstruction. Keough has since become the sole trustee of her mother's estate, reaching an agreement with her grandmother, Priscilla. Graceland holds a special place in the hearts of the Presley family, serving as the final resting place for Elvis, his parents, Lisa Marie, and Keough's late brother Benjamin.