CNN —Tennessee Attorney General Jonathan Skrmetti is looking into the attempted foreclosure auction of Elvis Presley’s iconic Memphis home, known as Graceland, by an alleged private investment company.
On Wednesday, Naussany Investments and Private Lending LLC dropped its foreclosure efforts against Graceland.
Danielle Riley Keough, Presley’s granddaughter and heir, filed a lawsuit earlier this month to halt the foreclosure sale claiming Naussany Investment’s paperwork was bogus and an attempt to defraud the family.
Naussany Investments produced paperwork that Lisa Marie Presley defaulted on a $3.8 million loan, prior to her 2023 passing, and used Graceland as collateral, according to court documents.
Even the notary public whose name appeared on the disputed document, told the court in an affidavit that they had never notarized Lisa Marie Presley’s signature.
Persons:
Jonathan Skrmetti, Elvis Presley’s, Danielle Riley Keough, Presley’s, ”, Lisa Marie Presley, “ Lisa Marie Presley, Lisa Marie Presley’s, Presley, Elvis, Alicia Owens
Organizations:
CNN, Tennessee, Naussany Investments, State of, Graceland, Tennessee Department, Financial, Investments, Private, Department
Locations:
Memphis, Graceland, Shelby County , Tennessee, State, State of Tennessee, Tennessee, Kimberling City , Missouri