Lawyers for the actress Riley Keough, the granddaughter of Elvis Presley, have sued to stop what they say is a fraudulent scheme to sell Graceland, the family’s cherished former home in Memphis.
Court papers that Ms. Keough’s lawyers filed this month claim that a company planning to auction off Graceland is fraudulently claiming that her mother — Elvis’s daughter, Lisa Marie Presley, who died in 2023 — had borrowed money and put Graceland up as collateral.
The papers say that the company, Naussany Investments & Private Lending LLC, “appears to be a false entity” and that the documents it presented about the loan were also fake.
“There is no foreclosure sale,” Elvis Presley Enterprises, which operates Graceland, said in a statement, in which it also said that the lawsuit had been filed to “stop the fraud.”Graceland, a popular tourist attraction, is a major source of income for Elvis Presley Enterprises and the family trust.
Persons:
Riley Keough, Elvis Presley, —, Lisa Marie Presley, “
Organizations:
Graceland, Naussany Investments, Lending, Elvis Presley Enterprises
Locations:
Memphis, Graceland