Elvis’ granddaughter Riley Keough calls Graceland foreclosure attempt ‘fraudulent’

Riley Keough, granddaughter and heir of Elvis Presley, is fighting to keep his legendary Memphis compound out of foreclosure.

The “Daisy and the Six’ star has challenged the auction of Graceland in a legal battle with Missouri private investment firm, Naussany Investments & Private Lending LLC. According to a May 5 public notice, the massive estate — now a popular tourist destination — is up for foreclosure and is scheduled to go up for public sale on May 23.

In court documents, Keough is challenging a $3.8 million loan that her mother, Lisa Marie Presley, allegedly took out in 2018. The deal purportedly offered the deed to Graceland as collateral.

Attorneys for Keough, 34, made a request last week for a temporary restraining order against the sale, claiming Lisa Marie Presley never took out such a loan and that the documents presented by the company are fraudulent.

“The purported note and deed of trust are products of fraud and those individuals who were involved in the creation of such documents are believed to be guilty of the crime of forgery,” the 61-page suit alleges.

Other legal claims include that the creditor doesn’t exist and the loan was never signed by a public notary.

“While the documents bear signatures that look like the signatures of Lisa Marie Presley, Lisa Marie Presley did not in fact sign the documents,” Keough’s attorneys wrote in the lawsuit, which was filed in Shelby County Chancery Court on May 15.

Kurt Naussany, cited as a defendant, told NBC News that he left Naussany Investments in 2015 and should not be named in the suit.

“Elvis Presley Enterprises can confirm that these claims are fraudulent. There is no foreclosure sale. Simply put, the counter lawsuit has been filed to stop the fraud,” Elvis Presley Enterprises, which manages Graceland and assets of the Elvis Presley Trust, said in a statement.

Priscilla Presley, Keough’s grandmother, posted a photo of Graceland on social media declaring “it’s a scam” in big bold red letters on Monday.

Lisa Marie Presley, Elvis Presley’s sole heir, died in 2023 at the age of 54. Her father purchased Graceland — located at 3734 Elvis Presley Blvd.— in 1957 for $102,500 and lived there until he died in 1977.

The 13.8-acre property, which reportedly attracts over 600,000 visitors a year, is also the family’s final resting place.

Shelby County Chancery Court is scheduled to hold a hearing Wednesday on the injunction, according to NPR.

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