Elvis Presley’s granddaughter ‘traumatized’ over suspicious effort to auction Graceland out from under her feet

The future of Elvis Presley’s famous home remained in question as the King’s “traumatized” granddaughter found herself in yet another legal battle — days before a potential auction.

(Video: WREG)

As talk radio advertisements would attest, title fraud is a serious problem in a similar fashion to the growing number of squatters occupying properties across the country. Now, with only days remaining before an announced auction of the rock ‘n’ roll icon’s mansion turned tourist mecca, actress Danielle Riley Keough filed for injunctive relief and a temporary restraining order over the “fraudulent sale.”

According to public notice of a foreclosure sale, an entity called Naussany Investments and Private Lending LLC intended to auction the more than 13-acre estate in Memphis, Tennessee to the highest cash bidder Thursday.

However, the icon’s granddaughter, known professionally as Riley Keough, challenged the legitimacy of the sale and of Naussany itself.

The 61-page filing submitted May 15 refuted claims made by the LLC that the actress’s late mother had attempted to procure a $3.8 million loan using the deed of trust to Graceland as collateral.

“These documents are fraudulent,” the suit stated. “Lisa Marie Presley never borrowed money from Naussany Investments and never gave a deed of trust to Naussany Investments. Naussany Investments has now scheduled a non-judicial sale of Graceland based on the fraudulent deed of trust.”

After Lisa Marie Presley’s death in January 2023, Keough’s role as sole trustee was affirmed by a judge nearly a year after her mother’s death following a months-long legal dispute with her grandmother, Priscilla Presley, the New York Post reported.

The newspaper also detailed that a source had expressed the actress was “traumatized” by what was taking place and that she “never thought that a historic piece of property could even be considered to go into the hands of any random stranger.”

In support of the dispute of Naussany’s claims, the court documents included an affidavit signed by Kimberly Philbrick, the notary purported to have witnessed Presley signing the alleged loan documents.

“I have never met Lisa Marie Presley, nor have I ever notarized a document signed by Lisa Marie Presley. I do not know why my signature appears on this document,” asserted the notary.

An official statement from Graceland to WREG supported the claims of the suit and read, “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.”

Attempts from the outlet to reach Naussany were unsuccessful. The suit itself alleged, that the LLC “is not a real entity” and only been formed as a means to defraud the Promenade Trust which owns the property visited by over 600,000 people each year.

Kevin Haggerty

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