Investigation launched into failed attempt to foreclose on Graceland

Tennessee Attorney General Jonathan Skrmetti is investigating an attempt to foreclose on Elvis Presley's former home, Graceland mansion in Memphis. The company claimed a $3.8 million loan was taken out with the property used as collateral by Lisa Marie Presley, who passed away last year. Her daughter, Riley Keough, says the loan is fake and her mother never borrowed money. The Attorney General wants to protect Elvis Presley's heirs and others facing similar threats. Graceland is a famous landmark in Tennessee since 1982, attracting many tourists. The legal battle is led by Riley Keough, who filed a lawsuit against Naussany Investments and Private Lending, accusing them of fraud. A judge stopped the foreclosure auction of Graceland, considering it a unique property under Tennessee law. The legal dispute revolves around a 2018 deed signed by Lisa Marie Presley, which is now questioned for its validity. Graceland officials deny the claims of foreclosure and state that the lawsuit aims to stop the fraud. The situation at Graceland involves a disputed loan, alleged fraudulent documents, and a legal battle to protect the iconic property. The Attorney General's investigation seeks to uncover any misconduct and safeguard the interests of Elvis Presley's heirs and others facing similar threats.