Mysterious Company Causes Stir by Trying to Auction Elvis Presley's Graceland Property
- A mysterious company attempted to auction Elvis Presley's Graceland property in a foreclosure sale.
- The failed Graceland sale has highlighted the concerning issue of attempts to take assets of older or dead people.
- The public was shocked by the news of someone trying to profit off Elvis Presley's iconic property.
Riley Keough, an actor and Elvis Presley's granddaughter, got the house after her mom, Lisa Marie Presley, passed away in 2023. Naussany claimed Lisa used Graceland as loan security, but Keough's lawyer said Lisa never borrowed from Naussany. A notary named Philbrick stated she never met Lisa or signed any papers for her. The lender foreclosed despite no payments for years after the loan. The business isn't in state records in Missouri or Florida. The lender, Naussany, didn't show up in court and tried to stop the lawsuit but later dropped the claim. They said the case needed to be filed in another state. The Tennessee Attorney General is investigating if fraud targeted the estate. A professor mentioned that fake claims about property disputes happen more than people realize, especially with inheritances. The intent behind the scheme and who was involved are still unclear. In summary, Riley Keough inherited the house, but there were issues with a loan claim by Naussany. The lender's actions raised questions, leading to legal investigations into possible fraud targeting the estate. The situation highlights the risks of property disputes and the importance of verifying legal documents to prevent fraudulent schemes.