The property’s heir, Keough, contends the Presley signatures were faked for the transaction.
Riley Keough, the granddaughter of Elvis Presley, is fighting a planned foreclosure sale of Graceland, the famous Memphis estate.
Keough said a $3.8 million loan used to support the sale is a total fiction. She acquired the house after her mother Lisa Marie Presley passed away in 2023.
In a complaint brought this week, Keough said the foreclosure attempt’s sponsor, Naussany Investments & Private Lending LLC, had submitted paperwork that was “fraudulent and unenforceable.”
The lawsuit further said that Presley never even met the notary named as a witness and that his signatures on the loan documents and deed of trust were forgeries.
Keough is requesting a restraining order to stop the sale and charges Naussany Investments with maybe being a “false entity” established just to mislead the Presley estate.
Keough has also received backing from Elvis’ ex-wife Priscilla Presley, who on social media referred to the circumstances as a “scam.”
The company in charge of Graceland, Elvis Presley Enterprises, issued a statement endorsing Keough’s assertions. This Wednesday is supposed to see the situation develop further in court.