Wednesday, May 22, 2024

Elvis Presley' kin sues to block sale of Graceland house


Lawyers for actress Riley Keoughthe granddaughter of Elvis Presleyhave sued to stop what they say is a fraudulent scheme to sell Gracelandthe family’s cherished former home in Memphis, Tennessee.
Court papers that Keough’s lawyers filed this month claim that a company planning to auction off Graceland is fraudulently claiming that her mother – Elvis’ daughter, Lisa Marie Presley, who died in 2023 – had borrowed money and put Graceland up as collateral.The papers say that the company, Naussany Investments & Private Lending LLC, “appears to be a false entity” and that the documents it presented about the loan were also fake. “There is no foreclosure sale,” Elvis Presley Enterprises, which operates Graceland, said.