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Elvis’ granddaughter fights Graceland foreclosure sale and alleges fraud

  • Actress and model Riley Keough accuses pending sale of Graceland in lawsuit, claiming it is "fraudulent", as reported by NBC News.
  • A $3.8m loan from Naussany Investments and Private Lending LLC in Missouri is the focus of the lawsuit, stemming from a 2018 deed of trust signed by Keough's late mother, Elvis's only child.
  • Keough opposes the sale of the Graceland estate, asserting her mother never signed anything, borrowed money, or had the loan notarized, with a court hearing scheduled on the matter.
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Elvis Presley's granddaughter, Riley Keough, is challenging the forced sale of Graceland. The estate in the American city of Memphis where Presley lived until his death in 1977 would be auctioned on Thursday. Daughter Lisa Marie Presley would not have repaid a 2018 loan. According to an investment company, Lisa Marie Presley would have taken out a loan of 3.8 million dollars (converted 3.5 million euros) in 2018 and used Graceland as collateral.…

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Local Memphis broke the news in on Monday, May 20, 2024.
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