US EditionFailed Graceland sale by a mystery entity highlights attempts to take assets of older or dead people
- Naussany Investments and Private Lending initiated a foreclosure sale notice for the 13-acre Graceland estate due to an unpaid $3.8 million loan by Promenade Trust.
- Riley Keough, Elvis Presley’s granddaughter, inherited ownership of the Graceland home following her mother Lisa Marie Presley's death.
- Keough filed a lawsuit against Naussany alleging fraudulent loan documents and requested a Memphis judge to halt the estate sale.
22 Articles
22 Articles
Failed Graceland sale by a mystery entity highlights attempts to take assets of older or dead people
MEMPHIS, Tenn. (AP) — The catalyst behind the failed gambit to sell off the iconic Graceland property in Memphis is a mystery. The self-styled investment company also is under fire from a lawsuit alleging fraud, an aggressive attorney general and a community of Elvis Presley loyalists who consider the home-turned-museum of the the king of rock n’ roll to be sacred ground. Among the many questions surrounding the attempt to auction Graceland is h…
Failed Graceland sale by a mystery entity highlights attempts to take assets of older or dead people
By ADRIAN SAINZ and JONATHAN MATTISE Associated Press MEMPHIS, Tenn. (AP) — A mysterious company has caused a stir for trying to auction Elvis Presley’s Graceland property in a foreclosure sale. A judge blocked the sale last week after Presley’s granddaughter filed a lawsuit alleging fraud. Many questions remain, including how often there are cases involving an entity claiming assets of older or dead people. Experts say it’s more common than one…
Associated Press News
Failed Graceland sale by a mystery entity highlights attempts to take assets of older or dead people
A mysterious company has caused a stir for trying to auction Elvis Presley's Graceland property in a foreclosure sale. A judge blocked the sale last week after Presley's granddaughter filed
Riley Keough, Elvis Presley's 34-year-old granddaughter, has won her battle. The public sale of Elvis Presley's estate, Graceland, has been cancelled. For now, anyway.
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