The future of Elvis Presley's famous home remained in doubt as the king's “traumatized” granddaughter found herself in yet another legal battle, days before a potential auction.
(Video: WREG)
As the radio ads attest, title fraud is a serious problem similar to the growing number of squatters occupying properties across the country. Now, just days away from an announced auction of the rock 'n' roll icon's mansion becoming a tourist mecca, actress Danielle Riley Keough has filed for an injunction and temporary restraining order to the “fraudulent sale”.
According to the public notice of a foreclosure sale, an entity called Naussany Investments and Private Lending LLC intended to auction the 13-plus-acre estate in Memphis, Tenn., to the highest cash bidder on Thursday.
However, the icon's granddaughter, known professionally as Riley Keough, challenged the legitimacy of the sale and of Naussany herself.
The 61-page filing filed May 15 refuted the LLC's claims that the actress' late mother had tried to obtain a $3.8 million loan using the deed of trust at Graceland as collateral.
“These documents are fraudulent,” the suit stated. “Lisa Marie Presley never borrowed money from Naussany Investments and never gave a deed of trust to Naussany Investments. Naussany Investments has now scheduled a non-judicial sale of Graceland based on the fraudulent deed of trust.”
Following Lisa Marie Presley's death in January 2023, Keough's role as sole trustee was affirmed by a judge nearly a year after her mother's death following a months-long legal dispute with her grandmother , Priscilla Presley, the New York Post reported.
The newspaper also detailed that a source had expressed that the actress was “traumatized” by what was happening and that she “never thought that a historic property could even be considered passing into the hands of a stranger in the random”.
In support of disputing Naussany's claims, the court documents included an affidavit signed by Kimberly Philbrick, the notary purported to have witnessed Presley signing the alleged loan documents.
“I have never met Lisa Marie Presley, nor have I ever notarized a document signed by Lisa Marie Presley. I don't know why my signature appears on this document,” said the notary.
An official statement from Graceland to WREG supported the lawsuit's claims and read, “Elvis Presley Enterprises can confirm that these claims are fraudulent. There is no foreclosure sale. Simply put, the counterclaim has filed to stop the fraud.”
Attempts since departure to reach Naussany were unsuccessful. The lawsuit itself alleged that the LLC “is not a real entity” and was only formed as a means to defraud the Promenade Trust, which owns the property that more than 600,000 people visit each year.
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