Riley Keough, the granddaughter of Elvis Presley, is battling valiantly to keep Graceland from going up for foreclosure auction, arguing that the decision was made using forged documents.
Riley, who received Graceland as a legacy from her late mother Lisa Marie Presley, filed legal documents to halt the upcoming two-day foreclosure auction of the iconic Memphis property.
According to the notice of sale, Lisa Marie signed documents to borrow $3.8 million from Naussany Investments and Private Lending, and it appears that she used Graceland as collateral. This is the basis for the foreclosure.
The firm is attempting to sell Graceland at auction because it believes Lisa Marie defaulted on the debt prior to her passing away last year.
Riley, however, calls BS in the complaint against Naussany filed in Shelby County Chancery Court, claiming her mother never took out a loan from them.
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The notary even acknowledged that she had never met Lisa Marie or certified any documents on her behalf, according to RK, who is also asserting in the documents that the signatures on the deed are fake.
Riley’s grandmother and Elvis Presley’s ex-wife, Priscilla Presley, also voiced her opinion, posting on her X account, “It’s a scam!”
After her father passed away in 1977, Lisa Marie inherited Graceland. Riley was given custody of the estate after Lisa Marie passed away in January 2023, following some back and forth with Priscilla.
Although there will be a hearing on the case on Wednesday, Graceland, a National Historic Landmark, will be up for auction on Thursday. And that’s really crazy!
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