Elvis Presley’s granddaughter has filed a lawsuit against the investment firm foreclosing on the singer’s historic Graceland home in Memphis, Tennessee. She is alleging fraud and insists that the company has no legal right to the property.
The company claims that Keough’s mother, Lisa Marie Presley, had borrowed $3.8 million from them and gave them a deed of trust against the loan. Lisa Marie subsequently died in January 2023.“These documents are fraudulent,” Keough alleges in her lawsuit. “Lisa Marie Presley never borrowed money from Naussany Investments and never gave a deed of trust to Naussany Investments.”
Keough’s lawsuit further claims that Naussany Investments “appears to be a false entity created for the purpose of defrauding.” Naussany Investments attempted to claim ownership of Graceland and announced that it would sell the property on May 23. Keough, though was able to get an injunction to stop that action.