Actress Riley Keough is taking the combat to save lots of Graceland — the enduring Memphis house of her grandfather Elvis Presley — to courtroom this week after what she claims is a fraudulent try to make use of her late mom’s cast signature to go the property over to settle a multi-million greenback debt.
Keough, the trustee of the Promenade Belief, filed a lawsuit on Could 15 in Shelby County Chancery Court docket and is now looking for to dam an entity named Naussany Investments & Personal Lending LLC from taking income from the sale of Graceland, a longtime Memphis tourism vacation spot and place of pilgrimage for Presley and his followers worldwide. Within the grievance, Keough’s lawyer means that the entity trying to have Graceland offered off cast Lisa Marie Presley’s signature on the doc that allowed the famed property to be held as collateral for a $3.8 million mortgage.
“These paperwork are fraudulent,” Keough’s lawyer wrote in a lawsuit, according to the Associated Press. “Lisa Maria Presley by no means borrowed cash from Naussany Investments and by no means gave a deed of belief to Naussany Investments.”
Priscilla Presley, the ex-wife to Elvis and Keough’s grandmother, additionally posted a photograph of Graceland to her Instagram account on Monday with the graphic stating, “It’s a rip-off” floated on high.
Graceland.
Justin Ford/Getty Photos
This month, a public discover for a foreclosures sale indicated that Promenade Belief owes $3.8 million, debt that it alleged got here after failure to repay a mortgage. That is alleged to have been taken out in 2018 by Keough’s late mom; in line with Naussany Investments & Personal Lending LLC, Lisa Marie Presley gave them a deed of belief with Graceland as collateral. Now, her daughter owns the belief outright, as she inherited it and possession of the house after her mom’s demise in 2023. The Mad Max: Fury Street actor’s brother, Benjamin Keough, died in 2020.
This week, Keough was granted a brief restraining order towards Naussany Investments & Personal Lending LLC, or anybody appearing with it from conducting any non-judicial property sale. On Wednesday, she’s going to face Kurt Naussany, the person behind Naussany Investments & Personal Lending LLC in courtroom because the destiny of Graceland could also be determined — as will the veracity of claims the defendant’s enterprise is bogus.
“On info and perception, Naussany Investments & Personal Lending LLC shouldn’t be an actual entity,” Keough’s grievance states. “Naussany Investments & Personal Lending LLC seems to be a false entity created for the aim of defrauding the Promenade Belief (the belief of Keough and previously of Lisa Marie Presley), the heirs of Lisa Marie Presley, or any purchaser of Graceland at a non-judicial sale.”
Elvis Presley Enterprises Inc. mentioned in an announcement Monday that the fraud declare holds water.
“Elvis Presley Enterprises can affirm that these claims are fraudulent. There isn’t a foreclosures sale. Merely put, the counter lawsuit that has been filed is to cease the fraud,” the company entity that runs Graceland mentioned in an announcement.
5 years after Elvis Presley died in 1977, Graceland opened as a museum and vacationer attraction in 1982 as a tribute to the singer and actor, drawing guests within the tons of of 1000’s yearly,.
