Elvis' granddaughter fights Graceland foreclosure sale, alleges fraud

Lisa Marie Presley was the sole heir to Graceland and her father's estate when he died in 1977.Elvis Presley's granddaughter is suing to stop a foreclosure sale of the late singer's historic Memphis home, Graceland.Elvis Presley's granddaughter is suing to stop a foreclosure sale of the late singer's historic Memphis home, Graceland, scheduled this week, alleging fraud and saying the purported company behind the sale doesn't exist and has no rights to the property.

Lisa Marie Presley, Elvis' daughter and Keough's mother, died in January 2023. Lisa Marie Presley was the sole heir to Graceland and her father's estate when he died in 1977, and its overall worth has now reportedly reached into the hundreds of millions of dollars. The lawsuit alleges Naussany Investments & Private Lending LLC "appears to be a false entity created for the purpose of defrauding."

"Naussany Investments has now scheduled a non-judicial sale of Graceland based on the fraudulent deed of trust," the lawsuit reads. "The sale is scheduled for May 23, 2024. This is an action to enjoin the non-judicial sale."

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Elvis Presley's granddaughter fights company's attempt to sell Graceland estateThe granddaughter of Elvis Presley is fighting plans to publicly auction his Graceland estate in Memphis after a company attempted to sell the property based on claims that a loan using it as collateral was not repaid. Court documents show a public auction for the estate had been scheduled for this Thursday.
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