Elvis Presley's granddaughter disputes sale of Graceland

Elvis Presley's granddaughter disputes sale of Graceland

Danielle Riley Keough, granddaughter of Elvis Presley, is opposing the court-approved auction sale of Presley's famed mansion in Graceland, Tennessee. The 34-year-old American model and actress gained control of the estate and inherited much of the king of rock and roll's assets after the death of her mother, Lisa Marie Presley, in 2023.

Elvis Presley's legendary villa in Memphis risks being sold tomorrow May 23 in a judicial auction, as reported by the local television station Wreg-tv. Keough has now filed a lawsuit against the request for foreclosure of the estate and, claiming that the creditor used forged signatures and defining what is happening as a scam, has obtained a suspension order from the judge, albeit temporary.

In 2018, Lisa Marie Presley took out a deed of trust, securing a $3.8 million loan using Graceland as collateral, through Naussany Investments and Private Lending. However, the new lawsuit filed by Keough claims that not only did her mother never sign those documents, but that the loan notary did not authenticate them and that the creditor company does not exist.

“These documents are false,” Danielle Riley Keough's lawsuit states, via CNN: “Lisa Marie Presley never borrowed funds from Naussany Investments and never mortgaged the Graceland property. (Naussany Investments) appears to be a false entity created for the purpose of defrauding”.

Elvis Presley Enterprises, the entity that operates Graceland, then released the following statement: “Elvis Presley Enterprises can confirm that these claims are fraudulent. There is no foreclosure sale. Simply put, the countersuit (that) was brought is to stop a fraud.”

Naussany Investments has not responded to the lawsuit at this time and a hearing on Keough's request is scheduled for today, just one day before the scheduled auction.

“She's traumatized by what's happening,” said a New York Post source: “She would never have thought that a historic home could risk ending up in the hands of some random stranger.”