Priscilla Presley and Riley Keough together after conflict over Lisa Marie's inheritance

MIAMI.- Riley Keough, granddaughter of Elvis Presleypresented documentation to prevent a foreclosure auction that would take place on May 23 and whose purpose is the sale of Graceland, the historic mansion of the King of Rock and Roll that was inherited by his mother, Lisa Marie Presley.

The property, which is listed as a historical monument and is the second most visited building in the country, faces an uncertain future, after the company Naussany Investments & Private Lending LLC stated that Lisa Marie requested a loan of 3.8 million dollars, in which the masonry was as collateral.

A tax return dating from 2022 confirms that Elvis’s only daughter had a debt of more than three million, but does not indicate who she owes it to or the reasons for it.

Now, according to the company, the loan was made at least six years ago and since the money was never paid, they have the right to foreclosure, he said. TMZ.

Alleged scam

However, actress and producer Riley Keough asserts that the documentation presented by Naussany Investments & Private Lending LLC is fraudulent and her mother’s signature was forged.

Keough filed suit against the company in Shelby County Chancery Court and asserted that her mother never applied for such a loan. Likewise, he pointed out that the notary Kimberly Philbrick, whose name appears in the documents and who allegedly authorized said records, denied having been part of the negotiation and knowing Elvis’s daughter.

“I have never met Lisa Marie Presley, nor have I ever notarized a document signed by Lisa Marie Presley,” he said in an affidavit.

The 34-year-old asserted in the 60-page lawsuit that the entity claiming Graceland may not be real and that they have no right to auction off the property.

“The alleged payment and the trust deed are products of fraud and it is believed that those people who participated in the creation of said documents are guilty of a crime of forgery,” the actress said in the lawsuit.

As the sole beneficiary of the family estate, Riley also pointed out that the intention of this alleged company is to defraud the Promenade Trust, the fund that manages the Presley fortune, as well as his heirs or: “any buyer of Graceland in a non-judicial sale.” .

The plaintiff reiterated that the sale is a violation of the laws of the state of Tennessee.

Patrimony

Given the controversy, the company that manages the estate, Elvis Presley Enterprises, also issued a statement confirming that the loan never existed.

“Elvis Presley Enterprises can confirm that these claims are fraudulent. There is no foreclosure sale. Simply put, the countersuit that has been filed is to stop the fraud,” the filings say.

So far, the court issued an order preventing the sale of Graceland and scheduled a visit to the property for May 22.

For her part, Priscilla Presley, mother of Lisa Marie, stated in a publication on X that it is a scam.

Tarun Kumar

I'm Tarun Kumar, and I'm passionate about writing engaging content for businesses. I specialize in topics like news, showbiz, technology, travel, food and more.

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