Elvis Presley's Graceland: A Legal Battle Over Ownership and Alleged Forgery of Lisa Marie Presley's Loan Documents

Memphis, Tennessee United States of America
Elvis Presley Enterprises has denied the claims of a foreclosure sale and called it fraudulent.
Elvis Presley's Graceland is at the center of a legal dispute between Riley Keough and Naussany Investments & Private Lending LLC over a claimed $3.8 million loan.
Graceland is historically significant and serves as a major source of income for Elvis Presley Enterprises and the family trust. The outcome of this legal battle could have significant implications for Elvis Presley's legacy.
Naussany Investments & Private Lending LLC's notary, Kimberly Philbrick, has indicated she did not meet Lisa Marie Presley nor notarize any documents for her.
Riley Keough and her legal team have filed a lawsuit against Naussany Investments & Private Lending LLC for alleged fraud, claiming the documents regarding the loan are fake or forged.
Elvis Presley's Graceland: A Legal Battle Over Ownership and Alleged Forgery of Lisa Marie Presley's Loan Documents

Elvis Presley's Graceland: A Legal Battle Over Ownership and Alleged Fraud

Graceland, the iconic home of Elvis Presley in Memphis, Tennessee, has been at the center of a legal dispute between Riley Keough, Elvis' granddaughter and actress, and Naussany Investments & Private Lending LLC. The company had planned to auction off Graceland due to a claimed $3.8 million loan that Lisa Marie Presley, Elvis' daughter who passed away in 2023, allegedly failed to repay.

However, Riley Keough and her legal team have filed a lawsuit against Naussany Investments & Private Lending LLC for alleged fraud. They claim that the documents presented by the company regarding the loan and deed of trust encumbering Graceland as security are fake or forged.

The notary listed on Naussany's documents, Kimberly Philbrick, has also indicated that she did not meet Lisa Marie Presley nor notarize any documents for her. The lawsuit further alleges that Naussany Investments & Private Lending LLC could be a 'false entity'.

Elvis Presley Enterprises, which manages the Presley estate and operates Graceland as a tourist attraction, has also denied the claims of a foreclosure sale and called it fraudulent.

Graceland is not only historically significant but also serves as a major source of income for Elvis Presley Enterprises and the family trust. The legal tensions arise after Priscilla Presley contested Lisa Marie's will following her death, questioning its authenticity and validity.

The case is ongoing, with the temporary restraining order issued by Shelby County Chancellor JoeDae Jenkins blocking the auction of Graceland. The outcome of this legal battle could have significant implications for Elvis Presley's legacy and his family.



Confidence

80%

Doubts
  • It is unclear if Kimberly Philbrick's statement regarding notarizing documents for Lisa Marie Presley is accurate or reliable.
  • The lawsuit does not provide evidence that the loan documents were actually presented to Lisa Marie Presley for signing.

Sources

100%

  • Unique Points
    • JoeDae Jenkins issued a temporary injunction against the proposed auction due to a previous restraining order filed by Riley Keough.
    • Riley Keough claimed Naussany Investments presented fraudulent documents for a 2018 loan using Graceland as collateral.
    • Keough alleged that Lisa Marie Presley never borrowed money from Naussany Investments or gave them a deed of trust.
    • Kimberly Philbrick, the notary listed on Naussany’s documents, indicated she never met Lisa Marie Presley or notarized any documents for her.
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (0%)
    None Found At Time Of Publication

96%

  • Unique Points
    • Riley Keough's lawyers claim that Naussany Investments & Private Lending LLC is fraudulently planning to auction off Graceland.
    • Naussany Investments & Private Lending LLC is accused of presenting fake documents about a loan and a deed of trust encumbering Graceland as security.
    • Lisa Marie Presley, Elvis Presley’s daughter who died in 2023, is alleged to have borrowed $3.8 million from Naussany Investments & Private Lending LLC and given them a deed of trust encumbering Graceland as security according to court papers.
    • Graceland is a major source of income for Elvis Presley Enterprises and the family trust.
  • Accuracy
    • Keough alleged that Lisa Marie Presley never borrowed money from Naussany Investments or gave them a deed of trust.
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication

100%

  • Unique Points
    • Riley Keough denies her mother had any involvement with Naussany Investments and calls the documents 'fraudulent' and possibly forged.
    • Florida notary Kimberly L. Philbrick claims she did not notarize the documents.
    • Elvis Presley Enterprises also calls the claims fraudulent and denies there is a foreclosure sale.
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication

98%

  • Unique Points
    • Elvis Presley’s granddaughter, Riley Keough, filed a lawsuit to prevent the sale of Graceland estate.
    • The lawsuit alleges that the sale is fraudulent and was initiated due to a $3.8 million loan that was not repaid by Lisa Marie Presley.
  • Accuracy
    • Riley Keough claimed Naussany Investments presented fraudulent documents for a 2018 loan using Graceland as collateral.
    • Keough alleged that Lisa Marie Presley never borrowed money from Naussany Investments or gave them a deed of trust.
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication

99%

  • Unique Points
    • Riley Keough, Elvis Presley’s granddaughter, sued to stop the foreclosure sale of Graceland after alleging that Naussany Investments forged documents.
    • Naussany Investments & Private Lending LLC advertised a foreclosure sale of Graceland claiming the trust controlling the property owed them collateral after Lisa Marie Presley failed to repay a 2018 loan worth $3.8 million.
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (95%)
    The author does not commit any formal or informal fallacies in the article. However, there are some instances of inflammatory rhetoric used by the parties involved in the lawsuit. The author accurately reports these statements without endorsing them. The score is reduced due to these instances.
    • The lawsuit argues that Naussany Investments 'is not a real entity' at all.
    • Keough was not present on Wednesday, and her lawyers declined to comment on ongoing litigation.
    • EPE told NPR via email that 'there is no foreclosure.'
    • Priscilla Presley shared a picture of the front of the Graceland mansion, covered by animated red text reading: 'It’s a scam!']
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication