Elvis Presley's Graceland Saved from Foreclosure: Daughter Riley Keough Accuses Lender of Fraud

Memphis, Tennessee United States of America
An affidavit from the notary identified in the transaction raised questions about the authenticity of Lisa Marie Presley's signature on the deed of trust.
Elvis Presley's Graceland was saved from foreclosure after a lawsuit was filed against Naussany Investments and Private Lending over alleged fraud.
Lisa Marie Presley allegedly defaulted on a $3.8 million loan and put Graceland up as collateral, but Riley Keough claimed her mother never borrowed money from Naussany Investments.
Riley Keough, Elvis Presley's granddaughter, accused the lending company of forging documents to support the foreclosure.
Tennessee Attorney General Jonathan Skrmetti announced his office was looking into the matter and a temporary restraining order was granted, leading Naussany Investments to withdraw its claims to the property.
Elvis Presley's Graceland Saved from Foreclosure: Daughter Riley Keough Accuses Lender of Fraud

Elvis Presley's Graceland Faces Foreclosure: A Battle Against Alleged Fraud

Elvis Presley's iconic home, Graceland, was saved from foreclosure after a lawsuit was filed against the lending company Naussany Investments and Private Lending over alleged fraudulent schemes.

Background Information: Graceland, located in Memphis, Tennessee, has been a popular tourist destination since Elvis Presley's death in 1977. The estate was transformed into a museum in 1982. In May 2024, news broke that the property was facing foreclosure due to an alleged $3.8 million loan default by Lisa Marie Presley.

Riley Keough's Lawsuit: Elvis Presley's granddaughter, Riley Keough, filed a lawsuit against Naussany Investments and Private Lending in May 2024. She argued that her mother never worked with the lending company and that the documents used to support the foreclosure were fraudulent.

The Alleged Fraud: According to court documents, Lisa Marie Presley allegedly defaulted on a $3.8 million loan and put Graceland up as collateral. However, Riley Keough's lawsuit claimed that her mother never borrowed money from Naussany Investments and Private Lending and that the documents were forged.

The Notary Issue: Further complicating matters was an affidavit from the notary identified in the transaction, who denied notarizing Lisa Marie Presley's signature on the deed of trust. This raised questions about its authenticity and added to suspicions of fraud.

The Attorney General's Involvement: Tennessee Attorney General Jonathan Skrmetti announced that his office was looking into the matter, stating that there was no home in Tennessee more beloved than Graceland and expressing concern for Elvis Presley's heirs and anyone else who might be similarly threatened.

The Outcome: After a temporary restraining order was granted, Naussany Investments withdrew its claims to the property. Graceland will continue to operate as it has for the past 42 years, ensuring that Elvis fans from around the world can visit his iconic home.

Conclusion: The attempted foreclosure of Elvis Presley's Graceland was a contentious issue that raised concerns about fraudulent schemes and questionable business practices. Thanks to Riley Keough's quick action and the Tennessee Attorney General's involvement, the beloved estate was saved from foreclosure.


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Confidence

90%

Doubts
  • It is not clear how Riley Keough obtained information about her mother's dealings with Naussany Investments and Private Lending.
  • The court documents mention a loan default, but it is unclear if this is the only reason for the foreclosure.

Sources

99%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Attorney General looking into attempted foreclosure of Elvis Presley’s Graceland home

CNN News Site: In-Depth Reporting and Analysis with Some Financial Conflicts and Sensational Language Isabel Rosales, Thursday, 23 May 2024 23:46
  • Unique Points
    • Naussany Investments and Private Lending LLC is not a licensed mortgage lender in Tennessee and is not regulated by the Department of Financial Institutions.
    • Danielle Riley Keough filed a lawsuit to halt the foreclosure sale claiming Naussany Investment's paperwork was bogus and an attempt to defraud the family.
    • The notary identified in the transaction has sworn they did not notarize Lisa Marie Presley’s signature on the deed of trust, raising questions about its authenticity.
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (95%)
    The article reports on the attempted foreclosure of Elvis Presley's Graceland home by Naussany Investments and Private Lending LLC. The authors provide evidence that the paperwork used to justify the foreclosure was potentially fraudulent, as it allegedly contained forged signatures and false claims about a loan default. The authors also report that the lender, Naussany Investments, is not licensed in Tennessee and could not be located by CNN. No other fallacies were found.
    • ][The documents are fraudulent][/], [
  • 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%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Tennessee Attorney General to Review Company’s Bid to Sell Graceland

The New York Times Matt Stevens Thursday, 23 May 2024 23:18
  • Unique Points
    • Riley Keough sued to stop the proposed sale, accusing the company of fraud.
    • Lawyers for Riley Keough have argued that Naussany Investments appears to be a ‘false entity’ and presented an affidavit from a notary public who denied signing key documents the company has used as evidence to claim they are entitled to sell the home.
    • Naussany Investments claimed that Lisa Marie Presley borrowed $3.8 million and put Graceland up as collateral before her death in 2023. However, Riley Keough’s suit stated that her mother never borrowed money from the company and that the documents presented as evidence were fraudulent.
    • No one showed up in person to represent Naussany Investments at Wednesday’s hearing, and additional evidence was required from Riley Keough’s lawyers.
  • Accuracy
    • Riley Keough's lawsuit stated that her mother never borrowed money from the company and that the documents presented as evidence were fraudulent.
    • Naussany Investments claimed Lisa Marie Presley defaulted on a $3.8 million loan using Graceland as collateral, but Keough’s lawsuit alleges the documents were forged.
  • 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%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Elvis Presley's Graceland saved from foreclosure, lawsuit dropped after Riley Keough sues over fraud

PageSix News Sara Whitman Thursday, 23 May 2024 22:50
  • Unique Points
    • Elvis Presley’s granddaughter Riley Keough sued lending company Naussany Investments and Private Lending over its attempt to foreclose Graceland under an alleged fraudulent scheme.
    • Graceland will continue to operate as it has for the past 42 years, ensuring that Elvis fans from around the world can continue to have a best in class experience when visiting his iconic home.
    • Riley Keough obtained a temporary restraining order pausing the sale of the property after arguing that her mom never worked with Naussany Investments and Private Lending, the documents were fraudulent, not recorded in Shelby County Register’s Office, and not notarized by Kimberly Philbrick.
    • Graceland was transformed into a museum in 1982, five years after Elvis Presley’s unexpected death.
  • 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