Elvis Presley's iconic Graceland mansion in Memphis, Tennessee, was set to be auctioned off due to alleged fraudulent claims by Naussany Investments & Private Lending. However, following a court hearing on May 22, 2024, the sale has been halted. The company's claim that Elvis Presley's daughter Lisa Marie Presley had given them the deed to Graceland was disputed by her granddaughter Riley Keough and Priscilla Presley. The notary public listed on Naussany's documents also denied ever notarizing anything signed by Lisa Marie Presley.
The controversy began when Naussany Investments announced plans to auction off Graceland, claiming that Lisa Marie Presley had taken out a $3.8 million loan using the estate as collateral. However, Riley Keough and Priscilla Presley disputed this claim and accused Naussany of fraud.
The legal battle over Graceland's ownership intensified when Shelby County Chancellor JoeDae Jenkins issued an injunction halting the foreclosure sale due to the fraud allegations. The judge's ruling came after a hearing where Danielle Riley Keough, Lisa Marie Presley's daughter and current owner of Graceland, presented evidence supporting her claim that Naussany Investments had forged documents.
The notary public involved in the case, identified as Sandra Notary Public, denied ever notarizing anything signed by Lisa Marie Presley. In a statement to Reuters, she said: 'I did not meet Lisa Marie Presley or notarize her signature on any document.'
Despite the ongoing legal dispute, Graceland remains in the hands of Elvis Presley's family for now. The iconic mansion continues to attract visitors from around the world, offering a glimpse into the life of one of music's most legendary figures.