The granddaughter of Elvis Presley, the actress Riley Qhas filed a lawsuit aimed at blocking the impending sale of the late singer's historic Memphis home, Graceland, calling the process “fraudulent.”
In a case filed in Tennessee court last week, Keough alleged that the foreclosure was caused by false claims from a company called Naussany Investments — an entity that allegedly claimed her late mother, Lisa Marie Presleyborrowed $3.8 million and used the famous mansion as collateral.
The alleged loans are recorded in documents Naussany produced that bear Lisa Marie's signature, but Keough's lawyers say those records are “forged” and that she “did not actually sign the documents.”
“These documents are fraudulent,” Keough's attorneys wrote in their May 15 complaint, obtained by Advertising sign. “Lisa Marie Presley never borrowed money from Naussany Investments and never gave a deed of trust to Naussany Investments.”
The foreclosure sale for Graceland was scheduled for Thursday, but according to court records, Keough's lawyers won a temporary restraining order last week that blocks any sale until a judge can rule on the dispute. A court hearing is set for Wednesday on Keough's efforts to secure a longer-term injunction blocking the sale.
Naussany (Naussany Investments & Private Lending LLC) could not immediately be reached for comment. An attorney for Keough declined to comment. The news of the lawsuit was first reported on Monday from Memphis Commercial Appeal.
When Elvis died in 1977, his daughter Lisa Marie inherited his estate, including Graceland – a tourist mecca that brings in millions of dollars a year. Until her death last year, she served as a trustee of the Promenade Trust, an entity that controls the Memphis mansion. When he died, Keough assumed the same role and assumed control of the property.
According to the lawsuit, Naussany claims she made the multimillion-dollar loan to Lisa Marie in 2018 and recorded the transaction in Florida. But Keough's lawyers say Naussany is “a sham entity created for the purpose of defrauding the Promenade Trust,” orchestrated by a man named Kurt Naussany, who has sent “numerous emails seeking to collect an alleged debt of 3.8 million dollars”.
Keough's lawyers say the evidence “strongly indicates that the documents are forged” – notably, that the notary who allegedly signed off on the transaction confirmed that she did not. “Indeed, he confirmed that he has never met Lisa Marie Presley or endorsed any document for her.”
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