MEMPHIS, Tenn. — Tennessee Attorney General Jonathan Skrmetti said Thursday that his office is investigating an investment company’s attempt to foreclose on Graceland. A Shelby County judge issued an injunction Wednesday, May 22, to postpone a proposed foreclosure sale of Elvis Presley’s Memphis mansion.
An LLC called Naussany Investments and Private Lending claimed Lisa Marie Presley, who died in January 2023, borrowed $3.8 million from its company using the deed to Graceland as collateral. The company placed a lien on the property and wanted to hold a foreclosure sale on for Thursday, May 23, 2024.
In a countersuit filed May 15, 2024 , Riley Keough, Lisa Marie Presley’s daughter, claimed the documents alleging the debt are fraudulent . Keough is the trustee for Promenade Trust, according to her filing, which currently owns Graceland. Keough’s complaint alleged her mother never borrowed money from Naussany Investments, and also claimed that the company is not “a real entity.
” The judge Wednesday said there was question regarding the authenticity of Presley's signature on the deed of trust, allegedly signed in 2018, since the notary swore they did not actually notarize the signature. After the injunction, Gregory Naussany, claiming to represent the firm, sent ABC24 a statement saying the company would withdraw the claims and there was “no harm meant” to Keough. The company is being investigated by the A.
G.’s consumer team, and Skrmetti said the TBI and Mem.
