#Riley #Keough #blasts #Gracelands #fraudulent #sale #upcoming #foreclosure #auction
Riley Keough blasts Graceland’s ‘fraudulent’ sale amid upcoming foreclosure auction
Riley Keough is questioning the “fraudulent” sale of her grandfather Elvis Presley’s iconic Graceland home ahead of foreclosure auction.
A temporary injunction halting the sale of a property in Memphis, Tenn., was issued on Monday, just days before Thursday’s scheduled auction, according to court documents. obtained by local WREG outlet.
Earlier this month, it was revealed that the late king of rock and roll’s beloved mansion would be sold to the highest bidder after its previous owner, Lisa Marie Presley, allegedly defaulted on a $3.8 million loan taken out in 2018 before her death year.
According to the public foreclosure notice, Lisa allegedly signed a deed of trust with Naussany Investments and Private Lending, LLC and used Graceland as collateral.
However, the lawsuit filed on May 15 by Keough, 34, says her mother “never” took out a loan.
“Lisa Marie Presley never borrowed money from Naussany Investments and never transferred a deed of trust to Naussany Investments,” the lawsuit says. “These documents are fake”
Keough also claims that the lender “never recorded” the “purported deed of trust” with the Shelby County Recorder’s Office and that there are certain issues “that strongly indicate that the documents are fraudulent.”
The actress further claims that the notary named in the deed, Kimberly Philbrick, “never met Lisa Marie Presley or notarized any documents for her.”
An injunction hearing is scheduled for Wednesday.
Keough became Graceland’s sole trustee following Lisa’s death in January 2023 at the age of 54.
However, the “Daisy Jones and The Six” star had to fight to inherit her estate after her grandmother, Priscilla Presley, questioned the “authenticity and validity” of her daughter’s will.
They resolved the case in May 2023, with Keough reportedly agreeing to pay 78-year-old Priscilla over $1 million. She also agreed to pay $400,000 in legal fees.
Elvis, Lisa and her son Benjamin Keough are buried at Graceland.
The “Can’t Help Falling in Love” singer’s parents, Vernon and Gladys Presley, are also buried at the estate.
Apparently, after Priscilla’s death, she will also be buried next to Elvis – a request that was initially denied.