"Graceland Foreclosure Attempt Sparks Investigation and Mystery"

1 min read
Source: Fortune
"Graceland Foreclosure Attempt Sparks Investigation and Mystery"
Photo: Fortune
TL;DR

An attempt to foreclose on Elvis Presley's Graceland by a mysterious investment company, Naussany Investments and Private Lending, has been halted amid allegations of fraud. The company, which is not listed in state or FINRA records, claimed Graceland was collateral for a $3.8 million loan. Riley Keough, who inherited the estate, filed a lawsuit asserting the loan documents were fraudulent. The case has drawn scrutiny from legal experts and the Tennessee Attorney General, raising questions about the legitimacy of the lender and the prevalence of such schemes.

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