![Graceland Elvis Presley]()
Want to own one of the most historic homes in the United States? Well you may have your chance.
Elvis Presley's Memphis home, Graceland, is set to go up for auction this Thursday amid a foreclosure issued by a company called Naussany Investments and Private Lending. But the legendary singer's family says it's all a scam.
According to the notice issued by Naussany, Presley's daughter Lisa Marie Presley received a $3.8 million loan back in 2018 using Graceland as collateral. And after Lisa Marie passed away last year without repaying the loan, the company moved to foreclose on the historic home that now serves as a museum and tourist destination for Elvis fans.
But Elvis' granddaughter claims that the company is full of shit.
Riley Keough, who is the daughter of Lisa Marie and the sole heir to Graceland when her mother passed away, filed a lawsuit against the company to stop the foreclosure and says that the documents they presented are fraudulent - and that Naussany isn't even a real company:
"These documents are forgeries. While the documents bear signatures that look like the signatures of Lisa Marie Presley, Lisa Marie Presley did not in fact sign the documents."
The notary whose signature appeared on the loan documents also confirmed that she did not notarize the documents, nor did she ever meet or notarize a document for Lisa Marie Presley.
A statement issued by Elvis Presley Enterprises blasted the purported foreclosure as a scam, and says that there will be no foreclosure sale:
"Elvis Presley Enterprises can confirm that these claims are fraudulent. There is no foreclosure sale. Simply put, the counter lawsuit has been filed is to stop the fraud."
And Priscilla Presley, the widow of Elvis and mother to Lisa Marie, addressed the auction with a simple post on Twitter:
"It's a Scam!"
https://twitter.com/Cilla_Presley/status/1792766867419046296
Obviously this would be massive if it were real - though it doesn't sound like it is.
Graceland served as the home for The King after he bought the 13.8 acre estate in 1957, and after his death the 17,552 square foot house has been a popular tourist attraction for visitors to Memphis and fans of Elvis. It holds not only Presley's personal effects, but the graves of Elvis and his family are located on the property, along with his airplanes and a car museum.
Nearly 600,000 tourists visit Graceland every year - so while I'm sure there are plenty who would jump at the chance to buy the historic property, I'd be real surprised if they ever got the chance.
