Elvis' granddaughter Riley Keough contests “fraudulent” Graceland sale, involving $3.8 million loan

Elvis Presley's granddaughter Riley Keough is taking action to block a scheduled foreclosure sale of Graceland, the iconic Memphis mansion. 

Keough, who inherited the property after her mother Lisa Marie Presley's death in 2023, alleged that a $3.8 million loan used to justify the sale is a complete fabrication.

In a lawsuit filed this week, Keough claimed the documents presented by Naussany Investments & Private Lending LLC, the company behind the foreclosure attempt, were “fraudulent and unenforceable.” 

The lawsuit further stated that Presley's signatures on the loan documents and deed of trust are forgeries, and the notary listed as a witness never even met Presley.

Keough is seeking a restraining order to prevent the sale and accuses Naussany Investments of potentially being a “false entity” created solely to defraud the Presley estate. 

Priscilla Presley, Elvis' ex-wife, has also voiced her support for Keough, calling the situation a “scam” on social media.

Elvis Presley Enterprises, the entity that manages Graceland, has released a statement backing Keough's claims. The situation is expected to unfold further in court this Wednesday.