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Riley Keough slams ‘fraudulent’ sale of Elvis Presley’s Graceland home as foreclosure auction looms

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Riley Keough is challenging the “fraudulent” sale of her grandfather Elvis Presley’s iconic Graceland home ahead of a foreclosure auction.

A temporary restraining order halting the sale of the Memphis, Tenn., estate was granted Monday, just days before it was set to be auctioned on Thursday, per court documents obtained by local outlet WREG.

Earlier this month, it was revealed the late King of Rock and Roll’s beloved residence would be sold to the highest bidder after its previous owner, Lisa Marie Presley, allegedly failed to repay a $3.8 million loan taken out in 2018 before her death.

Elvis Presley strolls the grounds of his Graceland estate in 1957
A temporary restraining order halting the sale of the Memphis, Tenn., home was granted Monday. Michael Ochs Archives
Lisa Marie Presley
The King of Rock and Roll’s former estate was set to be sold to the highest bidder Thursday after his daughter, Lisa Marie Presley, allegedly failed to repay a $3.8 million from 2018. WireImage

According to a public notice about the property’s foreclosure, Lisa allegedly signed a deed of trust with Naussany Investments and Private Lending, LLC and used Graceland as collateral.

However, a lawsuit filed by Keough, 34, on May 15 argues her mother “never” took out a loan.

“Lisa Marie Presley never borrowed money from Naussany Investments and never gave a deed of trust to Naussany Investments,” the lawsuit reads. “These documents are fraudulent.”

Graceland Mansion
A public notice about the home’s foreclosure claimed Lisa used Graceland as collateral while signing a Deed of Trust with Naussany Investments and Private Lending, LLC. Getty Images
Riley Keough
A lawsuit filed by Keough on May 15 argues her mother “never” took out a loan. Getty Images

Keough also claims the loan provider “never recorded” the “purported deed of trust” in the Shelby County Register’s Office, plus there are issues “that strongly indicate the documents are forgeries.”

The actress further argues that the notary mentioned in the deed, Kimberly Philbrick, “never met Lisa Marie Presley nor notarized any documents for her.”

An injunction hearing is set for Wednesday.

 Lisa Marie Presley
“Lisa Marie Presley never borrowed money from Naussany Investments and never gave a deed of trust to Naussany Investments,” the lawsuit reads. Getty Images for Icelandic Glacial
Graceland mansion of Elvis Presley
“These documents are fraudulent,” the lawsuit continues. AFP via Getty Images

Keough became the sole trustee of Graceland following Lisa’s death in January 2023 at age 54.

However, the “Daisy Jones & The Six” star had to fight to inherit the estate after her grandmother, Priscilla Presley, questioned “the authenticity and validity” of her daughter’s will.

They settled the matter in May 2023, with Keough reportedly agreeing to pay over $1 million to Priscilla, 78. She also agreed to cover $400,000 in legal fees.

Elvis Presley
Before her death, Lisa was the owner of her father’s beloved home. Getty Images
Priscilla Presley
After her passing, Keough became the sole trustee of Graceland following a legal battle with her grandma Priscilla Presley. Getty Images for ABA

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, were also laid to rest at the estate.

Upon Priscilla’s death, she will also reportedly be buried next to Elvis — a request that was initially denied.

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