Elvis Presley’s Graceland is named the most popular museum in America. Let’s hope it stays that way after the news of a mysterious and perhaps fraudulent investment company lays claim to the property as it attempts to put Graceland in foreclosure.

Did you know that each year, since 1978, the year after Elvis’ passing, fans have gathered at the gates of Elvis Presley’s Graceland each year to honor his memory with a Candlelight Vigil? ️ pic.twitter.com/RSWCn7Dxdp

— Graceland (@VisitGraceland) May 22, 2024

Lisa Marie Presley’s daughter, Riley Keough, took ownership of Graceland when Lisa Marie died in January 2023. Soon after that news came in, Priscilla Presley, Riley’s grandmother, took umbrage, bringing about a legal battle that was eventually settled.

The Presley family has experienced tragedy over the decades, and much has happened to the family in recent years.

And now Riley Keough has another battle on her hands.

But a company called Naussany Investments & Private Lending LLC claims that Lisa Marie Presley failed to pay back a $3.8 million loan it had given her – and Naussany claims Presley had put up Graceland as collateral against the loan. Seeking repayment, it had scheduled an auction of the estate.

This was no typical foreclosure sale. Keough filed a lawsuit earlier this month, claiming there was no such loan. She also claims Naussany isn’t even a real company. – amp.cnn.com

In Court

As I type this, a hearing is taking place in Shelby County, Tennessee, Chancery Court to determine how to proceed. Riley Keough says there is no such thing as Naussany Investment & Private Lending LLC.

This company claims that Lisa Marie put up Graceland as collateral for a multi-million dollar loan. They say it’s not been repaid, so they have started foreclosure on Graceland.

Thank goodness Riley Keough seems to have her head screwed on straight, or at least her lawyers do because they say this never happened. They have a signed affidavit regarding the notary public who denies ever notarizing this document or anything else Lisa Marie had ever signed.

Also, when the media tried to reach out to this so-called Naussany Investment company, their phone number was no longer in service. They’ve appeared to just dry up and cease to exist. That’s weird.

“Elvis Presley Enterprises can confirm that these claims are fraudulent,” the company said. “There is no foreclosure sale. Simply put, the counter lawsuit has been filed is to stop the fraud.” – amp.cnn.com

Do I smell Priscilla’s perfume wafting in the air somewhere? This might just smack of some sort of shady doings done by Elvis’s ex to get the property back from Riley. Don’t be cruel, Priscilla. I have absolutely no proof that this is the case, of course. But a woman’s intuition is nothing to scoff at, mind you.

The Presley gene is strong in that family. And if you don’t know who Riley Keough is, besides being Elvis’s granddaughter, she is an actress with several television shows and movies in her portfolio. Her most recent gig was playing the lead role in Daisy Jones & The Six.

It is my personal hope that Riley can save Graceland to keep it in the family. I’ve been there. I’m an Elvis fan. I talked about this on my podcast the other day, if you care to give it a listen.

Feature Image: Graceland/Personal Photo/Riley Keough/Flickr/License CC BY-SA 2.0 DEED/Modified in Canva Pro.