Elvis Presley's granddaughter fights sale of 'Graceland', claiming fraud

Elvis Presley's historic Tennessee home, Graceland, will be sold at a foreclosure sale on Thursday, WREG reported, though his granddaughter and ex-wife have both claimed the sale is illegitimate.

At issue is an alleged $3.8 million loan that the late Lisa Marie Presley secured in 2018 from Naussany Investments and Private Lending. The firm claims that she never repaid the loan and that she had used Graceland as collateral.

Lisa Marie died in January 2023 of natural causes. Her daughter, Danielle Riley Keough, however has sued the company to stop the sale, claiming that her mother never took the loan and that "[t]hese documents are fraudulent."

"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," Elvis Presley Enterprises said Tuesday, according to the Associated Press.

Keough secured a stay on the sale earlier this week and a hearing is scheduled for Wednesday. The Shelby County Register of Deeds on Tuesday, moreover, confirmed it had no record of a deed for Graceland.

Graceland became a museum in 1982.

Ben Whedon is an editor and reporter for Just the News. Follow him on X, formerly Twitter.