Elvis Presley’s granddaughter, Riley Keough, filed a lawsuit on Wednesday, May 15, claiming fraud against the company that moved to put Graceland up for sale
Elvis Presley’s granddaughter, Riley Keough, is fighting to keep Graceland in her family.
Earlier in May, a notice for the foreclosure sale of Graceland — the home in Memphis, Tennessee, that Presley made famous — became public. It claimed that Promenade Trust, which oversees Graceland, owes $3.8 million to Naussany Investments and Private Lending after neglecting to pay back a loan taken out six years ago.
Keough inherited the Promenade Trust when her mother , Lisa Marie, died in January 2023 at age 54 after suffering a cardiac arrest. While Missouri-based Naussany Investments claims that Lisa Marie used Graceland as collateral to secure a loan that she did not pay back, Keough alleges in her lawsuit that the lender’s “documents are fraudulent. Lisa Marie never borrowed money from Nassau Investments and never gave a deed of trust to Nassau Investments.
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