Huge Update In Graceland Fraud Case

Ladies and gentlemen, gather 'round because we've got a real head-turner of a story involving none other than the King of Rock 'n' Roll's iconic mansion.

Yes, we're talking about Elvis Presley's historic Graceland home. Recently, a jaw-dropping twist emerged in the ongoing investigation into an alleged sinister plot to swipe this legendary property.

In a surprising move, Tennessee’s attorney general decided to hand over the investigation to the federal government. That's right, folks, the feds are now on the case. Amy Lannom Wilhite, the director of communications for the Tennessee Attorney General's Office, confirmed this change, emphasizing that the matter was better suited for federal authorities. “We have faith in our federal partners and know they will handle this appropriately,” Wilhite stated.

Now, let’s backtrack a bit. Just last month, Presley’s Memphis estate nearly went under the hammer in an auction. The twist? It was all due to a claim by Naussany Investments & Private Lending LLC that Lisa Marie Presley had used Graceland as collateral for a hefty $3.8 million loan back in 2018. This all came to light following Lisa Marie’s untimely death in January 2023 at the age of 54.

But hold on, the plot thickens! Riley Keough, Lisa Marie’s daughter and Elvis’s granddaughter, contested this supposed court-approved sale.

She argued that the loan documents were fraudulent, pointing out that some signatures were forged and questioning the legitimacy of Naussany Investments’ claims. Talk about a real-life legal thriller!

On May 15, Riley Keough filed a 60-page lawsuit in Shelby County Chancery Court, fiercely defending Graceland. Her efforts paid off when Shelby County Chancellor JoeDae Jenkin issued an injunction halting the sale just one day before the property was set to be auctioned. This move forced Naussany Investments to drop their legal battle, with a representative citing complex legal challenges as their reason.

But the drama doesn’t stop there! The Graceland saga caught the eye of both the Tennessee attorney general and the FBI. Tennessee Attorney General Jonathan Skrmetti expressed his commitment to fighting fraud and protecting homeowners, including the heirs of Elvis Presley.

“There is no home in Tennessee more beloved than Graceland,” Skrmetti declared, pledging to uncover any misconduct and protect those affected.

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