Tennessee Attorney General Investigating Attempted Foreclosure of Graceland

Elvis Presley’s granddaughter says the claims that her mother, now deceased, secured a loan using the historic home as collateral are fraudulent.
Tennessee Attorney General Investigating Attempted Foreclosure of Graceland
Fans wait in line outside Graceland in Memphis, Tenn., on Aug. 15, 2017. Brandon Dill/AP Photo
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The Tennessee attorney general said his office is looking into a company’s attempt to sell Graceland, once the home of Elvis Presley, at a foreclosure auction, a move that was halted by a judge after the king of rock ‘n’ roll’s granddaughter filed a lawsuit citing fraud.

Republican Attorney General Jonathan Skrmetti announced on May 23 that the Memphis mansion “became the target” of Naussany Investments and Private Lending when it tried to sell the home-turned-museum after claiming that Presley’s daughter, Lisa Marie Presley, had defaulted on a nearly $4 million loan that she allegedly secured using the property as collateral. Ms. Presley died in January 2023.

Jana J. Pruet
Jana J. Pruet
Author
Jana J. Pruet is an award-winning investigative journalist. She covers news in Texas with a focus on politics, energy, and crime. She has reported for many media outlets over the years, including Reuters, The Dallas Morning News, and TheBlaze, among others. She has a journalism degree from Southern Methodist University. Send your story ideas to: [email protected]