A scheme attempting to wrongly seize Graceland, the iconic Memphis mansion once owned by Elvis Presley, has been uncovered, according to law enforcement and court documents. The plot emerged six months after the death of Elvis’ daughter, Lisa Marie Presley, in 2023, and involved a concocted narrative of financial dealings and deceitful claims.
The uncovering of this scheme has shocked many, as it implicated Graceland—a historic and financially valuable site that attracts around 600,000 visitors annually. The fraudulent effort revolved around a fabricated company, Naussany Investments & Private Lending LLC, which alleged that Lisa Marie had taken a $3.8 million loan against Graceland as collateral and failed to repay before her passing.
Court documents further revealed bold attempts to use these false claims to leverage a “settlement” offer of $2.8 million. Once Naussany began arranging an unauthorized sale of Graceland, the situation caught public attention. In response, Riley Keough, the daughter of Lisa Marie Presley, engaged legal counsel to prevent the sale, denouncing the fraudulent activities in a court. Keough’s lawyers labeled Naussany as a sham entity, highlighting that both the entity and the documents surrounding the alleged loan were fictitious.
This thwarted attempt to manipulate such a well-known cultural landmark underscores the vulnerabilities even prominent estates can face and the diligence required to protect them. The decisive legal counteraction by Keough and her team ensured the preservation of Graceland as a symbol of American music history, cementing its continued status as a treasured destination for Elvis enthusiasts.