Plot Thickens on Graceland Auction — Tennessee Judge Temporarily Blocks Sale Following Fraud Allegations

Graceland auction
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Graceland auction
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Photo Credit: Joseph Novak / CC by 2.0

A Tennessee judge temporarily blocks the sale of Elvis Presley’s home of Graceland on the auction block following allegations of fraud.

In a hearing earlier today (May 22) reportedly lasting only eight minutes, Shelby County, Tennessee Chancellor JoeDae Jenkins blocked the sale of Elvis Presley’s once-home of Graceland. The property mysteriously appeared up for auction by a company called Naussany Investments and Private Lending LLC, allegedly to repay a supposed debt owed by the late Lisa Marie Presley.

The planned auction outside the Shelby Count Courthouse set for Thursday, May 23, initially saw interference from actress Riley Keough, granddaughter of Elvis Presley. Keough alleges the company obtained fraudulent documents claiming her mother, Lisa Marie Presley, had borrowed $3.8 million from Naussany Investments and provided them “a deed of trust encumbering Graceland as security.”

Chancellor Jenkins said a “Gregory Nassany” of Jacksonville filed a one-page motion for continuance, which Jenkins denied at the hearing on Wednesday. “The notary has sworn that the notary did not notarize the signature of Lisa Marie Presley on the deed of trust, which brings into question the authenticity of the signature.”

“The court will adjourn the sale as requested because one, the real estate is considered unique under Tennessee law and in being unique, the loss of the real estate would be considered irreparable harm,” said Jenkins. “Graceland is a part of this community, well loved by this community and indeed around the world.”

Keough’s legal team asserts the signatures said to be from Lisa Marie Presley were forged. Court filings say the documents were “purportedly acknowledged before notary public Kimberly Philbrick in May 2018 in Duval County, Florida,” but were not recorded with the Shelby County Register. Further, according to court filings, Philbrick signed an affidavit dated May 8 stating she never met Lisa Marie Presley and therefore never notarized the documents in question.

The man identified as “Gregory E. Naussany” wrote in his motion to the court his belief that “the claims made against Naussany Invesments & Private Lending are unfounded and do not warrant the issuance of a Declaratory Injunction or Temporary Restraining Order.”

While it’s unclear whether Naussany Investments has an attorney, Keough is being represented in the dispute by attorneys based in Memphis, Tennessee, and Jacksonville, Florida.

Strangely, ABC News reports that an email sent to the address provided on the motion filed by Naussany Investments bounced back. The outlet also left a voicemail on the provided phone number, but has received no response.