Home of the King of Rock and Roll recently found itself at the center of a mysterious controversy, leaving the estate vulnerable. Graceland, the former home of Elvis Presley, recently faced the threat of foreclosure and potential auction…
But the company issuing the foreclosure might not even be real.
Here’s the story.
Graceland’s Questionable Foreclosure Threat
In early May, a notice of foreclosure and eventual auction of Graceland was posted. A company by the name of Naussany Investments and Private Lending LLC had scheduled the sale…
The company moved forward with its notion, citing that the sale was to clear a loan borrowed by Lisa Marie Presley, Elvis’ daughter. Naussany Investments claims that Mr. Presley’s daughter had borrowed $3.8 million from the company…
And used Graceland as collateral.
But actress Riley Keough, Lisa Marie Presley’s daughter, and Elvis’ granddaughter…
As the sole proprietor of the Presley family trust decided to take the action to court.
Keough’s lawyers claimed that the attempted foreclosure of Graceland was fraudulent…
And that Naussany was actually “a false entity”.
In a ten-minute hearing, the judge blocked the potential sale but kept the case open for further evidence.
YET HEARING WOULD’VE BEEN LONGER IF A REPRESENTATIVE OF NAUSSANY INVESTMENTS ACTUALLY ATTENDED
Every method of communication Naussany Investments has on its site, whether it is a phone number or email address…
Leads to nowhere.
Any addresses listed on the company site take you to post offices.
Yet, despite these dead-ends in communication, a man claiming to be Gregory Naussany had asked the court in a filing to continue the case.
However, later that same day, it seems that the company gave up on their bets to take over Graceland…
The Commercial Appeal, The Associated Press, as well as a Presley Estate Lawyer, had all received letters from Gregory Naussany…
Claiming that the company did not intend to continue their tirade on the estate.
GRACELAND IS AND REMAINS SAFE…
But what exactly was going on behind the curtain?
What is Naussany Investments and who is Gregory Naussany, really?
And moreover… who thought they could take on one of the most iconic pieces of real estate in the United States?
International Scammers Set Their Sights On The Presley Estate
In an email to the New York Times, a scammer based in Nigeria claims his fraud ring bears responsibility for the chain of events.
Within the email, the writer claims that the intention was never to actually foreclose or collect any outlying debt on Graceland…
THE FRAUD RING, AS DESCRIBED IN THE LETTER, PREYS ON THE ELDERLY AND THE DEAD, MOSTLY IN THE UNITED STATES.
As for Naussany’s position, experts are still unsure if this is a real company…
Any public records that prove the company’s existence are…
Well… nonexistent.
The attorney general of Tennessee promised to open an investigation into Naussany Investments and the attempted foreclosure of Graceland.
While this entire situation definitely ruffled the feathers of Elvis fans across the nation, one thing is for certain…
If you’re going to come after anyone’s home…
Never go after the king.
Be Great,
GCTV Staff
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