Sunday, June 16

Granddaughter of Elvis Presley achieves her goal and prevents the mansion where the singer died from being auctioned

Avatar of Juan Pablo González

By Juan Pablo González

May 22, 2024, 3:57 PM EDT

The last hours were stressful for the actress Riley Keoughwho is the granddaughter of the late singer Elvis Presley, after it was announced that Graceland, the house where her grandfather died, would be auctioned for an alleged debt owed by her mother Lisa Marie Presley.

When it seemed that everything was lost for the young woman and for Elvis’ legacy, a Tennessee court stopped, this May 22, the auction and subsequent sale of the beautiful property located in Memphis and which is the site where the renowned singer lost his life. life that fateful August 16, 1977.

The court stopped the auction because, as Riley pointed out, it was considered that the company in charge of its auction could be committing fraud, so it chose to stop any type of transition related to the property in dispute and resume the case when Be clearer about who owns the residence.

“This heritage is considered unique, according to Tennessee law, and since it is unique, the loss of the property would be considered irreparable damage,” said Chancellor JoeDae Jenkins.

According to the newspaper El País, Jenkins stated that there is evidence that would prove that the company, which was seeking to sell Graceland, had falsified certain documents to achieve its goal and that Keough has told nothing but the truth.

”It seems that he will be successful on the merits… provided that at the last hearing he demonstrates the fraud alleged by his client and the notary,” JoeDae Jenkins continued about this notorious controversy.

Why do they want to auction Graceland?

The origin of the auction is due to the fact that, presumably, Lisa Marie Presley would have requested a loan of $3.8 million dollars from Naussany Investments & Private Lending LLC, a financial company, and put Graceland as collateral, so, by not paying, They went over the valuable and historic property.

“These documents are fraudulent. “Lisa Marie Presley never borrowed money from the financial company and she never gave her the trust,” argued the young woman, who is willing to do absolutely anything to defend her assets.

According to CNN, which was the media that reported the news, everything seems to indicate that it is indeed a fraud on the part of the aforementioned financial entity.

“It appears to be a false entity created for the purpose of defrauding,” CNN reported about the second most visited home in the United States, only behind the White House.

Keep reading:

Details of the spectacular mansion where Kylian Mbappé will live after signing with Real Madrid are revealed
This is the apartment where Geraldine Bazán lives with her daughters after leaving ‘La Casa de los Famosos’
James Rodríguez, Daniela Ospina’s ex, launches his luxurious mansion in Colombia for sale
Elvis Presley’s granddaughter raises her voice and refuses to auction the mansion where the singer died