“Time TV”
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On Wednesday, Naussany Investments and Non-public Lending LLC dropped its foreclosures efforts in opposition to Graceland.
Danielle Riley Keough, Presley’s granddaughter and inheritor, filed a lawsuit earlier this month to halt the foreclosures sale claiming Naussany Funding’s paperwork was bogus and an try to defraud the household.
“I’ve requested my attorneys to look into this matter, decide the total extent of any misconduct which will have occurred, and establish what we are able to do to guard each Elvis Presley’s heirs and anybody else who could also be equally threatened,” stated Skrmetti in a press release.
Naussany Investments produced paperwork that Lisa Marie Presley defaulted on a $3.8 million mortgage, previous to her 2023 passing, and used Graceland as collateral, in accordance to courtroom paperwork.
“These paperwork are fraudulent,” Keough’s lawsuit alleges. “Lisa Marie Presley by no means borrowed cash from Naussany Investments and by no means gave a deed of belief to Naussany Investments.”
Keough’s swimsuit additionally claims that the paperwork Naussany introduced, together with a 2018 notarized promissory word signed by Lisa Marie Presley, had been cast. Even the notary public whose identify appeared on the disputed doc, advised the courtroom in an affidavit that they’d by no means notarized Lisa Marie Presley’s signature.
A Shelby County, Tennessee, Chancellor on Wednesday blocked the foreclosures sale scheduled for this Thursday, noting the notary recognized within the transaction, has sworn that they didn’t notarize the signature of Lisa Marie Presley on the deed of belief bringing into query the authenticity of the signature on the deed.
Keough’s possession of Graceland has been confirmed by a Memphis courtroom, based on Tennessee’s prime legal professional.
“Graceland is likely one of the most iconic landmarks within the State of Tennessee, and the Presley household have generously shared it with the world since Elvis’s passing,” stated Skrmetti. “Elvis made Memphis the middle of the music universe, and Graceland stands as a monument to his legacy and a fond remembrance for his household. My workplace has fought fraud in opposition to householders for many years, and there’s no residence in Tennessee extra beloved than Graceland.”
Naussany Investments was listed in courtroom paperwork as being positioned in Kimberling Metropolis, Missouri, however “Time TV” was unable to find a enterprise within the state by that identify. “Time TV” was additionally unable to find a enterprise by that identify when looking nationwide.
The lender can also be unknown to Tennessee banking regulators.
Alicia Owens, a public info officer with the Tennessee Division of Monetary Establishments, advised “Time TV” in an e-mail that, “Naussany Investments & Non-public Lending, LLC (Naussany) isn’t a licensed mortgage lender in Tennessee and isn’t regulated by the Division.”
