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Company That Tried To Force Sale Of Elvis Presley’s Graceland Being Investigated

The Tennessee attorney general is opening a probe into the recent fight over Graceland after a judge paused an attempt by an alleged creditor to force a foreclosure sale and take the estate from Elvis Presley’s family.

An investigation has been opened into Naussany Investments and Private Lending LLC, the company that claimed Lisa Marie Presley used the famed estate as collateral for a $3.8 million loan, Attorney General Jonathan Skrmetti’s office announced Thursday.

Lisa Marie Presley died last year. Her daughter Riley Keough, the actor, has alleged that the deal never existed and that her mother’s signature was forged.

Lisa Marie Presley, Elvis’ only child, inherited her father’s estate in Memphis in 1977, when she was only 9 years old. Graceland is under a trust that encompasses all of the singer’s remaining assets, which Keough inherited control of after her mother’s death.

Skrmetti called Graceland one of Tennessee’s “most iconic landmarks,” which the family has kept open to visitors for more than 40 years.

“I have asked my lawyers to look into this matter, determine the full extent of any misconduct that may have occurred, and identify what we can do to protect both Elvis Presley’s heirs and anyone else who may be similarly threatened,” Skrmetti said in a statement.

Read more here from NBC News. 

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