Elvis Presley’s Granddaughter Hard Stops Graceland Auction

Elvis Presley’s granddaughter sent an investment company intent on auctioning off Graceland running.

Riley Keough didn’t just convince a judge to block the auction of Graceland on Thursday. The actor’s legal response scared off Naussany Investments and Private Lending LLC for good.

• Elvis Presley Enterprises (Graceland) labeled claims made by Naussany as fraudulent upon learning they planned to auction Graceland to get back money loaned to Lisa Marie Presley in 2018.
• Keough’s lawyer said the loan never happened and Naussany “appears to be a false entity created for the purpose of defrauding.”
• A Tennessee judge sided with her on Wednesday (May 22).

Related: Riley Keough IS Selling This Historic Home

A quick family tree is necessary to understand the story. Lisa Marie Presley was Elvis Presley’s only child and the one who inherited his home, Graceland. Upon her death in 2023, her daughter Riley Keough became the sole heir. The home is a museum, popular tourist attraction and where much of the family is buried.

A Shelby County (Memphis) judge placed a temporary injunction on the auction on Wednesday morning. Soon after, KY3 TV shares that the investment company withdrew their claim with prejudice, meaning they can’t re-file. They said they meant Keough no harm, but no one has yet gotten to the bottom of who they are and if the claim was fraudulent.

The Daisy Jones and the Six star said not only were the loan documents fake, her mother’s signature was a forgery. Furthermore she said Naussany “is not a real entity.” Memphis newspaper the Commercial Appeal tried to track down the company or anyone associated and came up dry.