Failed Graceland sale by a mystery entity highlights attempts to take assets of older or dead people

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Priscilla Presley News

Lisa Marie Presley,Riley Keough,U.S. News

A mysterious company has caused a stir for trying to auction Elvis Presley's Graceland property in a foreclosure sale.

‘We don’t have that’: South Bexar County residents face hefty bill to buy water meters even after $400K projectFILE - Fans wait in line outside Graceland, Elvis Presley's Memphis home, in Memphis, Tenn., Aug. 15, 2017. A mysterious company has caused a stir for trying to auction Elvis Presley's Graceland in a foreclosure sale this week. A judge has blocked the sale after Presley's granddaughter filed a lawsuit alleging fraud.

“Lisa Maria Presley never borrowed money from Naussany Investments and never gave a deed of trust to Naussany Investments,” Keough’s lawyer Jeff Germany wrote in the lawsuit.halted the sale “That makes me wonder if these documents were created after Lisa Marie passed away,” Stowell said."The whole thing does not pass the smell test.”

Court documents included company addresses in Jacksonville, Florida, and Hollister, Missouri. Both were for post offices, and a Kimberling City, Missouri, reference was for a post office box. The business also is not listed in state databases of registered corporations in Missouri or Florida.A search of online records for the Financial Industry Regulatory Authority showed no registration for the company.

“It’s very difficult for someone to say, ‘Well, no, I didn’t take out this loan, I didn’t sign these papers,' when they’re dead,’” Sunderman said.

 

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