CNN
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The Tennessee Lawyer Basic’s workplace has turned its investigation into the failed foreclosures try of Elvis Presley’s Graceland property over to federal investigators, in keeping with a press release supplied by his workplace.
“The Tennessee Lawyer Basic’s Workplace seemed into the Graceland matter, and it shortly grew to become obvious that this was a matter finest fitted to federal legislation enforcement. We place confidence in our federal companions and know they are going to deal with this appropriately,” mentioned Amy Lannom Wilhite, communications director for Tennessee Lawyer Basic John Skrmetti.
In Might, actress Riley Keough, the granddaughter of Elvis Presley, filed suit against Naussany Investments, which claimed to carry the deed to the property.
Naussany claimed Lisa Marie Presley, who died in 2023, used the property as collateral to safe a $3.8 million greenback mortgage and that she did not repay it, in keeping with court docket paperwork.
Keough claimed fraud and sued to guard the property from foreclosures. A Shelby County Chancery Choose agreed and blocked the sale, and Naussany mentioned it had dropped its foreclosures efforts.
On the time, Skrmetti mentioned that his workplace was trying into doable fraud involving the matter.
The Division of Justice declined to remark.