Lawyers for actress
Riley Keough
, the granddaughter of
Elvis Presley
, have sued to stop what they say is a
fraudulent scheme
to sell
Graceland
, the family's cherished former home in Memphis, Tennessee.
Court papers that Keough's lawyers filed this month claim that a company planning to auction off Graceland is fraudulently claiming that her mother - Elvis' daughter, Lisa Marie Presley, who died in 2023 - had borrowed money and put Graceland up as collateral.
The papers say that the company, Naussany Investments & Private Lending LLC, "appears to be a false entity" and that the documents it presented about the loan were also fake. "There is no foreclosure sale," Elvis Presley Enterprises, which operates Graceland, said.