Missouri woman admits to fraud scheme targeting Elvis Presley's Graceland estate

A Missouri woman, Lisa Jeanine Findley, pleaded guilty on February 26, 2025, to a federal charge of mail fraud related to a scheme to defraud Elvis Presley's family. According to reports, she attempted to auction off his iconic Graceland estate.

Findley reportedly claimed that Lisa Marie Presley, Elvis's daughter, had pledged Graceland as the collateral for a loan that she failed to pay before she died in 2023. She created a narrative that Presley had borrowed $3.8 million from a private lender.

She then threatened to sell the estate to the highest bidder if Presley’s family didn’t pay a $2.85 million settlement, according to authorities, as reported by CNN. The report further indicated that she posed as multiple individuals associated with a fictitious lender, Naussany Investments.

Furthermore, she was also involved in the fabrication of the documents and publishing a fraud foreclosure notice in a Memphis newspaper, which announced the auction in May 2024, the prosecutors said.

In May 2024, Riley Keough, the granddaughter of Elvis Presley, filed a lawsuit against Naussany Investments to prevent the foreclosure sale of Graceland, the iconic Memphis estate. What was the lawsuit about? Let us understand in detail.

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How did Elvis Presley’s granddaughter file a lawsuit to block the foreclosure sale of Graceland's estate?

Danielle Riley Keough is an actress and the eldest daughter of Lisa Marie Presley, who was the daughter of Elvis Presley.

According to a report in NBC Washington, Riley became the rightful owner of the Graceland estate after her mother’s death in January 2023 and also inherited the Promenade Trust.

A report in USA Today stated that a public notice alleged that Promenade Trust, which controls Graceland at 3734 Elvis Presley Blvd. owes $3.8 million after failing to repay a loan taken out on May 16, 2018.

Graceland's estate was scheduled to be put for public auction on May 23, 2024, but was reportedly halted by a Tennessee judge just hours before it was set to occur. The judge granted a temporary restraining order following a lawsuit filed by Keough on May 15, 2024, in Shelby County Chancery Court.

“Naussany Investments & Private Lending LLC presented documents purporting to show that Lisa Marie Presley had borrowed $3.8 million from Naussany Investments and gave a deed of trust encumbering Graceland as security.” The lawsuit said, as per a report in CNN.

It added that:

“Lisa Marie Presley never borrowed money from Naussany Investments and never gave a deed of trust to Naussany Investments.”

Keough claimed that the “documents are fraudulent.” Moreover, the lawsuit also alleged that Naussany Investments "is not a real entity" at all.

"Naussany Investments & Private Lending LLC appears to be a false entity created for the purpose of defrauding the Promenade Trust, the heirs of Lisa Marie Presley, or any purchaser of Graceland at a non-judicial sale," it read, as mentioned in a report by NPR.

Shelby County Chancellor JoeDae Jenkins issued a temporary injunction to prevent the sale of the property in May 2024.

Graceland estate, the 179-acre property, was purchased by Elvis Presley reportedly for $100,000 in 1957 in Memphis, Tennessee, US. In 2024, Hello magazine reported that now it is worth $5 million.

It is said to be the final resting place of Elvis Presley and his parents, his sister Lisa Presley and her son, Benjamin Keough.