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Failed Graceland Sale By A Mystery Entity Highlights Attempts To Take Assets Of Older Or Dead People

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Memphis, Tennessee – The cause for the failed attempt to sell off the historic Graceland property in Memphis is unknown.

The self-proclaimed investment corporation is also under assault from a lawsuit alleging fraud, an aggressive attorney general, and a community of Elvis Presley devotees who regard the king of rock and roll’s home-turned-museum as sacred ground.

Among the numerous problems raised by the attempt to auction Graceland is how frequently cases arise in which an entity forms to seize the assets of the elderly or deceased. Experts believe it is more common than one might expect.

graceland

Graceland | AP News Image

Failed Graceland Sale By A Mystery Entity Highlights Attempts To Take Assets Of Older Or Dead People

“I’ve never heard of a fraud against such a well-known institution. So it’s a little shocking from that perspective,” said Nicole Forbes Stowell, a corporate law professor at the University of South Florida’s St. Petersburg campus. “But I don’t think it’s surprising to everyday people that are the targets.”

This month, Naussany Investments and Private Lending sparked a sensation by posting a public notice for a foreclosure auction of the 13-acre (5-hectare) Graceland estate.

The notification stated that Promenade Trust owns the Graceland museum and owes $3.8 million for failing to settle a 2018 loan. Riley Keough, an actor and Elvis Presley’s granddaughter, inherited the trust and ownership of the home after her mother, Lisa Marie Presley, passed away in 2023.

According to the foreclosure sale notice, Naussany stated that Lisa Marie Presley utilized Graceland as loan collateral. Keough filed a complaint on May 15, alleging that Naussany supplied fake loan documents in September 2023 and requesting that a Memphis judge prevent the sale to the highest bidder.

“Lisa Maria Presley never borrowed money from Naussany Investments and never gave a deed of trust to Naussany Investments,” Keough’s attorney, Jeff Germany, stated in the lawsuit

“It’s a scam,” Elvis’ former wife, actor Priscilla Presley, claimed on her social media pages.

Shelby County Chancellor JoeDae Jenkins issued an injunction on Wednesday, halting the sale that was set to take place the next day. Jenkins stated in court that Elvis Presley’s estate may be successful in proving Nausanny’s plan to auction Graceland is false.

One explanation is an affidavit from Kimberly Philbrick, a Florida notary whose name appears on Naussany’s documents. According to the lawsuit, Philbrick stated that she had never met Lisa Marie Presley or notarized any documents for her. The judge stated that the affidavit called the signature’s legitimacy into question.

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Graceland | AP News Image

Failed Graceland Sale By A Mystery Entity Highlights Attempts To Take Assets Of Older Or Dead People

According to Stowell, the signature blocks on the pertinent documents were incorrect, and the documentation refers to an online notarization option that Florida did not acknowledge until 2020, two years after the alleged notarization

“That makes me wonder if these documents were created after Lisa Marie passed away,” Stowell stated. “The whole thing does not pass the smell test.”

Mark Sunderman, a real estate expert at the University of Memphis, questioned why the lender would foreclose if it had yet to receive payments for years.

“If someone starts missing payments or hasn’t made a payment, you’re not going to sit around for a couple of years and then say, ‘Golly, I think we need to foreclose now,'” Sunderman stated.

The lender’s credibility is also in doubt following The Associated Press’s unsuccessful attempts to authenticate its existence beyond an email address and a court document signed by Gregory Naussany.

Court filings listed corporate addresses in Jacksonville, Florida and Hollister, Missouri. Both were for post offices, while the Kimberling City, Missouri, mention was for a post office box. In addition, the company needs to be recorded in Missouri or Florida’s state databases of registered corporations.

“I’ve never heard of that business,” Kimberling City Clerk Laura Cather remarked.

A search of the Financial Industry Regulatory Authority’s web databases revealed no registration for the company. No Naussany representatives appeared in court despite the firm filing an unsuccessful move to dismiss the lawsuit’s charges and oppose the estate’s request for an injunction.

After the sale was blocked, Naussany stated that it would withdraw its claim since a significant document in the case and loan was recorded and received in a different state, requiring “legal action to be filed in multiple states.” The statement did not mention the other state.

Naussany has yet to respond to the Associated Press’s email interview requests. Online court records showed no legal documents indicating the claim or action had been abandoned.

According to Sunderman, a Memphis professor, fraudulent allegations involving real estate asset conflicts occur more frequently than people realize, particularly in inheritance cases.

“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 stated.

Darrell Castle, a Memphis attorney who is not engaged in the case but is monitoring it, said he frequently encounters cases in which elderly individuals are the victims of fraud.

“I get cases quite often where people who are really helpless in the final stages of life in a nursing home are financially victimized,” Castle stated. “The human mind will think of some way to cheat and steal if it can.”

graceland

Graceland | AP News Image

Failed Graceland Sale By A Mystery Entity Highlights Attempts To Take Assets Of Older Or Dead People

Tennessee Attorney General Jonathan Skrmetti said Thursday that his office investigated the issue to see if the estate was targeted for fraud.

Skrmetti’s office can investigate and file civil actions involving alleged consumer fraud. It may turn over proof of criminal activity to the district attorney or federal authorities.

Graceland, which opened in 1982, immediately became Memphis’ most well-known tourist destination and a mecca for followers of Elvis Presley, the singer, actor, and fashion icon who died in August 1977 at age 42. The museum and the big entertainment complex across the street attract hundreds of thousands yearly.

The attorney general should focus on who would target it with a scheme that “fell apart with the first email and phone call, or internet search,” as well as what gaps in the legal system allowed it to go closer to the auction block than it should have. Remarked Nikos Passas, a professor of criminology and criminal justice at Northeastern University.

“The chance of succeeding in what they were trying to do — that is, to get the property auctioned off and get the proceeds and then use the money — doesn’t seem to be the actual intent, unless they are incredibly stupid,” Passas stated. “So, the question is then, ‘What was the intent, and who was behind it?'”

SOURCE – (AP)

Kiara Grace is a staff writer at VORNews, a reputable online publication. Her writing focuses on technology trends, particularly in the realm of consumer electronics and software. With a keen eye for detail and a knack for breaking down complex topics, Kiara delivers insightful analyses that resonate with tech enthusiasts and casual readers alike. Her articles strike a balance between in-depth coverage and accessibility, making them a go-to resource for anyone seeking to stay informed about the latest innovations shaping our digital world.

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15 Months After His Firing, Tucker Carlson Returns To Fox News Airwaves With A GOP Convention Speech

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NEW YORK — Tucker Carlson returned to Fox News’ airwaves 15 months after being abruptly dismissed, as witnessed Thursday during coverage of a Republican National Convention address that underscored his growing power in Donald Trump’s universe.

Carlson described the Republican nominee for president as a changed man who “became the leader of this nation” after last Saturday’s murder attempt.

His 11-minute address in Milwaukee also revealed shifts in the media personality, who had privately stated after the 2020 election that he “truly can’t wait” to ignore Trump. Before being granted the prime-time role at the convention last night, he was visible and reportedly persuaded Trump to choose Ohio Sen. JD Vance as his running mate.

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carlson | Ap news Image

15 Months After His Firing, Tucker Carlson Returns To Fox News Airwaves With A GOP Convention Speech

Carlson’s address aired at prime time on Fox News, the same hour he was once the most popular figure on cable television. CNN and MSNBC did not cover it.

“That was Tucker Tucker,” his Fox replacement, Jesse Watters, explained. “You may remember him from the 8 o’clock hour here.”

How Tucker has performed in recent months
Tucker was dismissed a week after Fox agreed to pay more than $787 million to resolve a lawsuit with Dominion Voting Systems over fraudulent representations made by the network after the 2020 election. The network never explained why it fired Carlson, resulting in a cottage industry of hypotheses about why the Rupert Murdoch-founded network pulled the plug.

Tucker has now launched his internet network, but he has yet to match the power he gained from five nights a week on the most popular cable network.

He has conducted a series of online interviews with prominent right individuals, including one with Trump, which was used to counterprogram a debate amongst his GOP nomination opponents. His most notable appearance was a February interview with Russian President Vladimir Putin, who later stated that he believed Tucker “would behave more aggressively and ask so-called sharp questions.”

Tucker has also generated money from lectures, having just finished a speaking tour of Australia. He has scheduled a September tour of arenas in the United States, with special guests including Donald Trump Jr., Roseanne Barr, Marjorie Taylor Greene, Russell Brand, Kid Rock, Vivek Ramaswamy, and Megyn Kelly, Glenn Beck, and Dan Bongino, all of whom left Fox under unpleasant circumstances.

According to Justin Wells, a longtime Tucker aide who spoke with him immediately before Carlson took the stage, his convention speech on Thursday was impromptu.

15 Months After His Firing, Tucker Carlson Returns To Fox News Airwaves With A GOP Convention Speech

Carlson praised Trump as a leader whose bravery and courage have inspired people, especially in the days following the murder attempt on the former president in western Pennsylvania last weekend. He also praised Trump for promoting unity during a time when it would have been easy to do otherwise.

“He turned down the most obvious opportunity in politics to inflame the nation after being shot,” according to Carlson. “In the moment, he did his best to bring the country together.”

He says, “people who don’t believe in God are starting to wonder — maybe there is something to this.”

Carlson avoided divisive political discourse, though he did characterize the amount of money the US has spent to assist in defending Ukraine as “a middle finger in the face of every American.”

SOURCE | AP

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American Who Made Social Media Threats Against Taylor Swift Detained Ahead Of German Concert

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BERLIN — An American man who made threats against Taylor Swift on social media was seized before her first concert in Gelsenkirchen, Germany, and will be held in custody until her gigs there end, authorities said Thursday.

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swift | AP news Image

American Who Made Social Media Threats Against Taylor Swift Detained Ahead Of German Concert

According to police, the accused stalker, a 34-year-old whose name has not been disclosed, had a ticket to Taylor’s concert at Gelsenkirchen’s Veltins-Arena on Wednesday. They stated that he was detained at event admission checks because an early assessment could not completely rule out a risk.

According to police, the man threatened Taylor and her partner on social media. They say he was detained after receiving tips from the event’s organizers.

The American superstar will perform in Gelsenkirchen on Wednesday, Thursday, and Friday as part of her Eras tour. According to authorities, a local court has ordered that the suspected stalker be detained until Saturday.

They went on to say that Swift and the audience were always safe. The event drew approximately 60,000 people on Wednesday evening and went off without incident.

American Who Made Social Media Threats Against Taylor Swift Detained Ahead Of German Concert

Before the concerts, Gelsenkirchen temporarily renamed the town “Swiftkirchen” and honored the singer on a “Walk of Fame” dedicated to local luminaries.

Taylor has plans to perform in two more German cities after Gelsenkirchen: Hamburg and Munich.

SOURCE | AP

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Britney Spears Has A Message For Ozzy Osbourne After He Called Her Dancing ‘Sad’

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Nobody puts Britney Spears in a corner.

The singer was highlighted on a recent episode of “The Osbournes Podcast,” in which Ozzy Osbourne stated that he was “fed up with seeing poor old Britney Spears dancing on social media.”

“You know, it’s sad,” the renowned rocker admitted. “Very, very sad.”

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Britney Spears | People Image

Britney Spears Has A Message For Ozzy Osbourne After He Called Her Dancing ‘Sad’

His family agreed, including his wife Sharon and older children Kelly and Jack Osbourne.

Britney, who routinely posts videos of herself dancing on social media, noticed and responded with a lengthy comment.

She began her essay by mentioning Kate Beckinsale’s 2001 film Serendipity and stating that “incredibly cruel people were talking about [Beckinsale] needs more age-appropriate content.” Beckinsale, who is in her fifties (as Britney also highlighted), has been known to confront social media bullies.

Britney then reacted to the Osbournes’ complaints. She stated that she rarely dances and responded to Sharon Osbourne’s description of her as “a poor little thing” by saying, “I’m not poor at all!!!”

Britney Spears Has A Message For Ozzy Osbourne After He Called Her Dancing ‘Sad’

“I taught dance lessons to a few adolescents last week… Spears wrote, “A lot of the kids were too thin, and some were too big.” “I know what it’s like to be judged, so it’s a ridiculous and stupid subject initially, but I think it’s important to HELP EACH OTHER and invite each other to places that help our souls to grow!!!”

Spears closed her email to the Osbournes, whom she described as “the most boring family known to mankind,” by ordering them to “kindly f**k off.”

SOURCE | CNN

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