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Naussany Investments’ attempted foreclosure sale of Elvis Presley’s famous property was halted on Wednesday by a Memphis judge
Mick Hutson/Redferns
Graceland ca. 1970
When Riley Keough filed documents looking to halt an apparent sale of Graceland, all eyes were on the defendants. Just what was Naussany Investments & Private Lending, and what connection did the mysterious company claiming to have a deed on the property have to the Presley family?
As it turns out, the answer appears to be little to none.
Keough, who inherited Graceland when her mother Lisa Marie Presley died in 2023, wrote in her filing that she and her legal team believed Naussany was “a false entity created for the purpose of defrauding” the Presleys.
Though the company claimed to have made Lisa Marie a $3.8 million loan that she did not repay, Keough’s filing said her mother’s signatures on an apparent Standard Promissory Note and a deed of trust were forged, and the woman Naussany claimed notarized the documents said she’d never met Lisa Marie.
On Wednesday, a judge in Memphis halted the foreclosure sale of Graceland scheduled for Thursday, and hours later, someone who claimed to be named Gregory Naussany emailed Keough’s attorneys, saying he’d be withdrawing his claim on Graceland.
getty; redferns
Riley Keough, Graceland
Naussany Investments & Private Lending remains shrouded in mystery; the company has no internet presence, including social media or websites, and email addresses linked to the company in court documents end in outlook.com and hotmail.com, not a business website.
Court documents list the company as having a P.O. box in Kimberling City, Missouri and Hollister, Missouri. There’s also a return address listed on a copy of something they apparently mailed to Lisa Marie in 2022, but the address is a United States Postal Service location in Jacksonville, Florida and not a business office.
The Secretary of State’s offices in Missouri and Florida found no businesses registered with the Naussany name, according to Fox 13 Memphis.
GAB Archive/Redferns
Graceland in 2018.
Related: Judge Halts Graceland Sale After Riley Keough Slammed Foreclosure Attempt as ‘Fraudulent’
Kurt Naussany is listed as a defendant in Keough’s filing, as her attorneys claim he sent “numerous emails” trying to collect the $3.8 million and threatening to sell Graceland. But when reached by PEOPLE via an email listed in the court documents, he responded, “Please do not contact,” and shared an email for Gregory Naussany that bounced back.
Kurt Naussany told NBC News that he left the company in 2015, and that it was Gregory who “handled all loans with Ms. Presley.” Kurt later followed up with the outlet, saying that he knew Lisa Marie for years, but “never did any loans for her.”
PEOPLE’s searches in public databases found no contact information for a Gregory Naussany, though someone claiming to be him reached out to Keough’s attorneys confirming he did not intend to move forward with the company’s claim.
Gregory Naussany also allegedly sent an email confirming the same information to the Memphis Commercial Appeal, though the outlet said the message was “riddled with grammatical errors.”
Naussany Investments could possibly face federal charges for fraud, a source tells PEOPLE. The FBI Memphis division did not confirm or deny the investigation and The Office of the U.S. Attorney had no comment on the possibility when reached by PEOPLE.
According to a source, if an investigation does take place, it would be conducted by the FBI along with the DOJ Memphis bureau and possibly the state. The DOJ would indict the individual(s) if the person was found to be fraudulent and arrests would be made.
Elvis Presley bought Graceland in 1957 for $102,500. He lived there for the next 20 years, until his death in 1977, and the property was opened to the public in 1982.
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