Additional Coverage:
- Graceland Auction Fraud on FBI’s Radar (newsbreak.com)
Efforts to seize Graceland through foreclosure are set to trigger a series of criminal investigations, according to TMZ. Officials from Graceland and representatives for Riley Keough have reportedly reached out to the FBI, which has expressed interest in looking into the matter further. Additionally, those potentially harmed by this incident are planning to contact the Tennessee Bureau of Investigation.
A legal decision was pending on whether or not a foreclosure auction, initiated by an alleged default on a $3.8 million debt Lisa Marie Presley purportedly did not settle—claiming Graceland as security—could proceed. Observers have raised suspicions about the circumstances surrounding this foreclosure action, describing them as dubious.
Sources indicate that Lisa Marie Presley never secured a $3.8 million loan, with a notary involved in the process also denying any encounter with Presley or witnessing her sign any loan documents. The party pushing for the foreclosure withdrew from the auction after a judge issued a temporary pause, a move that raised eyebrows given the significant amount of money at stake.
Insiders linked to Graceland are convinced that a single individual is orchestrating this fraudulent scheme and claim to know who that person is, turning up the pressure on the investigation.
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- Graceland Auction Fraud on FBI’s Radar (newsbreak.com)