Elvis Presley‘s Graceland earlier this year.Lisa Jeanine Findley, a 53-year-old woman from Missouri, was arrested for allegedly orchestrating a scheme to conduct a fraudulent sale of Graceland, Presley’s mansion located in Memphis, Tennessee.The fate of the iconic residence was thrown into question earlier this year, when a deed of trust emerged, which was allegedly signed by Presley’s daughter Lisa Marie in 2018 to secure a $3.8million (£2.9m) loan from Naussany Investments and Private Lending LLC in Missouri.
The company claimed that Graceland was used as collateral in the loan, which was never paid back.Yesterday (August 16) the US Justice Department alleged that Findley falsely claimed Lisa Marie, who died in January 2023, took out the loan from Naussany Investments — a bogus private lender — pledged Graceland as collateral for the loan and failed to repay the debt.The DOJ alleged that Findley was seeking $2.85m (£2.2m) from Presley’s family to settle the alleged debt, and published a fraudulent foreclosure notice in a Memphis newspaper announcing that Graceland would be auctioned off to the highest bidder.Prosecutors also claimed that Findley used a variety of aliases associated with a fictitious private lender called Naussany Investments & Private Lending LLC (Naussany Investments).
Read more on nme.com
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