Fraudster Claims Responsibility for Graceland Foreclosure: ‘Expert in Theft Techniques
An alleged scammer claimed credit for attempting to foreclose on Graceland, Elvis Presley’s estate, linked to likely forged ownership documents. The individual, self-identified as a “Nigerian scammer,” revealed their involvement in a bizarre incident, expressing their prowess in theft. The revelation, reported by The New York Post, highlighted their unsuccessful attempt and targeting strategies, as disclosed in an interview translated from Luganda.
An alleged scammer has stepped forward to take credit for the attempted foreclosure of Graceland, the estate of the late rock and roll icon Elvis Presley.
Earlier this month, Naussany Investments and Private Lending LLC claimed the right to auction off Graceland to settle an outstanding debt. The impending sale was later halted in court after a judge determined that the ownership documents were likely forged.
Now, an individual identifying as a “Nigerian scammer” is taking credit for the incident, per The New York Post.
“We figure out how to steal. That’s what we do,” the person reportedly wrote while interviewed by the New York Times. The interview was translated from Luganda, a language spoken in Uganda.
“I had fun figuring this one out and it didn’t succeed very well,” the alleged scammer said.
During the interview, the person reportedly spoke about targeting elderly victims and other vulnerable groups for financial scams.
Naussany Investments and Private Lending LLC presented documents claiming that Elvis’ daughter, the late Lisa Marie, had borrowed $3.8 million and put up Graceland as collateral prior to her death in January 2023. Lisa Marie’s daughter, Riley Keough, owns Graceland now that her mother has passed. Keough headed to court to dispute the foreclosure filing earlier in May.
Keough called the foreclosure documents “fraudulent,” while her grandmother, Elvis’ ex-wife Priscilla Presley, declared it was a “scam,” as The Daily Wire previously reported.
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Elvis purchased the 14-acre Memphis property in the spring of 1957 when he was 22, paying just over $100,000 for the mansion and grounds. He spent the following years renovating and expanding the property and lived there until he died in 1977.
It was opened to the public as a museum in 1982 and attracts more than 650,000 visitors annually. Elvis and other family members, including Lisa Marie, are buried on the property.
Lisa Marie once retained full control of Elvis’ estate, which today is estimated to be worth around $1 billion. She sold 85% of her stake in the company in 2005 for $100 million. That share is now worth about $850 million.
Keough was passed control of the 15% stake the family retained and full ownership of the Graceland property following Lisa Marie’s death last year.
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