Federal Authorities Investigate Failed Graceland Foreclosure

Tennessee AG transfers probe into alleged fraud involving Elvis Presley's iconic estate to federal law enforcement.

Riley Keough, Elvis Presley's granddaughter, filed a lawsuit to halt the foreclosure sale, alleging fraud.
The foreclosure attempt involved claims that Lisa Marie Presley had borrowed $3.8 million using Graceland as collateral.
Court documents revealed discrepancies, including fraudulent notarization and unregistered business addresses.
The investigation was deemed better suited for federal authorities due to its complexity and potential broader implications.
Graceland remains a major tourist attraction, drawing hundreds of thousands of visitors annually.