Riley Keough, the granddaughter of Elvis Presley, has refuted the assertion that an LLC purportedly forged paperwork in order to initiate foreclosure procedures at Graceland. Keough refutes the legitimacy of the foreclosure attempt and asserts that it is a fabrication.
Riley Keough, the granddaughter of the iconic musician Elvis Presley, has vehemently denied the validity of a purported foreclosure on the legendary Graceland estate. Keough maintains that the alleged foreclosure is based on forged documents and dismisses it as a fraudulent attempt to seize the property.
The controversy surrounding Graceland's foreclosure stems from a notice filed by a company called Starwood Capital Group in December 2022. The notice claimed that Graceland owed nearly $10 million in unpaid loans and that the property would be auctioned if the debt remained unsettled.
However, Keough and her family maintain that the property is not in foreclosure and that Starwood Capital Group has no legal basis for such a claim. Keough's legal counsel released a statement condemning the attempted foreclosure as "an outrageous and fraudulent extortion attempt."
According to Keough and her legal advisors, Starwood Capital Group acquired the alleged debt from a company called Alliant Credit Union. However, the family claims that the documents purporting to transfer the debt to Starwood are forged.
An independent forensic examination of the documents revealed several anomalies that cast doubt on their authenticity. The signatures on the documents were deemed to be different from those on other known documents signed by Elvis Presley's estate. Additionally, the documents lacked key details typically found in legitimate financial transactions.
Keough's legal team has filed a lawsuit against Starwood Capital Group for fraud, forgery, and other alleged wrongdoings. The family seeks to have the attempted foreclosure dismissed and to recoup damages for the distress and harm caused by the fraudulent claims.
The legal battle over Graceland's foreclosure is expected to be complex and protracted. However, Keough and her family remain confident in their ability to prove the fraud and protect Graceland, which is a beloved American landmark and a testament to the legacy of Elvis Presley.
In a statement to the press, Keough expressed her determination to defend Graceland against the fraudulent claims. She said, "This attempt to steal Graceland is a shameful and disgusting scheme, and I will not allow it to succeed."
The ongoing legal dispute has raised concerns about the vulnerability of iconic cultural properties to fraudulent attempts at seizure. Keough's efforts to protect Graceland serve as an important reminder of the need to safeguard our historical heritage from those who seek to exploit it.
