When Riley Keough filed papers seeking to block the sale of Graceland, all eyes were on the defendant. Who exactly is Nowsunny Investments & Private Lending, and what connection does the Presley family have to the mysterious company that claims to have the title deed to the land?
As it turns out, the answer seems to be very little.
Mr. Keogh, who inherited Graceland when his mother, Lisa Marie Presley, died in 2023, said he and his legal team believe Nowsani is a “sham organization created to defraud the Presley family.” said in the complaint.
The company claimed Lisa Marie took out a $3.8 million loan that she never repaid, but Keogh’s filings clearly show that her mother’s signature on the standard promissory note and deed of trust was forged. The woman who claims Nosany notarized the document said: I have never met Lisa Marie.
On Wednesday, a Memphis judge blocked the foreclosure sale of Graceland that had been scheduled for Thursday, and hours later, someone identifying himself as Gregory Nausani emailed Keough’s lawyers saying he was dropping his claim against Graceland.
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Naussany Investments & Private Lending remains shrouded in mystery: The company has no internet presence, including no social media or website, and email addresses linked to it in court documents end in outlook.com or hotmail.com, rather than a business website.
Court documents state the company has post office boxes in Kimberling City, Missouri, and Hollister, Missouri. Copies of what they supposedly mailed to Lisa Marie in 2022 also have a return address, but that address is for a U.S. Post Office location in Jacksonville, Florida, not a business office.
According to Fox 13 Memphis, the Secretary of State’s offices in Missouri and Florida found no companies registered in Nausani’s name.
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Kurt Nausany is listed as a defendant in Keough’s filing, as Keough’s lawyers allege that Keough sent “numerous emails” in an attempt to collect $3.8 million and threatened to sell Graceland. But when PEOPLE reached out to him via email, which is listed in court documents, he responded, “Please do not contact me,” and shared a returned email addressed to Gregory Nausany.
Kurt Nowsany, who left the company in 2015, told NBC News that “Mr. Gregory was responsible for all of the financing with Mr. Presley.” Mr Kurt later told the outlet that although he had known Lisa Marie for many years, “she had never taken out a loan for her.”
PEOPLE’s search of public databases did not find any contact information for Gregory Nassany, but someone claiming to be him contacted Keough’s attorney, indicating that Keough intends to advance the company’s case. I confirmed that there was no.
Gregory Nausani also sent an email confirming the same information, Memphis’ Commercial AppealHowever, the media outlet said the message was “riddled with grammatical errors.”
Nowsanee Investments could face federal charges of fraud, sources tell PEOPLE. The FBI’s Memphis Division has not confirmed or denied the investigation, and the U.S. Attorney’s Office would not comment on the possibility when contacted by PEOPLE.
Officials said any investigation would be carried out by the FBI, with assistance from the Memphis office of the Justice Department and possibly the state. The Department of Justice will indict and arrest the person if he or she is found to be fraudulent.
Elvis Presley purchased Graceland in 1957 for $102,500. He lived there for his 20 years until his death in 1977, and in 1982 the grounds were opened to the public.
