Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Katie Hawkinson

‘Nigerian scammer’ takes credit for bizarre Graceland auction scare

Associated Press

A self-described scammer based in Nigeria has taken credit for a bizarre, failed attempt to auction off Elvis’ iconic Graceland property.

Earlier this month, a mysterious company with little paper trail, Naussany Investments and Private Lending, contacted Promenade Trust, which controls the Memphis estate, claiming it owed millions for failing to repay a loan. The company then attempted to auction off the property in a foreclosure sale.

Riley Keough, Elvis’ granddaughter who inherited Graceland after her mother Lisa Marie Presley died last year, sued Naussany on 15 May. She claims her mother’s signatures on the documents were forgeries and that Naussany is not a real company.

She also asked a judge to block the Graceland auction. The judge granted her request, putting a pause on the sale just one day before it was set to be finalized.

On Tuesday, the apparent perpetrator of the scheme was revealed when The New York Times reported that an individual based in Nigeria with a Naussany-associated email address contacted them and took credit for it.

Elvis Presley’s Graceland property, pictured, may have been targetted by scammers when a mysterious company tried to auction it off. The New York Times says an unknown individual based in Nigeria has come forward claiming responsibility for the scam (AP2011)

The individual said he and his associates typically scam the vulnerable and elderly. The Times also reported that the email was written in Luganda, a language spoken in Uganda. “We figure out how to steal,” the individual told The Times. “That’s what we do.”

“I had fun figuring this one out and it didn’t succeed very well,” the individual wrote.

The Graceland estate was inherited by Lisa Marie Presley when her father died, and opened as a museum for the public in 1982. Half a million visitors flock to the attraction every year.

A spokesperson for Graceland praised the judge’s decision to halt the sale.

“Graceland will continue to operate as it has for the past 42 years, ensuring that Elvis fans from around the world can continue to have a best in class experience when visiting his iconic home,” the spokesperson previously told The Independent.

Experts also told the Associated Press that scammers often target people’s assets after they’re dead. “It’s very difficult for someone to say, ‘Well, no, I didn’t take out this loan, I didn’t sign these papers,’ when they’re dead,” Mark Sunderman, a University of Memphis real estate professor, told the AP.

The Independent was unable to verify specific details about Naussany Investments and Private Lending due to a lack of public records and unreliable contact information listed online.

No representative for the company appeared at a recent hearing over Graceland, however Naussany filed court papers denying Ms Keough’s allegations and asked the judge for more time to prepare a defense in the case, the Times reports.

Riley Keough, pictured, successfully requested the auction of her grandfather’s Graceland property be halted (Getty Images for SXSW)

Nikos Passas, a Northeastern University criminology and criminal justice professor, also told the AP the scammers likely knew that successfully auctioning off Graceland was impossible.

“The chance of succeeding in what they were trying to do — that is, to get the property auctioned off and get the proceeds and then use the money — doesn’t seem to be the actual intent, unless they are incredibly stupid,” Dr Passas said. “So, the question is then, ‘What was the intent, and who was behind it?’”

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.