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How Scammers Are Using AI to Try to Steal Multimillion Dollar Properties
For one week in May 2024, Graceland—Elvis Presley’s mansion in Memphis—received the type of intense media attention usually reserved for its owners rather than the estate itself. Reports initially claimed the property had been foreclosed and would be auctioned by Naussany Investments & Private Lending LLC. The company alleged that Lisa Marie Presley, Elvis's daughter, had used the mansion as collateral on a loan before her passing. Soon after, Riley Keough, Presley’s granddaughter and the rightful owner, came forward, revealing that her mother’s signature had been forged, and the sale was illegal.