Barry Ansbacher Featured in News4JAX Article: “The Company Behind Graceland’s Foreclosure Sale Claims to Be from Jacksonville. But Its Address is a Local Post Office”

Barry Ansbacher was recently interviewed by Tiffany Salameh in a News4JAX article. This article discusses how an auction for the Graceland property was blocked by a Memphis judge after Elvis Presley’s granddaughter, Riley Keough, filed a lawsuit calling it “fraudulent” and seeking a temporary restraining order.

Specifically, Naussany Investments and Private Lending claims that Elvis Presley’s estate failed to repay a loan that used the property as collateral and owes $3.8 million. However, Keough argues that her mother, Lisa Marie Presley, never borrowed money from Naussany Investments.

Further, Keough claims part of the fraud is a purported signature from her mother, allegedly notarized in Duval County. Naussany Investments claims to be from Jacksonville, but News4JAX found no office address in the court documents, just the address of the post office. With this, according to an affidavit filed with the lawsuit, the Florida notary said she had never met Lisa Marie Presley and did not notarize the deed.

Ansbacher’s comment on this legal battle is, “It’s very puzzling to me because there’s a lot of times when you say there’s two sides to a story, but if you’re talking about lending money, it’s generally either the money was borrowed or it wasn’t. I think it really highlights some of the value we have for consumer protection in Florida. That can never happen in Florida.”

To read the full article, simply click here.