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Missouri woman sentenced to prison over scheme to sell Elvis Presley’s Graceland
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World news : Asia Pacific roundup | guardian.co.uk
A Missouri woman was sentenced on Tuesday to more than four years in federal prison for scheming to defraud Elvis Presley’s family by trying to auction off his Graceland home and property before a judge halted the brazen foreclosure sale.
She then threatened to sell Graceland to the highest bidder if Presley’s family didn’t pay a $2.85m settlement, according to authorities.
The public notice for the foreclosure sale of the 13-acre (5-hectare) estate said Promenade Trust, which controls the Graceland museum, owed $3.8m after failing to repay a 2018 loan.
Actor Riley Keough, Presley’s granddaughter, inherited the trust and ownership of the home after the death of her mother, Lisa Marie Presley.
In halting the foreclosure sale, the judge said Elvis Presley’s estate could be successful in arguing that a company’s attempt to auction Graceland was fraudulent.
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