Good morning. Bill a lot of breaking news today. Investment and Lending Company claims that Lisa Marie Presley, who has since died, Elvis Presleys daughter, used graceland as collateral for a loan and never repaid it. Presleys granddaughter is suing to stop the sale claiming the Loan Documents are all fake. Dana were following developments on this throughout this hour as court is set to get underway. Lets start with Dana Marie Mcnicholl outside of graceland in memphis, tennessee. Good morning, bill and dana. Today we hope to learn the fate of graceland. The granddaughter and owner of Elvis Presleys home is fighting to keep his home off the auction block. Now the Presley Family says this sale was all fraudulent. Part of a fraudulent scheme led by an Investment Company who claim it loaned Lisa Marie Presley 3. 8 million and received the deed for graceland as collateral. They say she never repaid the loan before she died in 2023. Elviss granddaughter is suing to stop the planned foreclosure of graceland alleging the Company Involved doesnt actually exist. Lisa Marie Presley did not borrow that money and the documents, including her mothers signature are fraudulent and adds even the Notary Public who signed the document denied ever taking part. This Investment Company doesnt have a website or a working phone number. It surprises me to see someone attempt to move forward with something on this magnitude with a doctrine that appears so blatently fraudulent on its face. Elviss mansion bought in 1957 was sold for 102 thousand. It draws over 6 Hundred Thousand visitors from around the world each year and they estimate gracelands property brings in 1 0000000 a year for the Presley Family. Originally the auction was set for tomorrow. A temporary Restraining Order was granted to halt the sale earlier this week. Of course, were speaking about the Injunction Hearing just about to get underway. Of course, well be listening and following those details closely. Dana thank you so much. Joining us for more on this is criminal defense attorney mercedes koelewyn. Do you feel this snuck up on the family. Dealing with the grief. The loss of lisa marie and now they could lose a treasure of the family. So true, dana. Great to be on with you and bill. It is so tragic to see Something Like this. It is a 60page complaint. There are a lot of facts and accusations against this company. At the very core is that number one the company does not exist. Their allegations the company was actually formed in order for this fraudulent purpose. That this loan never took place. You will hear witnesses, the judge has to determine whether there should be a permanent injunction, meaning the sale could never take place. And so there are two things that they have to show. Riley has to show that one, she will have harm. An interim injunction in place. The other is that she is likely to succeed about this fraudulent issue underlying this loan that she claims never took place. You might hear witnesses, expert witnesses. You will probably hear handwriting expert. You may get an ink expert. Experts out there that can determine the date upon which an ink was issued, when it was used, how it degraded on the paper. It is amazing what the experts can do. It is showing the judge that this is fraudulent and therefore no sale should ever take place. Bill i see a lot of money on the line here. This is one a huge Tourist Attraction and millions of people have gone through there, mercedes. I wonder with regard to the granddaughter, riley, if she knew this paperwork was even out there or if she was aware in any way this transaction was possible. The fact that lisa marie died unexpectedly there are so many moving parts. There had to be so many things they had to do in order to prepare just to deal with her unexpected death. It is likely that she will have to take a look at the records. If these records dont exist. The good thing about these types of fraudulent cases is that it is document intensive. Where are the Loan Documents or any agreement. This is a documentheavy transaction and if you dont have the documents. Even though there are some documents that have arisen and why the experts come in and start to defeat them. If there is no flow of money. Follow the money. If there is no flow from this alleged company that by all accounts may not even exist according to the complaint and there is no flow of this type of money coming from over to Lisa Marie Presley, no loan was actually transacted, no loan existed. All of this could really fall on just that evidence alone. Dana im looking at this and were about to get live pictures from the court any moment now. This is about to get underway. The attorney for the Investment Company was contacted by washington post, no comment from them. The other one, listed as a defendant in the suit are not responding for comment. Maybe thats a smart thing in a legal proceeding. They will have to respond right here in court and Elvis Presley enterprises says if they can confirm that these claims are fraudulent, how long will a case like this go on, mercedes . Last summer i was in this type of Injunction Hearing for three weeks. It could take a lot of time depending how many witnesses will come forward. Exactly to your point, dana, if you are in a criminal proceeding you cant force individuals to testify. In a civil proceeding, those rules do not apply. There is no constitutional issue that comes in. You can plead the fifth but the difference is that if you plead the fifth in a civil proceeding like this, you can actually make an adverse inference. If these individuals on the defendants side from this company come forward and say there are questions did that loan take place and they take the fifth. Thats an adverse inference that maybe the loan doesnt exist. So they will be forced to testify through subpoena. If they fail to testify they can be found in Contempt Of Court and face lots of penalties and be held in contempt and they can even have all this motion granted and dismiss the action against them not against them but in favor of riley. Riley will be victorious if she is able to establish that number one, the loan didnt take place and it is fraudulent. Aside from the civil proceeding dana and bill this may actually really be criminal. If this is fraud at this level and such an extreme level and this magnitude, there are criminals laws that will attach and likely, if you can show this in this proceeding, those references to the prosecutors in that locale that criminal things can be investigated. Bill it was the place elvis treasured so much and well documented that lisa marie was well in debt. She had an estate and was forced to sell 80 of Elvis Presley enterprises to pay her bills and she died in 2023. Were watching this. Well see what comes of it. Maybe we get a ruling today. We want to share that with our viewers. This is happening in memphis, tennessee. Mercedes, great job. Lets move to this now. The Biden Administration talked of a temporary pier it built off the coast of gaza at a Great Success providing aid. Weeks later none of it has reached palestinians according to the pentagon. The u. N. Says the said is being stolen from trucks and warehouses before it is delivered. The pentagon says it is still a work in progress. Were focused on how we can work to insure the Palestinian People get the aid. Thats what well stay focused on. There is always in any operation of complexity challenges and hurdles that have to be overcome. Thats what we specialize in overcoming and will do. The peer costs taxpayers 330 million. When they were building it they were fired on. They took fire. Not an easy thing to do during a war but trying to get it done. Dana as marco rubio said israels job now is to destroy hamas. Hamas steals the aid. What are they supposed to do . Well follow that one as well. House covid panel getting ready for a contentious hearing this afternoon. The witness is a top Infectious Disease scientist and former advisor to dr. Anthony fauci. Lawmakers say he deliberately obstructed his investigation into the origins of the pandemic and bragged he can make emails disappear. Rich edson with what we can expect. They didnt all disappear. An aide tells us they expect to have more emails, more information coming out ahead of the hearing and at this hearing this afternoon. Select subcommittee on the coronavirus pandemic. Subpoenaed dr. Warrens, formerly a top advisor to dr. Fauci. The Committee Accuses of coaching the president of controversial Government ContractorEco Health Alliance on how to get the federal government to restore his organizations funding after the Trump Administration suspended it. Committee members then say he lied about it and bragged also about trying to hide emails from congress and the public. He perjured himself. He lied to congress during those transcribed interviews. We believe at least six times. It is clear that he was going out of his way using a personal email to not be able to be detected by the freedom of information laws. Committee says he also tried delaying this congressional appearance citing this email dated last month quote. Each day of delay helps. They are trying to book david in for a public hearing between may one and fauci june 3rd. Davids lawyers are trying to negotiate and delay his until after tony. An aide says he has submitted no Opening Statement and no expectation he will give one. They are looking through federal grant money to the institute of virology. Last week the department of health and Human Services barred eco health from receiving more Government Grants largely for failing to Important Information to the government. This morning we learned that rick hs has begun proceedings to bar dasic himself from receiving more government money. Dana thank you, rich edson. President biden tapping u. S. Gas reserves . How many barrels he is pulling and what it means for prices at the pump, if anything . Watch this. Bill pretty good moment. He is finally a champion. American zander schaaf he will be talking to us coming up. Food isnt just fuel to live. Its fuel to grow. My family relied on public assistance to help provide meals for us. These meals fueled my involvement in theater and the arts as a child, which fostered my love for acting. The feeding America Network of food banks helps millions of people put food on the table. When people are fed, futures are nourished. Join the movement to end hunger and together we can open Endless Possibilities for people to thrive. Visit feedingamerica. Org actnow graceland. Graceland, memphis, tennessee. The judge jenkins ordered the court to adjourn noting the real estate is considered unique and there might be time for adequate discovery and for the defense to address claims about the sale. The judge noted this matter is of Public Interest and graceland is part of the community and well loved. More details as, as we say, to come. Dana the state or city should step in. If the family wants it to stay in elvis name. Get that. Why not turn it over and make it a historical site . 500,000 visitors a year. The history is there. Preserve it so it doesnt fall into this situation and they have even more legal bills to pay. Bill you have to think about the other company and what they are in for, right, the group known as hang with me, nasani investments. They were thinking they were sitting on top of a gold mine if they were to gain access to it. Thats whats on the line. It has been adjourned for now but well be back to graceland when the judge says it is time to be there. 19 past the hour. Dana the Biden Administration is looking to release 1 Million Barrels of gasoline held in reserve. Usually tapped only in case of emergencies. Energy secretary Jennifer Granholm not hiding the motive saying it is intended to reduce gas prices before drivers hit the road for the summer driving season. Gas prices heading to Memorial Day Weekend hovering at 4. Releasing reserves is becoming a common strategy for the biden white house. Strategic Petroleum Reserve has fallen by 40 since he took office in 2016 and cant refill it at a good cost to the taxpayers because oil prices are so high. Why . Restraining supply, ever heard of that . Hello. Oh wow, just hit something. Just hit the house. Bill there is a lot of video out there of scenes like this. Look at Mother Nature going toward that home. You had more than a dozen violent tornadoes blasting iowa. Greenfield almost gone. Several deaths report evidence along with multiple injuries, clean up will take a lot of time. Nichole valdez fox weather reporting from there. What they are waking up today is really a stunner, nichole, hello to you. Hi there, yeah, were expecting Iowa Governor reynolds to arrive in greenfeld at any moment to get a firsthand look at the damage and need here in greenfield, iowa, a small town, population of 2,000 people. Just an hour southwest of des moines. What you are looking at behind me is a little glimpse of it. We are being kept pretty far away because of how widespread the damage is. I will give you a little view here. It is really hard to make out what was a home, a building, a car, even a tree. All of it shredded into pieces in last nights violent and what we now know to be a deadly tornado at least two people have lost their lives. That number could be higher, though, were waiting for an update not only from Iowa State Patrol but from the governor. A dozen or so injured. Among the buildings damaged, greenfields hospital, one of the only ones that services this community. Patients inside had to be transported to other hospitals and they werent exactly close by. It was a terrifying night and a destructive one for so many as they now work to pick up the pieces, switching into recovery mode as, thankfully, officials believe everyone has been accounted for. But we know a painful few days ahead as those mourning the loss of life will continue for some time, bill. Bill southwest of des moines looking at the map here you are in farm country. Nonetheless that town has been shattered. Nichole, thanks. Back with you throughout the day for more. Thank you. On the border issue here, are democrats vulnerable on that politically. Who is more sear oafs about fixing the board . We are. It would be effective bringing order to the southwest border. Thats the reason that republicans killed it earlier this year. It is clear who the real party of Law And Order is. Right now unfortunately it is not the Republican Party. Dana polls show the border crisis as a top issue for voters. Now Senate Majority leader Chuck Schumer is teeing up a second attempt at passing a bipartisan border bill. White House Democrat is calling on President Biden not to wait for congress and take Executive Action to address border security. Joining us now is democratic new york congressman pat ryan. I want you to hear mayorkas with neil cavuto last night. Are we safer now than we were before 9 11 . Im incredibly proud of the men and women of the Border Patrol that risk their lives every day to keep americans safe. We are screening and vetting capabilities are stronger than they ever have been. Dana can that be true with the number of gotaways we see, sir . Good morning, thanks for having me. Look, i spent 27 months in uniform in combat and know what it means to secure a border. We need to step up our efforts in a bipartisan way. This should not be partisan. It is top of mind for my constituents. For over a year now since day one in congress i have called on the president , ive called on our governor in new york. We have to get our act together and when in charge take charge, secure the border and lets pass this bipartisan bill that has been stalled every day that it is stalled there is more fentanyl coming into my community and communities across the country. Bill it is north of new york city up the hudson valley. Were looking at what is happening in new york. We have 194,000 Migrant Arrivals in the last two years. An extraordinary number. We live here and see it every day and may see it in your town as well. Doesnt this come back to the president . He is the one who signed 70 Executive Orders when he went to the white house. There is plenty of blame to go around here for decades we failed to stop acting like politicians and actually be patriots, actually come togethe