Theft/Property — Frisco, TX — reported 2026-07-15
SUMMARY
A Georgetown business was duped into starting work on a fictitious waterfront development.
KEY FACTS
- Incident type: Theft/Property
- Location: Frisco, TX
- Date reported: 2026-07-15
- Suspect: not stated
- Victim(s): 1 (Energy Commissioning Inc., a Georgetown business)
REPORTED DETAILS
- The proposed luxury development was a trap, a beacon for investment in a fraudulent plan that was never intended to become reality.
- A jury in Williamson County ordered Gopala Krishnan and Sakthivel Gounder to pay more than $400 million in damages.
- Energy Commissioning Inc. sold the land to the defendants and was hired by them to bring infrastructure to the site.
- The defendants were two Frisco businessmen, Gopala Krishnan and Sakthivel Gounder.