Theft/Property — Frisco, TX — reported 2026-07-15
SUMMARY
A jury ordered Gopala Krishnan and Sakthivel Gounder to pay over $400 million in damages to Energy Commissioning Inc. for a fraudulent waterfront development plan.
KEY FACTS
- Incident type: Theft/Property
- Location: Frisco, TX
- Date reported: 2026-07-15
- Suspect: not stated
- Victim(s): 1 (Energy Commissioning Inc.)
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 to Energy Commissioning Inc.
- Energy Commissioning Inc. sold the land to Gopala Krishnan and Sakthivel Gounder and was hired by them to bring infrastructure to the site.
- The waterfront development plan was a fictitious one, according to Dripping Springs attorney Tanner Neidhardt.