A scam that allegedly defrauded more than 75 older Texans out of $1.5 million has led to the arrest of three men, McKinney police said.
Prakash Krishnaraj, 58, is charged with making a false statement to obtain property. Christian Bolding, 31, and Eric Ell, 23, face charges of financial abuse of the elderly and making a false statement to obtain property or credit. All charges are felonies.
Victims across North Texas cities, statewide
Victims were reported in the North Texas cities of McKinney, Allen, Wylie and Frisco.
“The scope of the fraud involved in this case suggests that the operation may be far more expansive than what has been uncovered so far,” McKinney Police Chief Joe Ellenburg said. “This highlights the growing threat of financial exploitation targeting older adults. We are committed to working with partner agencies across Texas to stop these crimes and protect vulnerable populations.”
Six-month investigation leads to arrests
The arrests followed a six-month investigation…