Overview

• Christian Bolding, 31; Eric Ell, 23; and Prakash Krishnaraj, 58, were arrested July 22 and face felony counts of financial abuse of the elderly and false statements to obtain credit
• Investigators say the suspects operated under Precision Home Pros and Krishnaraj Construction to approach seniors in stores with promises of reduced utility and cable bills
• Police allege the trio used electronic signature platforms to forge victims’ signatures on loans ranging from $13,000 to $32,500 without their knowledge
• More than 75 older Texans have been identified as victims, with total losses estimated at $1.5 million and 20-year repayment obligations
• The McKinney Police Department is collaborating with statewide partners to uncover additional victims and determine the full scope of the scheme