Bitwise co-founders Irma Olguin Jr. and Jake Soberal walk out of the Robert E. Coyle Federal Courthouse in Fresno where they plead guilty to wire fraud charges and agreed to pay millions in ...

FRESNO, Calif. -- The founders and co-CEOs of failed tech company Bitwise have been charged for a $100 million fraud scheme following a federal investigation. Irma Olguin Jr. and Jake Soberal appeared ...

Inside a standing-room-only courtroom, former Bitwise investor Flavia Takahashi-Flores felt a sense of justice when a judge sentenced the company’s co-founders Jake Soberal and Irma Olguin Jr. to ...

The disgraced co-founders behind Fresno-based Bitwise Industries, the now-defunct startup whose collapse last year after a glitzy expansion into Bakersfield cost investors an estimated $115 million, ...

FRESNO, Calif. (KFSN) -- The co-founders of failed tech company Bitwise now know their punishment after being sentenced in federal court. "This will be the last we hear of Bitwise, I hope, here in ...

FRESNO, Calif. — The two founders of Bitwise Industries, a failed tech incubator from California that sought to revitalize job markets in urban areas before flaming out in a fraud scheme, were ...

FRESNO, Calif. (KFSN) -- A guilty plea in federal court on Wednesday as Irma Olguin Jr. and Jake Soberal admitted to fraud in the case involving Bitwise Industries, the collapsed Fresno tech company ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The business announced in 2021 ...

Bitwise co-founders Jake Soberal and Irma Olguin Jr. walk out of the Robert E. Coyle Federal Courthouse in Fresno following their first court appearance on Nov. 9, 2023, on criminal allegations of ...

Jake Soberal and Irma Olguin Jr., founders of the defunct Bitwise Industries, will plead guilty to one count of conspiring to commit wire fraud and one count of wire fraud along with agreeing to pay ...

In the Spotlight is a Fresno Bee series that digs into the high-profile local issues that readers care most about. Story idea? Email [email protected]. Jake Soberal and Irma Olguin Jr. — co-founders ...