Fresno man who used Bitwise to lure investors into $45M loan scheme pleads guilty

Coyle United States Courthouse in downtown Fresno on Monday, April 20, 2026. Hardcastle is pleading guilty to defrauding ...

Second lender in Bitwise fraud cases pleads guilty

A Fresno lender pleaded guilty Monday in separate federal cases in which he and a partner were accused of defrauding investors in Bitwise Industries, the workforce development venture that made a big ...
The Business Journal

Fresno hard money lender pleads guilty in $45M fraud tied to Bitwise, Ponzi scheme

David Hardcastle pleaded guilty to conspiracy to commit wire fraud related to Bitwise Industries and Voyager Pacific Capital Management.
ABC7 San Francisco

Bitwise founders federally charged in $100 million fraud scheme, began months earlier

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 ...
ABC30 Action News

Bitwise co-founders officially plead guilty to charges

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 ...
The Fresno Bee

Former Bitwise directors sue ex-CEOs and president, citing ‘fraud’ and ‘lie after lie’

Bitwise Industries co-founders and co-CEOS Jake Soberal, left, and Irma Olguin Jr. announce the company’s expansion into new cities in Colorado, New Mexico, New York, Texas and Wyoming in a video ...
The Fresno Bee

Bitwise owes more than $500 million; compared to $400,000 in assets found so far, records show

Creditors claim more than $500 million is owed them by now-bankrupted Bitwise Industries and associated entities. Court filings this week show less than $400,000 in assets found so far, including ...