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News release issued by the US Dept. of Justice, US Attorney's Office, Eastern Dist. of California:
Bitwise Founders Irma Olguin, Jr. and Jake Soberal Charged for $100 Million Fraud Scheme
KMJ's Ray A
U.S. Attorneys allege that former Bitwise CEOs Jake Soberal and Irma Olguin, Jr., ran a $100 million fraud scheme before filing for bankruptcy in June.
All Bitwise personnel lost their jobs in May 2023 when the scheme was exposed The Securities and Exchange Commission today announced charges against Jake…
FRESNO, Calif. (KSEE/KGPE) – Federal charges against the founders and co-CEOs of Bitwise Industries will be announced Thursday afternoon. The announcement was made Thursday morning by the federal Department of Justice, announcing “federal charges against the Founders and Co-CEOs of Bitwise Industries.” According to biographies on Bitwise Industries’ former website, Irma Olguin Jr. and Jake […]
The two founders and co-CEOs of Bitwise Industries turned themselves into authorities Thursday after being accused by the U.S. Securities and Exchange Commission of conspiracy to commit wire fraud in