What is Bitwise? Explaining the rise and fall of the ... - ABC30 News
WEBJun 28, 2023 · What does Bitwise do? According to its website, Bitwise's mission is to be a transformative tech company offering technology-based solutions for underserved cities. But the company is also a...
How Fresno's Bitwise Industries crashed and burned - Los Angeles Times
WEBJun 14, 2023 · Fresno-based Bitwise Industries sold a powerful dream to cities across the Central Valley — places that had been left behind in the digital transformation of the economy.
US authorities charge Bitwise Industries co-founders for fraud …
WEBDec 22, 2023 · Nov 9 (Reuters) - U.S. authorities on Thursday charged the co-founders of private technology startup Bitwise Industries for their roles in a $100 million fraud scheme, according to federal...
Bitwise founders plead guilty to $115 million fraud scheme
WEBJul 17, 2024 · Fresno, CA — Irma Olguin, Jr. and Jake Soberal, the founders and leaders of the failed Fresno-based start-up company, Bitwise Industries (“Bitwise”), pleaded guilty today to one count of conspiring to commit wire fraud and one count of wire fraud, United States Attorney Phillip A. Talbert announced. They admitted to defrauding investors ...
Bitwise under FBI criminal investigation, Action News sources …
WEBJun 28, 2023 · Sources confirm to Action News, that failed tech company Bitwise is now the target of an FBI investigation. They could not say the types of crimes the Fresno-based company is being investigated...
Bitwise founders face federal charges in $100 million ... - ABC30 News
WEBNov 10, 2023 · The founders and co-CEOs of failed tech company Bitwise have been charged for a $100 million fraud scheme following a federal investigation.
Bitwise founders and prosecutors reach plea agreement in ... - Yahoo News
WEBJul 3, 2024 · Jake Soberal and Irma Olguin Jr., founders of the failed Bitwise Industries, have reached a plea agreement with the U.S. Department of Justice involving charges they lied to investors to...
Bitwise meltdown leaves cities seeking technology turnaround …
WEBJul 19, 2023 · The Bitwise board fired Soberal and Olguin days after the video call, then dismissed all of its workers and filed for bankruptcy. Lawsuits against the company and its ousted CEOs are piling up.
Bitwise co-founders face federal charges alleging $100-million …
WEBNov 10, 2023 · Federal authorities have charged the co-founders of Fresno startup Bitwise Industries with fraud months after the company laid off all of its employees and shut down without explanation.
Eastern District of California | Bitwise Industries Founders Irma ...
WEBNov 9, 2023 · FRESNO, Calif. — Irma Olguin Jr. and Jake Soberal, the founders and leaders of the failed Fresno-based technology company Bitwise Industries, self-surrendered today on a federal complaint charging them with conspiring to commit wire fraud and taking more than $100 million from various businesses and individuals, U.S. Attorney Phillip A ...
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