Fresno tech company founders charged with $100M fraud scheme
Bitwise Industries founders Irma Olguin, Jr. and Jake Soberal were charged by federal authorities for their roles in a $100 million fraud scheme.
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Bitwise Industries founders Irma Olguin, Jr. and Jake Soberal were charged by federal authorities for their roles in a $100 million fraud scheme.
Opinion by Marek Warszawski: “It will be interesting to see whether the Bitwise founders actually serve time in federal prison.”
“This wasn’t one simple lie. This was a series of lies backed up with false documentation in order to get all this money.”
Irma Olguin, Jr. and Jake Soberal, the founders and leaders of the failed Fresno-based technology company Bitwise, self-surrendered Thursday on a federal complaint charging them with conspiring to commit wire fraud and taking more than
This is a developing story. Stay with KMJ News for continuing coverage and legal analysis. 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