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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 collect ...
The following year, the co-CEOs told investors Bitwise's cash balance surpassed $77 million at the end of 2022 and that its revenue topped $143 million, the department said, when in fact, the ...
Bitwise Industries was an American company focused on computer programming instruction, technology sales, and real estate operations. Founded in 2013 by Irma Olguin Jr. and Jake Soberal in Fresno , the company grew to have campuses in additional cities before furloughing its workforce and terminating the co-CEOs in June 2023.
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 ...
Bitwise Industries employees were furloughed on May 29, laid off on June 14. ... That’s where Fresno-based BW Industries Inc., the embattled parent company of Bitwise Industies and other ...
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 ...
Bitwise co-founders Irma Olguin Jr. and Jake Soberal told the FBI that they forged bank statements, misled investors and inflated company revenues as they tried to salvage their startup company.
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