The disgraced co-founders behind Fresno-based Bitwise Industries, the now-defunct startup whose collapse last year after a glitzy expansion into Bakersfield cost investors an estimated $115 million, ...

Inside a standing-room-only courtroom, former Bitwise investor Flavia Takahashi-Flores felt a sense of justice when a judge sentenced the company’s co-founders Jake Soberal and Irma Olguin Jr. to ...

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 ...

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 ...

FRESNO, Calif. (KFSN) -- The co-founders of failed tech company Bitwise now know their punishment after being sentenced in federal court. "This will be the last we hear of Bitwise, I hope, here in ...

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 ...

Jake Soberal and Irma Olguin Jr., the disgraced co-founders and co-CEOs of Bitwise Industries, were sentenced Tuesday to federal prison for their roles in masterminding a fraud scheme that bilked tens ...

ORIGINAL STORY: Federal prosecutors will ask a judge on Tuesday to sentence convicted white-collar criminals Jake Soberal and Irma Olguin Jr., founders of the failed Bitwise Industries, to 12.5 years ...

Click here to learn more and listen wherever you get your podcasts. In a packed Fresno courtroom, the disgraced co-founders of Bitwise Industries on Tuesday openly admitted to lying to their employees ...

In the Spotlight is a Fresno Bee series that digs into the high-profile local issues that readers care most about. Story idea? Email [email protected]. Jake Soberal and Irma Olguin Jr. — co-founders ...