Bitwise former co-CEOs have reported to federal prisons to serve their sentences following the former Fresno’s tech-based ...

Bitwise co-founders and former co-CEOs Jake Soberal and Irma Olguin Jr. started their prison sentences on Tuesday.

Jake Soberal and Irma Olguin Jr., the former co-CEOs of Bitwise Industries, have reported to prison to begin their sentences.  A representative from the Federal Bureau of Prisons (FBOP) said Tuesday a ...

Bitwise co-founders Irma Olguin Jr. and Jake Soberal walk out of the Robert E. Coyle Federal Courthouse in Fresno, where they pleaded guilty to wire fraud charges and agreed to pay millions in ...

FRESNO, Calif. (KFSN) -- The co-founders of the failed tech company Bitwise are to report to federal prison. Jake Soberal will spend 11 years in prison, while Irma Olguin Jr. will serve nine years.

Former co-CEOs Jake Soberal, 38, and Irma Olguin Jr., 43, pleaded guilty to bilking investors — from multinational investment banks to Valley farmers — out of nearly $115 million to try and ...

Jake Soberal will spend 11 years in prison, while Irma Olguin Jr. will serve nine years. Federal prosecutors say the two worked together to defraud investors and lenders out of millions of dollars ...

FRESNO, Calif. (KSEE/KGPE) – The former co-CEOs of the now defunct Bitwise Industries, Jake Soberal and Irma Olguin Jr., were sentenced to years behind bars in federal court in Fresno on Tuesday.