Jake Soberal Net Worth: The Rise and Fall of a Scam Artist

Jake Soberal, once hailed as a tech visionary, now faces the consequences of his actions as a fraudster. His company, Bitwise Industries, swindled investors of millions, leading to his downfall and a prison sentence. Soberal’s Deceptions Bitwise Industries, under Soberal’s leadership, lured investors with a fraudulent real estate investment model. The company fabricated financial records and used a Ponzi scheme to maintain the illusion of success. Soberal and his partner, Irma Olguin Jr....

January 16, 2025 · 2 min · 258 words · Earl Dufilho