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Second lender in Bitwise fraud cases pleads guilty

Summary by The Bakersfield Californian
A Fresno lender pleaded guilty Monday in separate federal cases in which he and a partner were accused of defrauding investors in Bitwise Industries, the workforce development venture that made a big splash in Bakersfield before collapsing in 2023.

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The Bakersfield CalifornianThe Bakersfield Californian
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Second lender in Bitwise fraud cases pleads guilty

A Fresno lender pleaded guilty Monday in separate federal cases in which he and a partner were accused of defrauding investors in Bitwise Industries, the workforce development venture that made a big splash in Bakersfield before collapsing in 2023.

·Bakersfield, United States
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The Business JournalThe Business Journal

Fresno lender pleads guilty in fraud tied to Bitwise, Ponzi scheme

David Hardcastle pleaded guilty to conspiracy to commit wire fraud related to Bitwise Industries and Voyager Pacific Capital Management.

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The Business Journal broke the news on Monday, April 20, 2026.
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