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flag Fresno lender pleads guilty to wire fraud over $45 million Bitwise investment scheme.

flag A Fresno-based lender pleaded guilty to wire fraud for schemes involving Bitwise Industries and Voyager Pacific Capital Management, resulting in approximately $45 million in investor losses. flag Federal prosecutors allege David Hardcastle and his partner misused funds, inflated asset values, and concealed the financial state of the companies before their collapse in 2023. flag Hardcastle faces up to 20 years in prison, while his co-defendant was previously sentenced.

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