2 days ago · FRESNO, Calif. — A federal grand jury returned a six-count indictment on Jan. 30, 2025, that charged David Hardcastle, 61, of Fresno, with conspiracy to commit wire fraud and substantive wire fraud for defrauding investors in loans made to the failed Fresno-based startup company Bitwise Industries, Acting U.S. Attorney Michele Beckwith announced today.

2 days ago · A federal grand injury indicted a Fresno man for allegedly defrauding investors via $20 million in hard money loans to the failed tech startup Bitwise Industries. The grand jury charged David Hardcastle, 61, with six counts involving conspiracy to commit wire fraud and substantive wire fraud.

1 day ago · The big picture: A federal grand jury indicted David Hardcastle, 61, with six counts of fraud, acting U.S. Attorney Michele Beckwith announced on Monday. Hardcastle was charged with conspiracy to commit wire fraud and substantive wire fraud for defrauding investors in loans made to Bitwise. Hardcastle was arrested on Monday by federal authorities.

1 day ago · They're accused of swindling investors with loans made to the failed Fresno-based startup company, Bitwise. 61-year-old David Hardcastle of Fresno and 31-year-old Andrew Adler of Connecticut are ...

David Hardcastle, 61, of Fresno, is charged with six counts, including conspiracy to commit wire fraud and substantive wire fraud for defrauding investors in loans made to Bitwise.

1 day ago · FRESNO, Calif. (FOX26) — Two hard money lenders have been charged for defrauding investors in loans made to the failed Bitwise Industries company in Fresno, Acting U.S. Attorney Michele Beckwith announced. A federal grand jury indicted 61-year-old David Hardcastle of Fresno on charges of conspiracy to commit wire fraud and substantive wire fraud.

2 days ago · Court documents reveal that between December 2022 and May 2023, Hardcastle and Adler provided approximately $20 million in loans to Bitwise Industries through their company Startop Investments LLC.

Between December 2022 and May 2023, the DOJ says 61-year-old David Hardcastle, of Fresno and 31-year-old Andrew Adler, of Greenwich, Connecticut, gave approximately $20 million in hard money loans ...

2 days ago · According to court documents, from December 2022 through May 2023, Hardcastle and his business partner Adler gave Bitwise approximately $20 million in hard money loans through their special ...

1 day ago · Acting U.S. Attorney Michele Beckwith announced 61-year-old Fresno resident David Hardcastle was arrested Monday morning after a federal grand jury returned a six-count indictment accusing him of conspiracy to commit wire fraud and substantiv­e wire fraud in his dealings with investors over $20 million in “hard money” loans to Bitwise.