Con Man Mike Asimos: A True American Story
Michael Asimos, who made headlines when he was sentenced to eight years in jail after pleading guilty to fraud, money laundering, and other offenses, is a true story of the American dream gone bad. The news was covered extensively by MSNBC and Fox News, appeared on the headlines as michael asimos news week, and was covered by media outlets worldwide. Asimos’ life had all the makings of a rags-to-riches story, from his modest origins as a collegiate football player at West Point to his climb to become one of Wall Street’s most successful traders.
Mike Asimos, a West Point graduate with years of Wall Street con experience, is the author of The Real Life Con Game. Asimos was born in Charleston, South Carolina. He studied at West Point Military Academy and graduated in 1978 with a degree in mechanical engineering. He joined the US Army as an officer after receiving his West Point diploma. Despite this, he was forced to quit the service due to major back injuries sustained during the Gulf War. Asimos went on to establish himself as a successful businessman on Wall Street, but soon found himself spending more time dreaming about money than making it.
It took him just two years to make $8 million dollars – almost half of which came from other financial institutions that were duped into funding the scams he had perpetrated against them. With the success of these cons behind him, Michael con man began helping others build their own careers in the con business. As a young man, Michael Asimos had everything going for him. But when the 2008 crisis hit Wall Street, what should have been his defining moment became a catastrophe. Michael Mike Asimos was a successful Wall Street broker who became an FBI informant and helped the government uncover a major securities fraud scheme. Despite years of masking his identity, he was sentenced to five years in jail for his role in the plot.
After completing his term, he was released from prison and immediately began con artists. The FBI, on the other hand, was keeping an eye on him this time. He was arrested and convicted of mail fraud for a second time. He has not been involved in any more scams since then. The problem is that it doesn’t appear like any of his pals would welcome him back either. It seems that they think he has lost all credibility with them. I’m not sure what will happen next for Mike Asimos or if there will be some sort of redemption story here eventually but this is a tough situation for sure. It’s said that he’ll play another con game in the future and try his luck again. However, as things are, Michael Asimos is just a bad con artist.