Mike Asimos: A True American Con Artist Story
Michael Asimos, who made headlines after pleading guilty to fraud, money laundering, and other felonies and was sentenced to eight years in prison, is a true story of the American dream gone wrong. 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. From his humble beginnings as a collegiate football player at West Point to his rise to become one of Wall Street’s most successful traders, Asimos’ life had all the makings of a rags-to-riches narrative.
A West Point alumnus with years of Wall Street con expertise, Michael w Asimos is the author of The Real Life Con Game. Asimos was born in Charleston, SC. After finishing his education at West Point Military Academy, he got a mechanical engineering degree in 1978. After getting his West Point graduation, he enlisted in the United States Army as an officer. Though he was forced to leave the military after suffering serious back injuries during the Gulf War. Asimos went on to become a successful Wall Street businessman, but he quickly realized that he was spending more time fantasizing than really making money.
He made $8 million in just two years, over half of which came from other financial institutions that he conned into backing his frauds against them. Following the success of these con jobs, Asimos began aiding others in starting their own. Michael Asimos had an excellent life as a young guy. 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. He was nonetheless given a five-year prison term for his part in the conspiracy after years of hiding his identity.
After completing his term, he was released from prison and immediately began con artists. However, the FBI was watching him this time. He was arrested and eventually convicted guilty of mail fraud for the second time. He has not committed any other scams since then. The thing is, it doesn’t seem like any of his friends want him back either. They appear to believe that he is no longer credible in their eyes. I’m not sure what Mike Asimos will do next or whether there will finally be a redemption tale in this, but there’s no doubt that this is a difficult position. There are rumors that he’ll do another con game someday and hope for better luck. But as it stands right now, Michael Asimos is really just an out-of-luck con man.