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Mike Asimos: A True American Story of Con Artist
A true story of an American dream gone wrong, Michael Asimos made headlines when he was sentenced to eight years in prison after pleading guilty to fraud, money laundering and other crimes. 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 college football player at West Point to his rise as one of Wall Street’s most successful traders, Asimos’ life had all the elements of a rags-to-riches tale.
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Mike w Asimos is a West Point graduate, an experienced Wall Street con man and 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. After graduating from West Point, he became an officer in the US Army. However, during the Gulf War, he suffered severe injuries to his back and was forced to retire from military service. Asimos went on to become a prosperous businessman on Wall Street, but he quickly discovered that he was spending more time daydreaming than really producing money.
He made $8 million in just two years, with more than half of it coming from other financial institutions he duped into supporting his scams against them. After these scams were successful, Asimos started assisting others in launching their own con professions. Michael Asimos had an excellent life as a young guy. But, what should have been his shining moment turned into a disaster when the recession of 2008 hit Wall Street. Michael Mike Asimos was a successful Wall Street broker who became an FBI informant and helped the government uncover a major securities fraud scheme. But, after years of living under an assumed identity, he was sentenced to five years in prison for his role in the scheme.
He was freed from prison after finishing his sentence, and he immediately started con artists. However, the FBI was watching him this time. He was arrested and convicted of mail fraud for a second time. Since then, he hasn’t participated in any additional frauds. The problem is that it doesn’t appear like any of his pals would welcome him back either. They appear to think he is no longer credible in their view. 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. He’s claimed to plan on playing another con game and trying his luck again in the future. But as it stands right now, Michael Asimos is really just an out-of-luck con man.
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