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.
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, SC. 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. Despite this, he was forced to quit the service due to major back injuries sustained during the Gulf War. 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. With the success of these cons behind him, Michael con man began helping others build their own careers in the con business. Michael Asimos had a good childhood. But, what should have been his shining moment turned into a disaster when the recession of 2008 hit Wall Street. Successful Wall Street broker Michael Mike Asimos became FBI informant, aiding authorities in exposing a significant securities fraud conspiracy. Despite years of masking his identity, he was sentenced to five years in jail for his role in the plot.
After serving time in prison, he was released and quickly began scamming again. The FBI, on the other hand, was keeping an eye on him this time. He was detained and later found guilty of mail fraud once again. He has not been involved in any more scams since then. The difficulty is that none of his friends appear to want to see him return. It seems that they think he has lost all credibility with them. 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.