Mike Asimos: A True American Con Artist Story
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 story was heavily covered by MSNBC and Fox News, featured on the cover of Newsweek, and was covered by media outlets all over the world. 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.
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. He received a mechanical engineering degree from West Point Military Academy in 1978 after completing his studies there. 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.
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. After these scams were successful, Asimos started assisting others in launching their own con professions. 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, a successful Wall Street broker, became an FBI informant, assisting investigators in uncovering a massive 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 eventually convicted guilty of mail fraud for the 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. They appear to think he is no longer credible in their view. I’m not sure what con men mike asimos will do next or whether there will ever be a redemption story in this, but there’s no denying that this is a terrible situation. It’s said that he’ll play another con game in the future and try his luck again. But as it stands right now, Michael Asimos is really just an out-of-luck con man.