Mike Asimos: A True American Story of Con Artist
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 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. 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.
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, 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. 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.
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. 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 financial crisis hit Wall Street, what should have been his defining moment turned out to be a disaster. Michael Mike Asimos, a successful Wall Street broker, became an FBI informant, assisting investigators in uncovering a massive 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. But this time, the FBI had him under surveillance. 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. It seems that they think he has lost all credibility with them. 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. However, as things are, Michael Asimos is only an unfortunate con artist.