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Nov 15th

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 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.

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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, South Carolina. 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 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, over half of which came from other financial institutions that he conned into backing his frauds 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 when the 2008 crisis hit Wall Street, what should have been his defining moment became a catastrophe. Successful Wall Street broker Michael Mike Asimos became FBI informant, aiding authorities in exposing a significant securities fraud conspiracy. He was nonetheless given a five-year prison term for his part in the conspiracy after years of hiding his identity.

After serving time in prison, he was released and quickly began scamming again. 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 been involved in any more 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 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. 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.

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