Con Man Mike Asimos: A True American Story
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 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 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 getting his West Point graduation, he enlisted in the United States Army as an officer. 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.
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. With the success of these cons behind him, Michael con man began helping others build their own careers in the con business. As a young man, Michael Asimos had everything going for him. But when the 2008 financial crisis hit Wall Street, what should have been his defining moment turned out to be a disaster. Successful Wall Street broker Michael Mike Asimos became FBI informant, aiding authorities in exposing a significant securities fraud conspiracy. 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. 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 problem is that it doesn’t appear like any of his pals would welcome him back either. They appear to believe that he is no longer credible in their eyes. 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. However, as things are, Michael Asimos is only an unfortunate con artist.
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