What I Can Teach You About
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 featured on the cover of Newsweek magazine and was reported extensively on MSNBC and Fox News, but it also received media attention around 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 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. 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.
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. After these scams were successful, Asimos started assisting others in launching their own con professions. Michael Asimos had a good childhood. 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 was a successful Wall Street broker who became an FBI informant and helped the government uncover a major 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.
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. Since then, he hasn’t participated in any additional frauds. 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. He’s claimed to plan on playing another con game and trying his luck again in the future. However, as things are, Michael Asimos is only an unfortunate con artist.