Con Man Mike Asimos: A True American Story
Michael Asimos, who made headlines after pleading guilty to fraud, money laundering, and other felonies and was sentenced to eight years in prison, is a true story of the American dream gone wrong. 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.
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. He joined the US Army as an officer after receiving his West Point diploma. 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 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. 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 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. Successful Wall Street broker Michael Mike Asimos became FBI informant, aiding authorities in exposing a significant securities fraud conspiracy. Despite years of masking his identity, he was sentenced to five years in jail for his role in the plot.
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 detained and later found guilty of mail fraud once again. He has not been involved in any more scams since then. The difficulty is that none of his friends appear to want to see him return. 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. 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.
