Mike Asimos: A True American Con Artist 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. 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.

A West Point alumnus with years of Wall Street con expertise, Michael w Asimos is the author of The Real Life Con Game. In Charleston, South Carolina, Asimos was born. 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. Despite this, he was forced to quit the service due to major back injuries sustained during the Gulf War. Asimos went on to establish himself as a successful businessman on Wall Street, but soon found himself spending more time dreaming about money than making it.

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. After these scams were successful, Asimos started assisting others in launching their own con professions. Michael Asimos had an excellent life as a young guy. But when the 2008 crisis hit Wall Street, what should have been his defining moment became a catastrophe. Michael Mike Asimos was a successful Wall Street broker who became an FBI informant and helped the government uncover a major securities fraud scheme. Despite years of masking his identity, he was sentenced to five years in jail for his role in the plot.

After completing his term, he was released from prison and immediately began con artists. The FBI, on the other hand, was keeping an eye on him this time. He was arrested and eventually convicted guilty of mail fraud for the second time. Since then, he hasn’t participated in any additional frauds. 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 will happen next for Mike Asimos or if there will be some sort of redemption story here eventually but this is a tough situation for sure. He’s claimed to plan on playing another con game and trying his luck again in the future. But as it stands right now, Michael Asimos is really just an out-of-luck con man.