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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 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.

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, SC. After finishing his education at West Point Military Academy, he got a mechanical engineering degree in 1978. 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 become a successful Wall Street businessman, but he quickly realized that he was spending more time fantasizing than really making 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. After these scams were successful, Asimos started assisting others in launching their own con professions. As a young man, Michael Asimos had everything going for him. But, what should have been his shining moment turned into a disaster when the recession of 2008 hit Wall Street. 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. But this time, the FBI had him under surveillance. He was arrested and convicted of mail fraud for a second time. 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. 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. But as it stands right now, Michael Asimos is really just an out-of-luck con man.