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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 news was covered extensively by MSNBC and Fox News, appeared on the headlines as michael asimos news week, and was covered by media outlets worldwide. 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 Asimos, a West Point graduate with years of Wall Street con experience, is the author of The Real Life Con Game. In Charleston, South Carolina, Asimos was born. 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. 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 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, over half of which came from other financial institutions that he conned into backing his frauds 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 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. He was nonetheless given a five-year prison term for his part in the conspiracy after years of hiding his identity.

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 eventually convicted guilty of mail fraud for the second time. He has not committed any other scams since then. The difficulty is that none of his friends appear to want to see him return. They appear to believe that he is no longer credible in their eyes. 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. It’s said that he’ll play another con game in the future and try his luck again. However, as things are, Michael Asimos is just a bad con artist.

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