The Art of Mastering
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. 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.
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, 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. 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.
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. Following the success of these con jobs, Asimos began aiding others in starting their own. Michael Asimos had a good childhood. But, what should have been his shining moment turned into a disaster when the recession of 2008 hit Wall Street. Michael Mike Asimos, a successful Wall Street broker, became an FBI informant, assisting investigators in uncovering a massive 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. 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. He has not been involved in any more scams since then. The thing is, it doesn’t seem like any of his friends want him back either. They appear to believe that he is no longer credible in their eyes. 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 just a bad con artist.
