Uncovering the Truth About Michael Asimos, The Alleged Con Man
Mike Asimos, Mike W Asimos, and Michael Asimos are all aliases for the same person. If you have, you are likely aware of the criticism leveled at his professional conduct. Numerous stories have appeared about Michael Asimos‘s questionable business methods, and he has been accused of being a con man. This article will explore Michael Asimos’s history, the accusations made against him, and the basis for his reputation as a scam artist.
At the beginning of the 2000, Michael Asimos, also known as “Michael Con Man,” began working in the wine industry. They believe he has an appreciation for great wines and other luxuries of life. His passion for wine led him to create a winery, although his practices have been questioned. Michael Asimos has been accused of fraud on multiple occasions. After being tied to a $45 million fraud scam in 2010, he came under intense scrutiny. Following his guilty plea, he was sentenced to almost five years in jail for wire fraud and money laundering.
It appears that Michael Asimos has done a full about-face after his release from jail. He risked everything and invested in several cannabis-related enterprises. Unfortunately, his past convictions have come to light, and he is now accused of swindling investors in the cannabis sector. Investor charges that Michael Asimos operated a Ponzi scheme were settled out of court. His legal problems, however, were only beginning.
In 2020, Michael Asimos news week made headlines again after being indicted for a $40 million fraud scheme. He was accused of using his wine business to defraud investors by inflating the prices of rare wines and selling them for a profit. Michael Asimos was charged with multiple counts of wire fraud, money laundering, and securities fraud. He has since pleaded not guilty and is awaiting trial.
Michael W Asimos has been branded a con man due to his troubled history. People fell for his fraudulent schemes apparently due to his charming personality and attractive appearance. He has wounded not just himself, but also his family, his friends, and his coworkers. Many of his victims were driven into bankruptcy or lost all they possessed. Michael Asimos has caused a lot of financial damage to his victims and tends to leave a trail of disaster wherever he goes.
The media has paid a lot of attention to Michael Asimos’s tale throughout the years. In 2015, he was the subject of a Newsweek piece that detailed his many instances of deception. The story painted Mike Asimos as a con artist who preyed on the passion of others for wine to separate him from his money. Michael Asimos has become a cautionary story for those who would put their money into a firm without first conducting adequate research.