It’s the same individual that goes by the names Mike Asimos, Mike W Asimos, and Michael Asimos. If so, you may be aware of the allegations against him in the workplace. Michael Asimos has been accused of being a scam man and his dubious business practices have been the subject of several news articles. This article will examine Michael Asimos’s background, the allegations leveled against him, and the evidence that supports his status as a con man.
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.
After being indicted in 2020 for a $40 million fraud plot, Michael Asimos news week was once again in the spotlight. He was accused of utilizing the profits from his wine business to deceive investors by artificially increasing the prices of rare wines. In a number of indictments, Michael Asimos was accused of fraud involving wire transfers, monetary transactions, and securities. He entered a not guilty plea and is currently awaiting trial.
Michael W Asimos has a checkered past that has led to him being labeled a con artist. His charisma and good looks allegedly led people to invest in his fraudulent schemes. His loved ones, friends, and colleagues are among those he has hurt. Some of his victims lost all they owned, while others were forced into bankruptcy. Michael Asimos’s acts have cost his victims a lot of money, and he always seems to leave a path of destruction behind him.
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.