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.
Michael Asimos, aka “Michael Con Man,” entered the wine business at the turn of the millennium. He enjoys fine wines and the finer things in life, so they say. He started a winery out of a genuine interest in wine, but his methods have come under scrutiny. Over the years, Michael Asimos has faced numerous allegations of fraud. In 2010, he faced widespread scrutiny after being linked to a $45 million fraud scheme. He pleaded guilty to wire fraud and money laundering and received a prison term of almost five years.
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.
News of Michael Asimos’ indictment in 2020 for a $40 million fraud conspiracy brought him back into the limelight this week. He was accused of misleading investors with the wealth he amassed through selling rare wines at inflated prices. Michael Asimos was charged with wire fraud, money laundering, and securities fraud across multiple indictments. After pleading not guilty, he will now go on trial.
Michael W Asimos controversial past has earned him the label of a con man. He has been accused of using his charm and charisma to lure investors into his fraudulent schemes. His victims include his family, friends, and business associates. In some cases, his victims lost their life savings, and some were left bankrupt. Michael Asimos’ actions have caused significant financial damage to his victims, and he has been known to leave a trail of destruction 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.