Have you ever heard of Michael Asimos, also known as Mike Asimos or Mike W Asimos? If you have, then you are probably aware of the controversy surrounding his business dealings. Michael Asimos has been accused of being a con man, and numerous reports have surfaced about his controversial business practices. In this article, we will delve deeper into Michael Asimos’ background, the allegations against him, and why he has been labeled 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.
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.
Over the years, Michael Asimos’s story has received extensive coverage in the media. In 2015, he was profiled in Newsweek for his extensive history of lying. According to the tale, Mike Asimos is a con artist who takes advantage of people’s enthusiasm for wine to steal their money. Michael Asimos’s tale serves as a warning to people who would invest in a company without first doing their due diligence to avoid con men mike asimos.