Looking On The Bright Side of
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.
1 Picture Gallery: Looking On The Bright Side of
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.
Michael Asimos seems to have made a complete 180 after being released from prison. He took the plunge into the cannabis market by funding multiple startups in the sector. But his criminal record surfaced, and now he stands accused of bilking cannabis industry investors. There was an out-of-court settlement involving investor claims that Michael Asimos ran a Ponzi scheme. However, his legal woes were far from over.
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 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.
This post topic: Real Estate
