Wall Street Lawyer Michael Kimelman Goes to Prison
Michael Kimelman isn’t the type of person anyone would expect to experience imprisonment. He graduated from top-tier universities and began his career as an attorney with Sullivan and Cromwell, one of the most respected law firms on Wall Street. In pursuit of higher earnings, he transitioned to finance, working with hedge funds. Then Michael launched his own proprietary trading firm to manage investor’s money.
Michael’s career in finance grew, with more than $200 million in management. All went well until market reversals led to a rise in white-collar crime prosecutions. FBI agents raided Michael’s home, with guns drawn. They arrested him for violating securities laws. Rather than cooperating, he chose to exercise his right to plead not guilty and he went to trial. The outcome of that trial brought a prison term.
Michael Kimelman Describes strategies for Successful Return to Society after Prison
In today’s episode on Earning Freedom, Michael spoke about his experience in prison. He faced challenges, even though he served his sentence inside the minimum-security prison camp at Lewisburg. Michael describes his experience in the Residential Drug and Alcohol Program (RDAP) and other aspects of his journey.
After concluding his time in prison, Michael transitioned to a halfway house in the Bronx. He offers tips for people in prison, with suggestions that can ease their transition into the halfway house. Following his completion of time in the halfway house, Michael began to resume his career. He is succeeding in triumphing over challenges that complicate the lives of others who proceeded through prison without a plan. Michael has launched new ventures in the entertainment world and real estate investing.
Despite having a felony record, an individual can prepare in ways that lead to success. Michael Kimelman serves as an example to others. An individual can choose to allow external forces to derail possibilities for success, or an individual can choose to carve out a new path. Listen and learn from this success story that emerged from federal prison.
Contact Michael through Twitter: @Mikekimelman
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