I had the same error, tried all differ version of converter and workaround. ssl=false, dns, ip ..
here's what worked for me: Windows 2008 R2 SP1
Current environment: All 5.5. U2
1.) downloaded the 5.01 converter installed Windows 2008 R2 SP1
2.) Disjoined the ESXi 5.5 U2 from Cluster/vCenter
3.) Run the vConverter from Source.