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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf5 M9 o( B3 s, ]# U. |% z9 L5 r2 q
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING, v' i6 `3 f* `; g8 d+ v: w
Wednesday March 19, 2003 By CHAD KULTGEN3 v6 `# q% R& W( i) j
NEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading+ r$ Y' M9 E8 \" K3 A
charges — and incredibly, he claims to be a time-traveler from the year 2256!9 d. U- R& g+ S$ A2 J# B/ L
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the
! d* a, F& I j, ^, ^2 O3 z2 Ibizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January
6 w/ F2 U5 e2 |7 M& x0 P28.
% ], s' F8 O" S# Y" c. ]" w”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.- R/ Z/ b# G1 M/ F& m6 q
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over! v9 w; i4 d/ F9 C9 ^1 B
$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be
; |0 o, Y) ^$ `& \pure luck.
8 u* f; g. R$ L; A4 J: d! g0 U”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers
s% w: L: m! mIsland until he agrees to give up his sources.”- w; S; `, n4 I0 x9 J
The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin5 l0 H0 E1 B- E: O, C
made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall6 R& e; B; Z" j g0 ^( ^# L3 B" w4 F
Street watchdogs. G9 Q, ?5 e) `5 S7 W6 T
”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,
" T+ P3 S' i' H) t! j7 YMr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing- C4 p+ a( Y: U1 a2 `4 ` ?- {$ g, N
investigation.: x* u3 V- \( R1 }: O' h6 n
When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling4 e" E4 C {" t/ A4 C8 L
four-hour confession.
! N; o& c/ N M& ]% CCarlssin declared that he had traveled back in time from over 200 years in the future, when it is common3 h7 j% m! @8 `6 ], B6 P
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with+ e- R$ Q) D& \1 `+ ]1 h
knowledge of the handful of stocks destined to go through the roof could make a fortune./ v1 z& c, k! k# Q1 O
”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to
/ S: F" G6 f+ P6 a( nmake it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught: ?8 z! Q/ z9 b, T- j, o# P
in the moment.”( C! H% G( C$ P0 F1 @
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
; j3 {+ z4 a8 k5 x L6 @3 D) mOsama Bin Laden and a cure for AIDS.4 W9 a! E+ W8 k' R$ h/ _
All he wants is to be allowed to return to the future in his “time craft.”
6 v6 U3 F" E; FHowever, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear6 K2 ?+ O: Q) q7 B; m# g* h9 }
the technology could “fall into the wrong hands.” |
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