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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf0 A/ S8 g" }1 E- X% @6 V
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING
. g5 V8 `" d0 e" B1 cWednesday March 19, 2003 By CHAD KULTGEN( u! U7 H& t. \+ y: m
NEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading
: O2 i4 X% d9 O& Icharges — and incredibly, he claims to be a time-traveler from the year 2256!$ y& e- w% f! d
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the9 D9 n- ]+ o! P# K$ O9 j# J
bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January5 S4 L0 x. Q& X$ x/ c( _; }
28.' S/ Q& |0 z1 `; F' s$ N, @8 s
”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.
2 W) s J% S9 j Z! k”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over; L( \% [. l$ v, p, c
$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be7 j- O% o: F/ @6 X9 v- S7 v
pure luck.
# y, U0 u( Z, i7 u: h2 K”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers
1 L8 J/ Y. Y2 L( `# |Island until he agrees to give up his sources.”
$ D! b- O- q* |: e* ~+ S: s" vThe past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin" _% b6 o4 j4 c( s' H- l. j2 K
made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall4 n6 h' s, F) z7 u$ L X
Street watchdogs.0 i# y# h6 C3 p% L
”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,9 ` n: G3 Z: |1 U
Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing
1 d/ C! r7 p) r# C, h! h. \investigation.
% b X: ]+ L! A' F! l( A3 IWhen investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling% D: e6 B) k( S0 E/ f7 W+ I" M* |
four-hour confession.
1 R# {4 F% ~! a: NCarlssin declared that he had traveled back in time from over 200 years in the future, when it is common5 T7 A. l/ F/ N
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with
, C+ d: ~$ B0 D; }6 Y( Sknowledge of the handful of stocks destined to go through the roof could make a fortune. i+ l2 z" l' e a6 `7 B. y) t
”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to2 w# ?/ [5 E$ [. x
make it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught
! V7 |! N6 U# ]1 j+ q: Hin the moment.”
$ |& ^' M2 o& [: h1 uIn a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of( l/ X* w+ [- `) I
Osama Bin Laden and a cure for AIDS.
, o! S, R* n5 e6 p6 n7 L, dAll he wants is to be allowed to return to the future in his “time craft.”$ N; y, k* T' O. I
However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear0 w4 W6 w( P: B! F8 S7 ?" N. K! q
the technology could “fall into the wrong hands.” |
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