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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf) u) m$ f p1 @! I7 e
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING$ W5 N$ @7 ^7 N; S
Wednesday March 19, 2003 By CHAD KULTGEN
* ]. o6 }) f! L9 HNEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading/ {$ j; d( x# ~- \! Z
charges — and incredibly, he claims to be a time-traveler from the year 2256!
/ Q- \8 i6 T; ~% D' ]9 t, BSources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the: K1 T- A7 B3 ~" ]) ?
bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January
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”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.! m7 p o7 m; g; r
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over
( N ~/ `- C4 V% L$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be
( @$ G+ G& o' G1 ?8 ]pure luck., h# @5 W0 F, g, b! k0 ~
”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers
5 ?8 v/ N* Y0 W: e4 JIsland until he agrees to give up his sources.”
1 S z0 I4 P% `9 z. fThe past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin5 M$ w ^) n [- e' h
made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall
0 J! p+ V! m1 f+ y _Street watchdogs.2 X) _8 I1 q- f* c t: V
”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,
Z4 Q1 G/ F- A1 h# M/ VMr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing
4 o$ C! K; s, S. U% winvestigation.
& x+ j3 e( v, ]& p$ M8 b. n5 ~When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling
5 M, g4 A. p0 Z: Y" w. ?4 H8 M; efour-hour confession.3 X" e$ X7 W* I: e% h% Q( V% W, B9 O; X. C
Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common6 y5 w0 v; _# T) G" B) A
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with+ C7 p5 Z+ l+ k8 I4 j: j% w
knowledge of the handful of stocks destined to go through the roof could make a fortune.) H; v5 h; E+ i6 n( B
”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to
( Y4 o2 L- {, Q: M; C6 W7 Vmake it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught( n+ x- l/ j$ L. y2 e4 j( W' L4 S- A
in the moment.”* Z, g7 @2 v9 x9 F& Z5 b
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
; ~! P4 D: _1 j( X9 m4 Q2 vOsama Bin Laden and a cure for AIDS.
! D# ~% m2 }, HAll he wants is to be allowed to return to the future in his “time craft.”2 d2 e3 L" U$ b
However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear: W0 b1 L9 W1 l" ^1 Q s# j9 q
the technology could “fall into the wrong hands.” |
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