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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf2 W. l3 N- F2 h% K
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING2 x9 g, X- A! t2 A, e
Wednesday March 19, 2003 By CHAD KULTGEN
9 I; n8 t& I8 a; H5 VNEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading
; R' W3 j! g6 b/ p. Dcharges — and incredibly, he claims to be a time-traveler from the year 2256!
& U$ E4 R0 T' i/ v' Y2 Y3 J% LSources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the+ z1 U9 b1 M. e. d3 D4 q
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.
. H: q* S6 O/ Z8 i: g”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over
- t7 C. ~6 Q* g# ]! q$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be w0 a6 y! v' A$ e) M
pure luck.) O) o% |! G. u. |/ [/ H% N1 Y
”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers+ k+ ~ P1 Y$ z% }, ]* a
Island until he agrees to give up his sources.”
+ |4 Z' @6 i% c, R# AThe past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin% p* [1 c% C5 A+ ]( y2 |
made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall W3 Q* H7 f1 q! Y
Street watchdogs.% V! C) ]/ v1 E7 A, C
”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,
5 n. s# b) n! g/ V uMr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing
( v- D" ^: D/ y. {# H4 O- m% [0 Ginvestigation.0 C, q# P. Q# L) z2 [& v7 Z
When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling6 d+ [) B6 { T) {
four-hour confession.( z: {6 @, M0 ^4 R. {3 w) {- f* L
Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common# V1 u" ^) E) a8 m* S/ n3 ]
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with, r' C' P% `0 e9 z* X! r1 S
knowledge of the handful of stocks destined to go through the roof could make a fortune.- |8 [/ O3 b9 Y7 V, t4 g
”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to" j- o' g# M2 l- x, O7 P- u+ Z1 H. H
make it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught, [$ K2 s: D" ?' y) \/ U# }
in the moment.”: x. I I8 v2 E% t
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
6 H% ^$ G+ F+ `" g6 zOsama Bin Laden and a cure for AIDS. n l1 ?$ C2 f
All he wants is to be allowed to return to the future in his “time craft.”
( f2 p" r8 W: D4 R, CHowever, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear
# M U1 [- y& l bthe technology could “fall into the wrong hands.” |
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