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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf7 i2 e3 f" \7 R7 N' F
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING
% @; }- I. T1 o" g, \. Q$ lWednesday March 19, 2003 By CHAD KULTGEN
1 g2 p% q6 }! `8 \, kNEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading' w' d" A: f* s, S/ k3 O9 p
charges — and incredibly, he claims to be a time-traveler from the year 2256!3 d3 d1 K8 S/ Q/ b: ~
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the
2 y4 X. y0 c/ U) Q! O7 B0 @bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January: B( Q, P% T8 j0 L4 j2 r6 K
28.
; s% } w3 q3 M1 {. b) D; J”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider., b" @0 h5 o+ \
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over% G" |1 C L2 n) i! L* [; e6 v# a6 R
$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be
& x% b* B% t1 m* V) h% Kpure luck.
% R/ k" m0 G0 W- P”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers8 T9 U$ F) O. b1 V. F% T" s
Island until he agrees to give up his sources.”; S0 p* Z5 p9 G: \! v. } a5 o
The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin
% ^: T# }) [3 _made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall$ ?. _& h& s( t& }$ T9 ? y) [7 v% w
Street watchdogs.
: g& ~ I* N$ X. d”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,0 V' k y' o. @- Q
Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing1 i. H$ M" ]; u* @8 C' C; S
investigation.
7 x) r/ f; A/ `5 mWhen investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling, S- r* \& e& r" x. q) v/ [! y5 V
four-hour confession.
6 P3 |9 s( _) C% J0 J# u0 TCarlssin declared that he had traveled back in time from over 200 years in the future, when it is common! O3 q/ i3 B$ {) r+ Z; b3 h
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with
/ k0 e( k K. _- ?* `knowledge of the handful of stocks destined to go through the roof could make a fortune.6 J( X" }3 g4 {5 W7 c$ H
”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to
* y! t, G3 \& E$ \3 |! I9 Rmake it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught- c0 k6 B# f5 F o2 q3 a
in the moment.”3 l% x. s; y" K9 E5 `
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of" K- i6 v$ S+ n* S$ P
Osama Bin Laden and a cure for AIDS.9 m# O, v4 o' C7 ]& y0 N7 b; x- _; S
All he wants is to be allowed to return to the future in his “time craft.”+ @" Q* K: d4 @; S) G+ s
However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear
( k- X7 e( E3 [' m0 }/ x! pthe technology could “fall into the wrong hands.” |
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