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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf1 r9 M% u. ]5 X$ B- O9 \+ A, V# s
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING: Q, A( r" t9 l, `& m3 U h4 x, E
Wednesday March 19, 2003 By CHAD KULTGEN
; t: q1 X4 F) MNEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading+ T8 p! n: [" E+ c( J n
charges — and incredibly, he claims to be a time-traveler from the year 2256!$ m: B6 }# m: |' N
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the
0 I/ [3 n# n4 z$ J% h) O# H6 tbizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January
, J$ Y) ?- p. ^& R; }# K( a28.
! l0 K$ z4 v0 O. K/ H”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.- r2 O' X6 p( T. U2 |! I! ]9 ^ J
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over
' S' D$ i4 z) R% o6 i$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be0 J% U$ } a- I& n; t
pure luck.- g0 g* j4 f/ @; ], E6 H1 |
”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers. y( h1 E. @% g0 b) X6 t
Island until he agrees to give up his sources.”
5 l' b+ E* N' L- c3 @The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin
8 m; |, ~+ J. [& Fmade a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall
3 c$ l# d" [9 ~, B( \Street watchdogs.: L7 n9 m0 _: P! n! ?0 V5 q4 c
”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,7 {, G6 }% q8 i0 s- C
Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing5 n: j' ]+ m# f; N
investigation.
6 }. U; `( Y+ B B, ^When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling
7 ^3 W# ^/ i! p. S; afour-hour confession.2 A9 Y [' R( B# E3 Y0 G
Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common- M( @) M4 Q a. F
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with
/ |7 X }6 W% Z, S5 m9 ^8 h: ~knowledge of the handful of stocks destined to go through the roof could make a fortune.
$ k0 G+ Y/ B, e/ X”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to" ?+ l3 Z$ _; }9 [+ w a
make it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught. A9 m- g2 E7 L9 S, ^9 e+ s3 C' K
in the moment.”4 x; D/ l+ D9 l: o8 O! S g
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of2 P1 [" {$ _" f5 P( X3 u1 m
Osama Bin Laden and a cure for AIDS." i6 o; ]% H0 |+ \; }
All he wants is to be allowed to return to the future in his “time craft.”. @% n% R3 m, s8 ]% A1 V6 `5 _
However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear
5 C& i4 C3 E( ~the technology could “fall into the wrong hands.” |
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